| Income statement (USD) | FY 2025 ended Dec 31, 2025 | FY 2024 ended Dec 31, 2024 | FY 2023 ended Dec 31, 2023 | FY 2022 ended Dec 31, 2022 | FY 2021 ended Dec 31, 2021 | FY 2020 ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | 67.53B | 62.75B | 61.86B | 60.53B | 57.35B | 55.18B |
| Cost of revenue | 28.24B | 27.20B | 27.56B | 27.84B | 25.86B | 24.31B |
| Gross profit | 39.30B | 35.55B | 34.30B | 32.69B | 31.49B | 30.86B |
| Research and development | 8.32B | 7.48B | 6.78B | 6.57B | 6.49B | 6.26B |
| Selling, general and admin | 20.12B | 19.69B | 19.00B | 18.61B | 18.75B | 20.56B |
| Interest expense | 1.94B | 1.71B | 1.61B | 1.22B | 1.16B | 1.29B |
| Income before tax | 10.33B | 5.80B | 8.69B | 1.16B | 4.84B | 2.57B |
| Income tax | -242.00M | -218.00M | 1.18B | -626.00M | 124.00M | -1.36B |
| Net income | 10.59B | 6.02B | 7.50B | 1.64B | 5.74B | 5.59B |
| EPS | 11.36 | 6.53 | 8.23 | 1.82 | 6.41 | 6.28 |
| EPS (diluted) | 11.17 | 6.43 | 8.14 | 1.80 | 6.35 | 6.23 |
| Diluted shares | 948.68M | 937.16M | 922.07M | 912.27M | 904.64M | 896.56M |
| Dividends per share | 6.71 | 6.67 | 6.63 | 6.59 | 6.55 | 6.51 |
From IBM's 10-K and 10-Q filings with the SEC. Fiscal years are the company's own, so they may not match the calendar. A blank cell means the company did not report that line. New to this? Read income statement or reading a 10-K.
Revenue, earnings, margins and balance sheet trends drawn by TradingView from its own data, so figures can differ slightly from the SEC table above.