Last quarter (Q4 2023), International Business Machines's total revenue was $17.38B, an increase of 4.13% from the same quarter last year. In Q4, International Business Machines's net income was $4.61B. See International Business Machines’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 54.12B	$ 61.86B	$ 60.53B	$ 57.35B	$ 55.18B	$ 77.15B
Cost of Revenue	$ 24.70B	$ 382.00M	$ 406.00M	$ 25.86B	$ 24.31B	$ 40.66B
Gross Profit	$ 61.48B	$ 61.48B	$ 60.12B	$ 31.48B	$ 30.86B	$ 36.49B
Operating Expense	$ 25.78B	$ 25.78B	$ 25.18B	$ 25.23B	$ 26.24B	$ 25.86B
Operating Income	$ 43.05B	$ 36.08B	$ 35.35B	$ 6.25B	$ 4.62B	$ 10.63B
Net Non Operating Interest Income Expense	$ -1.61B	$ -1.61B	$ -1.22B	$ -1.16B	$ -1.18B	$ -995.00M
Other Income Expense	$ -6.64B	$ -10.62B	$ -9.49B	$ 261.00M	$ -867.00M	$ 529.00M
Pretax Income	$ 8.69B	$ 8.69B	$ 1.16B	$ 4.84B	$ 2.57B	$ 10.17B
Tax Provision	$ -5.80B	$ 1.18B	$ -626.00M	$ 124.00M	$ -1.36B	$ 731.00M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 8.44B	$ 7.50B	$ 6.92B	$ 4.71B	$ 5.59B	$ 9.43B
Basic EPS	$ 8.22	$ 8.24	$ 1.81	$ 6.41	$ 6.28	$ 10.63
Diluted EPS	$ 8.13	$ 8.14	$ 1.79	$ 6.35	$ 6.23	$ 10.56
Basic Average Shares	$ 3.64B	$ 911.21M	$ 902.66M	$ 895.99M	$ 890.35M	$ 887.24M
Diluted Average Shares	$ 3.69B	$ 922.07M	$ 912.27M	$ 904.64M	$ 896.56M	$ 892.81M
Dividend Per Share	$ 6.63	$ 6.63	$ 6.59	$ 6.55	$ 6.51	$ 6.43
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	$ 8.67	$ 12.81
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 50.48B	$ 26.16B	$ 25.58B	$ 51.10B	$ 50.56B	$ 66.52B
Net Income From Continuing And Discontinued Operation	$ 7.50B	$ 7.50B	$ 1.64B	$ 4.71B	$ 5.59B	$ 9.43B
Normalized Income	$ 35.02B	$ 34.83B	$ 28.31B	-	$ 3.90B	$ 9.24B
Interest Expense	-	-	-	-	$ 1.29B	$ 1.34B
EBIT	$ 5.50B	$ 12.25B	$ 3.94B	$ 4.44B	$ 3.86B	$ 11.51B
EBITDA	$ 9.90B	$ 16.64B	$ 8.74B	$ 10.86B	$ 10.55B	$ 17.57B

Currency in USD

International Business Machines Earnings and Revenue History

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