IBM
Financials
SEC EDGAR companyfacts, fetched 2026-11-01.
Financials
Tap a column to read the value.
Annual
| Period | Revenue | Gross profit | Operating income | Net income | Free cash flow | Op margin | Net margin |
|---|---|---|---|---|---|---|---|
| 2021 | $57.4B | $31.5B | — | $5.7B | $10.7B | — | 10.0% |
| 2022 | $60.5B | $32.7B | — | $1.6B | $9.1B | — | 2.7% |
| 2023 | $61.9B | $34.3B | — | $7.5B | $12.7B | — | 12.1% |
| 2024 | $62.8B | $35.6B | — | $6.0B | $12.4B | — | 9.6% |
| 2025 | $67.5B | $39.3B | — | $10.6B | $12.1B | — | 15.7% |
Quarterly
| Period | Revenue | Gross profit | Operating income | Net income | Free cash flow | Op margin | Net margin |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | $17.4B | $10.3B | — | $3.3B | — | — | 18.9% |
| 2024-03-31 | $14.5B | $7.7B | — | $1.6B | $3.9B | — | 11.1% |
| 2024-06-30 | $15.8B | $8.9B | — | $1.8B | — | — | 11.6% |
| 2024-09-30 | $15.0B | $8.4B | — | -$330M | — | — | -2.2% |
| 2024-12-31 | $17.6B | $10.4B | — | $2.9B | — | — | 16.6% |
| 2025-03-31 | $14.5B | $8.0B | — | $1.1B | $4.1B | — | 7.3% |
| 2025-06-30 | $17.0B | $10.0B | — | $2.2B | — | — | 12.9% |
| 2025-09-30 | $16.3B | $9.4B | — | $1.7B | — | — | 10.7% |
| 2025-12-31 | $19.7B | $11.9B | — | $5.6B | — | — | 28.4% |
| 2026-03-31 | $15.9B | $8.9B | — | $1.2B | $4.9B | — | 7.6% |
| 2026-06-30 | $17.2B | $9.9B | — | $2.2B | — | — | 12.6% |
| 2026-09-30 | $17.1B | $9.7B | — | $2.2B | — | — | 12.8% |