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International Business Machines Corporation (IBM)

Technology | Information Technology Services
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 14,541,000,000 17,553,000,000 14,967,000,000 15,769,000,000
Cost of Revenue 6,510,000,000 7,114,000,000 6,548,000,000 6,820,000,000
Gross Profit 8,031,000,000 10,439,000,000 8,420,000,000 8,950,000,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 4,261,000,000 4,586,000,000 4,311,000,000 4,647,000,000
Operating Expenses 6,266,000,000 6,538,000,000 6,242,000,000 6,515,000,000
Operating Income 1,765,000,000 3,901,000,000 2,177,000,000 2,434,000,000
Interest Expense 455,000,000 424,000,000 429,000,000 427,000,000
Income Before Tax 1,158,000,000 3,306,000,000 -802,000,000 2,219,000,000
Income Tax Expense 103,000,000 379,000,000 -485,000,000 389,000,000
Net Income 1,055,000,000 2,914,000,000 -330,000,000 1,834,000,000
Per Share
EPS 1.14 3.15 -0.36 1.99
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 62,753,000,000 61,860,000,000 60,530,000,000 57,351,000,000 73,621,000,000
Cost of Revenue 27,201,000,000 27,560,000,000 27,843,000,000 25,865,000,000 38,046,000,000
Gross Profit 35,551,000,000 34,300,000,000 32,687,000,000 31,486,000,000 35,575,000,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 17,910,000,000 17,559,000,000 18,609,000,000 17,699,000,000 21,850,000,000
Operating Expenses 25,478,000,000 24,479,000,000 24,513,000,000 24,654,000,000 28,680,000,000
Operating Income 10,074,000,000 9,821,000,000 2,372,000,000 6,832,000,000 6,895,000,000
Interest Expense 1,712,000,000 1,607,000,000 1,216,000,000 1,155,000,000 1,288,000,000
Income Before Tax 5,797,000,000 8,690,000,000 1,156,000,000 4,837,000,000 4,637,000,000
Income Tax Expense -218,000,000 1,176,000,000 -626,000,000 124,000,000 -864,000,000
Net Income 6,023,000,000 7,502,000,000 1,640,000,000 5,742,000,000 5,590,000,000
Per Share
EPS 6.53 8.23 1.82 6.41 6.28
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 13,947,000,000 13,089,000,000 7,886,000,000 6,650,000,000
Short Term Investments 644,000,000 373,000,000 852,000,000 600,000,000
Net Receivables 7,237,000,000 7,719,000,000 15,148,000,000 14,977,000,000
Inventory 1,289,000,000 1,161,000,000 1,552,000,000 1,649,000,000
Total Current Assets 34,482,000,000 31,910,000,000 29,118,000,000 29,539,000,000
Property Plant Equipment 8,928,000,000 8,721,000,000 8,212,000,000 8,915,000,000
Goodwill and Intangibles 71,366,000,000 71,214,000,000 67,133,000,000 68,154,000,000
Total Assets 137,175,000,000 135,241,000,000 127,243,000,000 132,001,000,000
Liabilities
Account Payables 4,032,000,000 4,132,000,000 4,051,000,000 3,955,000,000
Short Term Debt 5,857,000,000 7,246,000,000 5,634,000,000 7,760,000,000
Total Current Liabilities 33,142,000,000 34,121,000,000 31,505,000,000 33,619,000,000
Long Term Debt 52,539,000,000 52,335,000,000 48,379,000,000 47,379,000,000
Total Liabilities 109,782,000,000 112,628,000,000 105,222,000,000 113,005,000,000
Shareholders Equity
Retained Earnings 151,163,000,000 151,276,000,000 149,825,000,000 154,209,000,000
Total Shareholders Equity 27,307,000,000 22,533,000,000 21,944,000,000 18,901,000,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 13,947,000,000 13,089,000,000 7,886,000,000 6,650,000,000 13,212,000,000
Short Term Investments 644,000,000 373,000,000 852,000,000 600,000,000 600,000,000
Net Receivables 7,237,000,000 7,719,000,000 15,148,000,000 14,977,000,000 18,738,000,000
Inventory 1,289,000,000 1,161,000,000 1,552,000,000 1,649,000,000 1,839,000,000
Total Current Assets 34,482,000,000 31,910,000,000 29,118,000,000 29,539,000,000 39,165,000,000
Property Plant Equipment 8,928,000,000 8,721,000,000 8,212,000,000 8,915,000,000 14,726,000,000
Goodwill and Intangibles 71,366,000,000 71,214,000,000 67,133,000,000 68,154,000,000 73,412,000,000
Total Assets 137,175,000,000 135,241,000,000 127,243,000,000 132,001,000,000 155,970,000,000
Liabilities
Account Payables 4,032,000,000 4,132,000,000 4,051,000,000 3,955,000,000 4,908,000,000
Short Term Debt 5,857,000,000 7,246,000,000 5,634,000,000 7,760,000,000 8,540,000,000
Total Current Liabilities 33,142,000,000 34,121,000,000 31,505,000,000 33,619,000,000 39,869,000,000
Long Term Debt 52,539,000,000 52,335,000,000 48,379,000,000 47,379,000,000 54,355,000,000
Total Liabilities 109,782,000,000 112,628,000,000 105,222,000,000 113,005,000,000 135,245,000,000
Shareholders Equity
Retained Earnings 151,163,000,000 151,276,000,000 149,825,000,000 154,209,000,000 162,717,000,000
Total Shareholders Equity 27,307,000,000 22,533,000,000 21,944,000,000 18,901,000,000 20,597,000,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2023-09-30 2023-03-31
Operating Activities
Net Income 6,023,000,000 7,514,000,000 7,514,000,000 0
Depreciation & Amortization 4,667,000,000 4,396,000,000 4,396,000,000 0
Stock Based Compensation 1,311,000,000 1,133,000,000 -7,612,000,000 0
Change in Working Capital 1,313,000,000 2,184,000,000 2,184,000,000 -6,419,000,000
Operating Cash Flow 13,445,000,000 13,931,000,000 13,931,000,000 0
Investing Activities
Capital Expenditure -1,685,000,000 -1,810,000,000 -1,810,000,000 5,344,000,000
Investments -1,048,000,000 -1,810,000,000 -1,810,000,000 5,344,000,000
Investing Cash Flow -4,937,000,000 -7,070,000,000 -7,070,000,000 5,344,000,000
Financing Activities
Debt Repayment -880,000,000 -4,497,000,000 -4,497,000,000 0
Common Stock Issued/Repurchased 745,000,000 0 0 0
Dividends Paid -6,147,000,000 -6,040,000,000 -6,040,000,000 0
Financing Cash Flow -7,079,000,000 -1,769,000,000 -1,769,000,000 0
Summary
Free Cash Flow 11,760,000,000 12,121,000,000 12,121,000,000 5,344,000,000
Net Change in Cash 1,071,000,000 5,100,000,000 5,100,000,000 5,344,000,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2023-09-30 2023-03-31 2022-12-31
Operating Activities
Net Income 6,023,000,000 7,514,000,000 7,514,000,000 0 1,639,000,000
Depreciation & Amortization 4,667,000,000 4,396,000,000 4,396,000,000 0 4,802,000,000
Stock Based Compensation 1,311,000,000 1,133,000,000 -7,612,000,000 0 987,000,000
Change in Working Capital 1,313,000,000 2,184,000,000 2,184,000,000 -6,419,000,000 -2,887,000,000
Operating Cash Flow 13,445,000,000 13,931,000,000 13,931,000,000 0 10,435,000,000
Investing Activities
Capital Expenditure -1,685,000,000 -1,810,000,000 -1,810,000,000 5,344,000,000 -1,860,000,000
Investments -1,048,000,000 -1,810,000,000 -1,810,000,000 5,344,000,000 -1,860,000,000
Investing Cash Flow -4,937,000,000 -7,070,000,000 -7,070,000,000 5,344,000,000 -4,202,000,000
Financing Activities
Debt Repayment -880,000,000 -4,497,000,000 -4,497,000,000 0 -6,800,000,000
Common Stock Issued/Repurchased 745,000,000 0 0 0 -407,000,000
Dividends Paid -6,147,000,000 -6,040,000,000 -6,040,000,000 0 -5,948,000,000
Financing Cash Flow -7,079,000,000 -1,769,000,000 -1,769,000,000 0 -4,958,000,000
Summary
Free Cash Flow 11,760,000,000 12,121,000,000 12,121,000,000 5,344,000,000 8,575,000,000
Net Change in Cash 1,071,000,000 5,100,000,000 5,100,000,000 5,344,000,000 1,031,000,000