International business machines corporation (IBM)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenue

77,147

79,591

79,139

79,919

81,741

92,793

98,367

102,874

106,916

99,870

95,758

103,630

98,786

Cost

40,659

42,655

42,196

41,403

41,057

46,386

49,683

52,513

56,778

53,857

51,973

57,969

57,057

Gross profit

36,488

36,936

36,943

38,516

40,684

46,407

48,684

50,361

50,138

46,014

43,785

45,661

41,729

Expense and other (income):
Selling, general and administrative

20,604

19,366

19,680

20,869

20,430

23,180

23,451

23,463

23,594

21,837

20,952

23,386

22,060

Research, development and engineering

5,989

5,379

5,590

5,726

5,247

5,437

5,743

5,816

6,258

6,026

5,820

6,337

6,153

Intellectual property and custom development income

648

1,026

1,466

1,631

682

742

822

1,074

1,108

1,154

1,177

1,153

-958

Other (income) and expense

-968

1,152

1,125

593

-724

-1,938

-333

-843

-20

-787

-351

-298

-626

Interest expense

1,344

723

615

630

468

484

402

459

411

368

402

673

611

Total expense and other (income)

26,322

25,594

25,543

26,186

24,740

26,421

28,440

27,821

29,135

26,291

25,647

28,945

27,240

Income/(loss) from continuing operations before income taxes

10,166

11,342

11,400

12,330

15,945

19,986

20,244

22,540

21,003

19,723

18,138

16,715

14,489

Provision for/(benefit from) income taxes

731

2,619

5,642

449

2,581

4,234

3,363

5,541

5,148

4,890

4,713

4,381

4,071

Income from continuing operations

9,435

8,723

5,758

11,881

13,364

15,751

16,881

16,999

-

-

-

-

10,418

Income/(loss) from discontinued operations, net of tax

-4

5

-5

-9

-174

-3,729

-398

-395

-

-

-

-

0

Net income

9,431

8,728

5,753

11,872

13,190

12,022

16,483

16,604

15,855

14,833

13,425

12,334

10,418

Earnings/(loss) per share of common stock:
Continuing operations (in dollars per share)

10.57

9.51

6.14

12.39

13.60

15.59

15.30

14.71

-

-

-

-

7.15

Discontinued operations (in dollars per share)

-0.01

0.01

0.00

-0.01

-0.18

-3.69

-0.36

-0.34

-

-

-

-

0.00

Total (in dollars per share)

10.56

9.52

6.14

12.38

13.42

11.90

14.94

14.37

13.06

11.52

10.01

8.89

7.15

Basic:
Continuing operations (in dollars per share)

10.63

9.56

6.17

12.44

13.66

15.68

15.42

14.88

-

-

-

-

7.27

Discontinued operations (in dollars per share)

0.00

0.01

0.00

-0.01

-0.18

-3.71

-0.36

-0.35

-

-

-

-

0.00

Total (in dollars per share)

10.63

9.57

6.17

12.43

13.48

11.97

15.06

14.53

13.25

11.69

10.12

9.02

7.27

Weighted-average number of common shares outstanding:
Assuming dilution (in shares)

892

916

937

958

982

1,010

1,103

1,155

1,213

1,287

1,341

1,387

1,456

Basic (in shares)

887

912

932

955

978

1,004

1,094

1,142

1,196

1,268

1,327

1,369

1,433

Services
Revenue

47,493

49,257

48,652

51,268

49,911

55,673

57,655

59,453

60,721

56,868

55,128

58,892

54,057

Cost

32,491

33,687

33,399

33,792

33,126

36,034

37,564

39,166

40,740

38,383

37,146

40,937

39,160

Sales
Revenue

28,252

28,735

28,772

26,942

29,967

35,063

38,666

41,381

44,063

40,736

38,300

42,156

42,202

Cost

7,263

7,835

7,587

6,566

6,920

9,312

11,009

12,260

14,973

14,374

13,606

15,776

16,552

Financing
Revenue

1,402

1,599

1,715

1,710

1,864

2,057

2,047

2,040

2,132

2,267

2,331

2,582

2,526

Cost

904

1,132

1,210

1,044

1,011

1,040

1,110

1,087

1,065

1,100

1,220

1,256

1,345