International business machines corporation (IBM)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenue

76,536

77,147

77,131

77,859

78,701

79,591

80,373

80,770

80,056

79,139

78,368

78,441

79,390

79,919

80,206

80,260

80,835

81,741

83,796

86,913

90,147

92,793

95,377

96,318

97,195

98,367

99,341

100,750

101,609

102,874

104,689

106,099

106,982

106,916

106,448

104,562

101,620

99,870

98,083

97,378

96,904

95,758

93,829

97,083

0

0

0

Cost

40,169

40,659

41,055

41,316

41,969

42,655

43,074

43,293

42,810

42,196

41,359

41,400

41,615

41,403

41,400

41,031

40,918

41,057

41,657

43,336

44,916

46,386

47,387

47,772

48,561

49,683

49,870

50,978

51,688

52,513

54,836

55,804

56,584

56,778

56,807

56,093

54,726

53,857

53,151

52,819

52,573

51,973

52,229

54,512

0

0

0

Gross profit

36,367

36,488

36,076

36,543

36,732

36,936

37,299

37,477

37,246

36,943

37,008

37,040

37,774

38,516

38,807

39,230

39,918

40,684

42,140

43,578

45,232

46,407

47,990

48,545

48,633

48,684

49,469

49,772

49,921

50,361

49,853

50,294

50,398

50,138

49,644

48,472

46,896

46,014

44,932

44,558

44,330

43,785

41,598

42,570

0

0

0

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

21,868

20,604

19,872

19,211

18,612

19,366

19,679

19,922

20,098

19,680

19,442

19,568

19,884

20,869

21,251

21,250

21,080

20,430

21,306

21,856

22,270

23,180

23,080

23,059

24,146

23,451

23,349

23,997

23,154

23,463

23,707

23,461

23,654

23,594

23,468

22,955

21,986

21,837

21,447

21,311

21,365

20,952

21,036

22,312

0

0

0

Research, development and engineering

6,181

5,989

5,751

5,450

5,407

5,379

5,400

5,439

5,511

5,590

5,617

5,723

5,752

5,726

5,682

5,572

5,407

5,247

5,205

5,272

5,333

5,437

5,312

5,314

5,501

5,743

5,642

5,820

5,859

5,816

6,278

6,290

6,272

6,258

6,280

6,198

6,104

6,026

5,908

5,890

5,849

5,820

5,939

6,153

0

0

0

Intellectual property and custom development income

663

648

673

782

810

1,026

1,190

1,223

1,338

1,466

1,639

1,859

1,859

1,631

1,303

963

726

682

688

645

708

742

744

790

846

822

848

960

1,002

1,074

1,100

1,095

1,101

1,108

1,173

1,153

1,155

1,154

2,289

2,305

1,706

1,177

-543

-1,122

0

0

0

Other (income) and expense

-713

-968

-667

-361

666

1,152

1,342

1,226

1,219

1,125

1,062

895

659

593

135

10

-328

-724

-2,083

-2,053

-1,954

-1,938

-551

-511

-400

-333

-261

-804

-845

-843

-839

-105

124

-20

-18

-252

-444

-787

-770

-659

-592

-351

-378

-407

0

0

0

Interest expense

1,460

1,344

1,184

943

768

723

694

671

645

615

608

598

618

630

600

559

507

468

457

466

487

484

480

451

413

402

397

424

443

459

465

448

428

411

398

386

379

368

348

337

348

402

480

541

0

0

0

Total expense and other (income)

28,134

26,322

25,468

24,462

24,643

25,594

25,921

26,031

26,133

25,543

25,093

24,927

25,055

26,186

26,365

26,429

25,941

24,740

24,199

24,897

25,428

26,421

27,575

27,520

28,812

28,440

28,279

28,478

27,610

27,821

28,508

28,997

29,377

29,135

28,958

28,136

26,870

26,291

25,784

25,715

25,800

25,647

25,947

27,478

0

0

0

Income/(loss) from continuing operations before income taxes

8,234

10,166

10,607

12,081

12,089

11,342

11,376

11,445

11,112

11,400

11,916

12,114

12,720

12,330

12,445

12,803

13,978

15,945

17,940

18,680

19,804

19,986

20,414

21,025

19,821

20,244

21,191

21,293

22,310

22,540

21,345

21,298

21,022

21,003

20,685

20,335

20,025

19,723

19,148

18,844

18,531

18,138

15,652

15,093

0

0

0

Provision for/(benefit from) income taxes

-784

731

2,889

3,344

3,448

2,619

5,658

5,693

5,431

5,642

600

670

1,103

449

609

859

1,013

2,581

3,521

3,768

4,166

4,234

3,694

3,620

3,442

3,363

4,565

4,984

5,346

5,541

5,085

5,022

4,963

5,148

5,061

4,961

4,930

4,890

4,760

4,831

4,800

4,713

4,216

4,106

0

0

0

Income from continuing operations

9,018

9,435

7,719

8,738

8,641

8,723

5,716

5,750

5,680

5,758

11,317

11,445

11,618

11,881

11,836

11,944

12,965

13,364

14,418

14,911

15,636

15,751

14,375

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-3

-4

-6

-3

-1

5

6

4

2

-5

-9

-10

-9

-9

-1

-12

-89

-174

-208

-3,633

-3,671

-3,729

-3,796

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

9,015

9,431

7,712

8,734

8,640

8,728

5,723

5,755

5,682

5,753

11,308

11,435

11,608

11,872

11,834

11,931

12,876

13,190

14,210

11,278

11,966

12,022

12,723

16,746

15,835

16,483

16,132

15,915

16,570

16,604

16,260

16,275

16,058

15,855

15,623

15,373

15,095

14,833

14,389

14,014

13,731

13,425

11,436

10,987

0

0

0

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

1.31

4.11

1.87

2.81

1.78

2.15

2.94

2.61

1.81

-1.11

2.92

2.48

1.85

4.71

2.98

2.61

2.09

4.56

3.02

3.58

2.44

5.47

3.46

4.23

2.43

-

3.77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

-0.01

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.01

0.00

0.00

0.00

0.00

-0.01

-0.08

-0.09

0.00

-3.44

-0.11

-0.14

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total (in dollars per share)

1.31

4.10

1.87

2.81

1.78

2.16

2.94

2.61

1.81

-1.11

2.92

2.48

1.85

4.70

2.98

2.61

2.09

4.56

3.01

3.50

2.35

5.47

0.02

4.12

2.29

5.65

3.68

2.91

2.70

5.09

3.33

3.34

2.61

4.56

3.19

3.00

2.31

4.12

2.82

2.61

1.97

3.59

2.40

2.32

1.70

2.04

1.97

Basic:
Continuing operations (in dollars per share)

1.32

4.13

1.89

2.82

1.79

2.16

2.95

2.63

1.82

-1.11

2.93

2.49

1.86

4.74

2.99

2.62

2.09

4.58

3.04

3.59

2.45

5.51

3.48

4.25

2.44

-

3.79

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.01

0.00

0.00

0.00

0.00

-0.01

-0.08

-0.09

0.00

-3.46

-0.11

-0.14

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total (in dollars per share)

1.32

4.13

1.89

2.82

1.79

2.17

2.95

2.63

1.82

-1.11

2.93

2.49

1.86

4.73

2.99

2.62

2.09

4.58

3.03

3.51

2.36

5.51

0.02

4.14

2.30

5.71

3.70

2.93

2.72

5.14

3.36

3.38

2.65

4.64

3.23

3.04

2.34

4.18

2.86

2.65

2.00

3.63

2.44

2.34

1.71

2.08

2.01

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

895

893

892

890

893

905

915

919

925

928

933

939

947

952

957

960

964

972

979

986

992

995

997

1,005

1,041

1,079

1,098

1,109

1,124

1,136

1,149

1,161

1,174

1,188

1,204

1,221

1,240

1,258

1,272

1,296

1,321

1,340

1,338

1,336

1,349

1,384

1,402

Basic (in shares)

887

887

886

886

889

901

911

915

920

924

929

934

942

948

953

957

961

969

975

982

988

990

991

999

1,035

1,072

1,090

1,100

1,113

1,124

1,137

1,149

1,159

1,172

1,188

1,204

1,222

1,240

1,255

1,278

1,301

1,318

1,319

1,326

1,344

1,359

1,376

Cash dividend per common share

-

-

-

-

-

-

-

-

-

-

1.50

1.50

1.40

-

1.40

1.40

1.30

-

1.30

1.30

1.10

-

1.10

1.10

0.95

-

0.95

0.95

0.85

-

0.85

0.85

0.75

-

0.75

0.75

0.65

-

0.65

0.65

0.55

-

0.55

0.55

0.50

0.50

0.50

Services
Revenue

46,951

47,493

47,337

47,677

48,211

49,257

48,950

49,610

49,271

48,652

50,513

50,748

51,219

51,268

50,968

50,357

49,936

49,911

50,984

52,526

54,057

55,673

56,823

57,179

57,363

57,655

57,985

58,386

58,907

59,453

59,759

60,432

60,845

60,721

60,301

59,181

57,759

56,868

56,473

56,100

55,755

55,128

55,236

56,633

0

0

0

Cost

32,062

32,491

32,640

32,751

33,124

33,687

33,796

34,110

33,833

33,399

33,335

33,488

33,811

33,792

33,841

33,490

33,230

33,126

33,710

34,511

35,211

36,034

36,714

36,944

37,139

37,564

37,831

38,248

38,707

39,166

39,456

40,079

40,609

40,740

40,731

40,102

39,115

38,383

37,926

37,650

37,467

37,146

37,671

39,147

0

0

0

Sales
Revenue

28,285

28,252

28,291

28,634

28,897

28,735

29,772

29,465

29,068

28,772

26,144

25,999

26,467

26,942

27,519

28,148

29,089

29,967

30,874

32,407

34,084

35,063

36,494

37,064

37,773

38,666

39,309

40,347

40,654

41,381

42,875

43,564

44,032

44,063

43,935

43,160

41,615

40,736

39,350

39,010

38,859

38,300

36,255

38,015

0

0

0

Cost

7,284

7,263

7,419

7,498

7,716

7,835

8,114

7,984

7,779

7,587

6,848

6,800

6,718

6,566

6,521

6,529

6,673

6,920

6,937

7,791

8,708

9,312

9,604

9,748

10,307

11,009

10,933

11,633

11,866

12,260

14,317

14,645

14,908

14,973

14,983

14,925

14,540

14,374

14,128

14,020

13,928

13,606

13,316

14,137

0

0

0

Financing
Revenue

1,300

1,402

1,502

1,548

1,593

1,599

1,650

1,694

1,716

1,715

1,710

1,694

1,705

1,710

1,721

1,756

1,811

1,864

1,940

1,982

2,007

2,057

2,060

2,075

2,059

2,047

2,048

2,018

2,048

2,040

2,054

2,102

2,105

2,132

2,213

2,222

2,246

2,267

2,260

2,268

2,292

2,331

2,338

2,436

0

0

0

Cost

821

904

995

1,065

1,127

1,132

1,166

1,201

1,200

1,210

1,174

1,111

1,085

1,044

1,037

1,011

1,014

1,011

1,009

1,033

997

1,040

1,070

1,081

1,115

1,110

1,108

1,098

1,116

1,087

1,061

1,079

1,066

1,065

1,093

1,066

1,070

1,100

1,095

1,147

1,177

1,220

1,244

1,229

0

0

0