The table below shows INTERNATIONAL BUSINESS MACHINES CORP's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$67.53B
$62.75B
$61.86B
$60.53B
$57.35B
$55.18B
Cost of revenue
$28.24B
$27.20B
$27.56B
$27.84B
$25.86B
$24.31B
Gross profit
$39.30B
$35.55B
$34.30B
$32.69B
$31.49B
$30.86B
R&D
$8.32B
$7.48B
$6.78B
$6.57B
$6.49B
$6.26B
IBM annual revenue (10-K history)
INTERNATIONAL BUSINESS MACHINES CORP reported annual revenue of $67.53B for fiscal year 2025. That is up 7.6% from $62.75B in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $79.92B (FY 2016) to $67.53B. Figures come from the company's audited annual reports as filed with the SEC.
