IBM (IBM) Income Statement

Click line-items for a historical chart and %

Revenue:
Services	12.94B
Sales	5.87B
Financing	417M
Total revenue	19.23B
Cost:
Services	8.42B
Sales	1.54B
Financing	259M
Total cost	10.21B
Gross profit	9.01B
Expense and other income:
Selling, general and administrative	4.73B
Research, development and engineering	1.4B
Intellectual property and custom development income	-528M
Other (income) and expense	-8M
Interest expense	158M
Total expense and other income	5.75B
Income before income taxes	3.26B
Provision for income taxes	409M
Net income	2.85B
Earnings per share of common stock:
Assuming dilution (in dollars per share)	2.98
Basic (in dollars per share)	2.99
Weighted-average number of common shares outstanding: (millions)
Assuming dilution (in shares)	957.3M
Basic (in shares)	954M
Cash dividend per common share (in dollars per share)	1.4

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