IBM — Three-Statement Breakdown

Quarterly TTM Annual

Income Balance Cash flow

Three-Statement Breakdown

IBM
2026-06-30 · figures in $M

LITTLE CHANGED

Revenue was little changed at $17.2B year over year, and carried a 12.6% net margin.

REVENUE +1.1%

17,162 +1.1% YoY

GROSS PROFIT -0.7%

9,907 57.7% MGN

NET INCOME -1.3%

2,165 12.6% MGN

EPS (DILUTED) -1.7%

$2.27 -1.7% YoY

Income statement		24-09	24-12	25-03	25-06	25-09	25-12	26-03		QoQ	YoY
Revenue	10-Q	14,968	17,553	14,541	16,977	16,331	19,686	15,917	17,162	+7.8%	+1.1%

Cost of revenue	10-Q	(6,548)	(7,114)	(6,510)	(7,001)	(6,970)	(7,758)	(6,968)	(7,255)	+4.1%	+3.6%

Gross profit	10-Q	8,420	10,439	8,031	9,977	9,360	11,929	8,950	9,907	+10.7%	-0.7%

Research & development	10-Q	(1,876)	(1,967)	(1,950)	(2,097)	(2,082)	(2,187)	(2,173)	(2,311)	+6.4%	+10.2%

SG&A	10-Q	(4,911)	(4,865)	(4,886)	(5,027)	(4,748)	(5,462)	(5,089)	(4,981)	-2.1%	-0.9%

Interest expense	10-Q	(429)	(424)	(455)	(510)	(492)	(478)	(473)	(486)	+2.7%	-4.7%

Income tax	10-Q	-485	(380)	(103)	(404)	(686)	-1,435	(172)	(313)	+82.0%	-22.5%

Net income	10-Q	-330	2,914	1,055	2,194	1,744	5,600	1,216	2,165	+78.0%	-1.3%

EPS (diluted)	NOT DISCLOSED 10-Q	-$0.36	—	$1.12	$2.31	$1.84	—	$1.28	$2.27	+77.3%	-1.7%

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SELECTED · GROSS PROFIT · YoY BRIDGE

FROM9,977 REVENUE+185 COST OF REVENUE-254 FX & OTHER-1 TO9,907

↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗