ibm: the income statement

MyFinsight

For the quarter ending 2025-09-30, IBM made $16,331M in revenue. $1,744M in net income. Net profit margin of 10.68%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue	16,331	16,977	14,541	14,968
Technology Service	5,224	5,280	5,002	5,048
Product	1,637	1,630	1,404	1,404
Financial Service	109	90	104	95
Cost	6,970	7,001	6,510	6,548
Gross profit	9,360	9,977	8,031	8,420
Selling, general and administrative	4,748	5,027	4,886	4,911
Research and development	2,082	2,097	1,950	1,876
Intellectual property and custom development income	219	215	253	238
Other (income) and expense	-173	-39	-165	2,244
Interest expense	492	510	455	429
Total expense and other (income)	6,931	7,380	6,873	9,222
Income/(loss) from continuing operations before income taxes	2,430	2,597	1,158	-802
Provision for/(benefit from) income taxes	686	404	103	-485
Income/(loss) from continuing operations	1,744	2,193	1,054	-317
Income/(loss) from discontinued operations, net of tax	0	1	1	-13
Net income/(loss)	1,744	2,194	1,055	-330

Assuming dilution (in shares)	948,900,000	948,000,000	945,400,000	923,600,000
Basic (in shares)	933,900,000	930,800,000	928,000,000	923,600,000
Total (in dollars per share)	1.84	2.31	1.12	-0.36
Total (in dollars per share)	1.87	2.36	1.14	-0.36