Gross Profit for IBM (IBM)
According to IBM's latest reported financial statements, the company's current gross profit (TTM) is $40.64B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IBM
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$40.64B
YoY change
+13.0%
5Y CAGR
+5.4%
Peak year (2012)
$50.36B
Cumulative gross profit
$1.48T
Gross Profit history chart for IBM (IBM) from 1985 to 2025
Gross Profit history table for IBM (IBM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $40.19B | +13.0% | ||
| 2024 | $35.55B | +3.6% | ||
| 2023 | $34.30B | +4.9% | ||
| 2022 | $32.69B | +3.8% | ||
| 2021 | $31.49B | +2.0% | ||
| 2020 | $30.86B | -2.1% | ||
| 2019 | $31.53B | -14.6% | ||
| 2018 | $36.94B | -0.0% | ||
| 2017 | $36.94B | -4.1% | ||
| 2016 | $38.52B | -5.3% | ||
| 2015 | $40.68B | -12.3% | ||
| 2014 | $46.41B | -4.7% | ||
| 2013 | $48.68B | -3.3% | ||
| 2012 | $50.36B | +0.4% | ||
| 2011 | $50.14B | +9.0% | ||
| 2010 | $46.01B | +5.1% | ||
| 2009 | $43.78B | -4.1% | ||
| 2008 | $45.66B | +9.4% | ||
| 2007 | $41.73B | +9.0% | ||
| 2006 | $38.30B | +4.8% | ||
| 2005 | $36.53B | +2.7% | ||
| 2004 | $35.57B | +9.3% | ||
| 2003 | $32.55B | +7.5% | ||
| 2002 | $30.28B | -5.0% | ||
| 2001 | $31.89B | -1.7% | ||
| 2000 | $32.42B | +1.6% | ||
| 1999 | $31.93B | +3.4% | ||
| 1998 | $30.87B | +0.9% | ||
| 1997 | $30.61B | +9.3% | ||
| 1996 | $28.02B | -7.7% | ||
| 1995 | $30.37B | +20.1% | ||
| 1994 | $25.28B | +4.7% | ||
| 1993 | $24.15B | -18.0% | ||
| 1992 | $29.45B | -21.4% | ||
| 1991 | $37.47B | -11.9% | ||
| 1990 | $42.51B | +8.3% | ||
| 1989 | $39.25B | +3.5% | ||
| 1988 | $37.90B | +14.4% | ||
| 1987 | $33.13B | +4.0% | ||
| 1986 | $31.86B | +0.0% | ||
| 1985 | $31.85B | — |
Gross Profit values are taken from IBM's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for IBM (IBM) came in at $40.19B – grew 13.0% year-over-year.
IBM gross profit has grown for 5 consecutive years, with a +5.4% compound annual growth rate over 2020–2025 (5 years).
Between 2012 and 2025, IBM gross profit declined 20.2%, falling from $50.36B to $40.19B.
Across the available history, gross profit reached its high of $50.36B in 2012 and its low of $24.15B in 1993.
IBM (IBM) sits 6th of 8 Technology peers we track on this metric, against a peer median of $98.38B.
IBM Gross Profit by Year
IBM Gross Profit 2025: $40.19B
IBM gross profit in 2025 was $40.19B, grew 13.0% from 2024.
IBM Gross Profit 2024: $35.55B
IBM gross profit in 2024 was $35.55B, edged up 3.6% from 2023.
IBM Gross Profit 2023: $34.30B
IBM gross profit in 2023 was $34.30B, edged up 4.9% from 2022.
IBM Gross Profit 2022: $32.69B
IBM gross profit in 2022 was $32.69B, edged up 3.8% from 2021.
IBM Gross Profit 2021: $31.49B
IBM gross profit in 2021 was $31.49B.
See more financial history for IBM (IBM).
Sector peers — Gross Profit
Companies in the same sector as IBM, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is IBM's gross profit?
- Latest reported gross profit for IBM (IBM) is $40.64B (period ending March 31, 2026).
How has IBM gross profit changed year-over-year?
- IBM (IBM) gross profit changed +13.0% year-over-year on the latest annual filing.
What is the long-term growth rate of IBM gross profit?
- IBM (IBM) gross profit compound annual growth rate is +5.4% over the most recent 5 years available.
When did IBM gross profit hit its highest annual value?
- IBM gross profit reached its highest annual value of $50.36B in 2012.
What was IBM gross profit in 2024?
- IBM (IBM) gross profit in 2024 was $35.55B.
What was IBM gross profit in 2025?
- IBM (IBM) gross profit in 2025 was $40.19B.
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