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Net Income for IBM (IBM)

According to IBM's latest reported financial statements, the company's current net income (TTM) is $10.75B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

International Business Machines Corporation logo
IBM

IBM

TTM (last 4 quarters)

$10.75B

YoY change

+75.9%

5Y CAGR

+13.6%

Peak year (2012)

$16.60B

Cumulative net income

$298.11B

Net Income history chart for IBM (IBM) from 1985 to 2025

Net Income history table for IBM (IBM) from 1985 to 2025

Fiscal yearPeriod endedReportedNet IncomeYoY
2025$10.59B+75.9%
2024$6.02B-19.7%
2023$7.50B+357.4%
2022$1.64B-71.4%
2021$5.74B+2.7%
2020$5.59B-40.7%
2019$9.43B+8.1%
2018$8.73B+51.7%
2017$5.75B-51.5%
2016$11.87B-10.0%
2015$13.19B+9.7%
2014$12.02B-27.1%
2013$16.48B-0.7%
2012$16.60B+4.7%
2011$15.86B+6.9%
2010$14.83B+10.5%
2009$13.43B+8.8%
2008$12.33B+18.4%
2007$10.42B+9.8%
2006$9.49B+19.6%
2005$7.93B+6.1%
2004$7.48B+14.0%
2003$6.56B+83.2%
2002$3.58B-53.7%
2001$7.72B-4.6%
2000$8.09B+4.9%
1999$7.71B+21.9%
1998$6.33B+3.9%
1997$6.09B+12.2%
1996$5.43B+29.9%
1995$4.18B+38.3%
1994$3.02B-137.8%
1993-$7.99B+16.3%
1992-$6.87B+1117.2%
1991-$564.00M-109.4%
1990$6.02B+60.2%
1989$3.76B-31.6%
1988$5.49B+4.4%
1987$5.26B+9.8%
1986$4.79B-26.9%
1985$6.55B

Net Income 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

As of the 2025 fiscal year, IBM (IBM) reported net income of $10.59B – surged 75.9% year-over-year.

IBM net income has recorded the values shown across consecutive periods, with a +13.6% compound annual growth rate over 2020–2025 (5 years).

IBM net income plunged from $16.60B in 2012 to $10.59B in 2025, a 36.2% drawdown.

The dataset's maximum net income sits at $16.60B (2012); the minimum reading of -$7.99B dates to 1993.

IBM (IBM) sits 6th of 8 Technology peers we track on this metric, against a peer median of $62.48B.

IBM Net Income by Year

IBM Net Income 2025: $10.59B

IBM net income in 2025 was $10.59B, surged 75.9% from 2024.

IBM Net Income 2024: $6.02B

IBM net income in 2024 was $6.02B, declined 19.7% below 2023.

IBM Net Income 2023: $7.50B

IBM net income in 2023 was $7.50B, surged 357.4% from 2022.

IBM Net Income 2022: $1.64B

IBM net income in 2022 was $1.64B, plunged 71.4% below 2021.

IBM Net Income 2021: $5.74B

IBM net income in 2021 was $5.74B.

See more financial history for IBM (IBM).

Sector peers — Net Income

Companies in the same sector as IBM, ranked by their latest net income.

CompanyNet IncomeSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$1.74TTechnology
NVIDIA Corporation (NVDA)$120.07BTechnology
Apple Inc. (AAPL)$112.01BTechnology
Microsoft Corporation (MSFT)$101.83BTechnology
Broadcom Inc. (AVGO)$23.13BTechnology
ASML Holding N.V. (ASML)$9.61BTechnology
Micron Technology, Inc. (MU)$8.54BTechnology
Advanced Micro Devices, Inc. (AMD)$4.33BTechnology

Frequently asked questions

What is IBM's net income?

Latest reported net income for IBM (IBM) is $10.75B (period ending March 31, 2026).

How has IBM net income changed year-over-year?

IBM (IBM) net income changed +75.9% year-over-year on the latest annual filing.

What is the long-term growth rate of IBM net income?

IBM (IBM) net income compound annual growth rate is +13.6% over the most recent 5 years available.

When did IBM net income hit its highest annual value?

IBM net income reached its highest annual value of $16.60B in 2012.

What was IBM net income in 2024?

IBM (IBM) net income in 2024 was $6.02B.

What was IBM net income in 2025?

IBM (IBM) net income in 2025 was $10.59B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.