TTM
$11.27B
YoY change
+2.5%
5Y CAGR
+17.2%
Peak year (2012)
$22.99B
Cumulative operating income
$444.42B
Operating Income history chart for IBM (IBM) from 1985 to 2025
Latest: $10.32B
Operating Income growth chart for IBM (IBM) from 1985 to 2025
Latest: +2.5%
Operating Income history table for IBM (IBM) from 1985 to 2025
| 2025 | $10.32B | +2.5% | +$251.00M | ||
| 2024 | $10.07B | +2.6% | +$253.00M | ||
| 2023 | $9.82B | +20.1% | +$1.65B | ||
| 2022 | $8.17B | +19.1% | +$1.31B | ||
| 2021 | $6.87B | +47.3% | +$2.20B | ||
| 2020 | $4.66B | -38.2% | −$2.88B | ||
| 2019 | $7.54B | -43.0% | −$5.68B | ||
| 2018 | $13.22B | +0.6% | +$78.00M | ||
| 2017 | $13.14B | -10.5% | −$1.54B | ||
| 2016 | $14.68B | -11.1% | −$1.83B | ||
| 2015 | $16.51B | -18.8% | −$3.83B | ||
| 2014 | $20.34B | -5.4% | −$1.16B | ||
| 2013 | $21.50B | -6.5% | −$1.49B | ||
| 2012 | $22.99B | +4.9% | +$1.07B | ||
| 2011 | $21.92B | +9.7% | +$1.94B | ||
| 2010 | $19.98B | +17.5% | +$2.97B | ||
| 2009 | $17.01B | +6.7% | +$1.07B | ||
| 2008 | $15.94B | +17.9% | +$2.42B | ||
| 2007 | $13.52B | +13.3% | +$1.59B | ||
| 2006 | $11.93B | +27.2% | +$2.55B | ||
| 2005 | $9.38B | -2.5% | −$240.00M | ||
| 2004 | $9.62B | +11.4% | +$984.00M | ||
| 2003 | $8.63B | +27.0% | +$1.84B | ||
| 2002 | $6.80B | -31.0% | −$3.06B | ||
| 2001 | $9.86B | -15.3% | −$1.78B | ||
| 2000 | $11.63B | -2.5% | −$293.00M | ||
| 1999 | $11.93B | +30.2% | +$2.76B | ||
| 1998 | $9.16B | +0.7% | +$66.00M | ||
| 1997 | $9.10B | +49.8% | +$3.02B | ||
| 1996 | $6.07B | -20.0% | −$1.52B | ||
| 1995 | $7.59B | +51.7% | +$2.59B | ||
| 1994 | $5.00B | +1525.0% | +$4.70B | ||
| 1993 | $308.00M | -91.0% | −$3.10B | ||
| 1992 | $3.41B | +261.6% | +$2.46B | ||
| 1991 | $942.00M | -91.5% | −$10.09B | ||
| 1990 | $11.03B | +60.0% | +$4.14B | ||
| 1989 | $6.89B | -21.2% | −$1.85B | ||
| 1988 | $8.75B | +13.0% | +$1.00B | ||
| 1987 | $7.74B | -1.5% | −$117.00M | ||
| 1986 | $7.86B | -30.0% | −$3.37B | ||
| 1985 | $11.23B | — | — |
- 2025$10.32B+2.5%
- 2024$10.07B+2.6%
- 2023$9.82B+20.1%
- 2022$8.17B+19.1%
- 2021$6.87B+47.3%
- 2020$4.66B-38.2%
- 2019$7.54B-43.0%
- 2018$13.22B+0.6%
- 2017$13.14B-10.5%
- 2016$14.68B-11.1%
- 2015$16.51B-18.8%
- 2014$20.34B-5.4%
- 2013$21.50B-6.5%
- 2012$22.99B+4.9%
- 2011$21.92B+9.7%
- 2010$19.98B+17.5%
- 2009$17.01B+6.7%
- 2008$15.94B+17.9%
- 2007$13.52B+13.3%
- 2006$11.93B+27.2%
- 2005$9.38B-2.5%
- 2004$9.62B+11.4%
- 2003$8.63B+27.0%
- 2002$6.80B-31.0%
- 2001$9.86B-15.3%
- 2000$11.63B-2.5%
- 1999$11.93B+30.2%
- 1998$9.16B+0.7%
- 1997$9.10B+49.8%
- 1996$6.07B-20.0%
- 1995$7.59B+51.7%
- 1994$5.00B+1525.0%
- 1993$308.00M-91.0%
- 1992$3.41B+261.6%
- 1991$942.00M-91.5%
- 1990$11.03B+60.0%
- 1989$6.89B-21.2%
- 1988$8.75B+13.0%
- 1987$7.74B-1.5%
- 1986$7.86B-30.0%
- 1985$11.23B—
Operating Income values are taken from IBM's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at IBM (IBM)
According to IBM's latest reported financial statements, the company's current operating income (TTM) is $11.27B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, IBM (IBM) reported operating income of $10.32B – edged up 2.5% year-over-year.
IBM operating income has grown for 5 consecutive years, with a +17.2% compound annual growth rate over 2020–2025 (5 years).
IBM operating income plunged from $22.99B in 2012 to $10.32B in 2025, a 55.1% drawdown.
$22.99B stands as the all-time-high annual operating income, posted in 2012, against a low of $308.00M during 1993.
IBM Operating Income by Year
IBM Operating Income 2025: $10.32B
IBM posted operating income of $10.32B in 2025, edged up 2.5% from 2024.
IBM Operating Income 2024: $10.07B
In 2024, IBM reported operating income of $10.07B, edged up 2.6% from 2023.
IBM Operating Income 2023: $9.82B
IBM operating income in 2023 was $9.82B, grew 20.1% from 2022.
IBM Operating Income 2022: $8.17B
2022's operating income for IBM came in at $8.17B, grew 19.1% from 2021.
IBM Operating Income 2021: $6.87B
IBM operating income in 2021 was $6.87B.
See more financial history for IBM (IBM).
Sector peers by Operating Income
Technology peers of IBM (IBM), ranked by their latest operating income
| $133.05B | |
| $130.39B | |
| $128.53B | |
| $63.06B | |
| $25.48B | |
| $13.16B | |
| $9.87B | |
| $3.69B |
- $133.05B
- $130.39B
- $128.53B
- $63.06B
- $25.48B
- $13.16B
- $9.87B
- $3.69B
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