IBM Cost of Goods Sold 2010-2024 | IBM

IBM annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • IBM cost of goods sold for the quarter ending September 30, 2024 was $6.547B, a 2.72% decline year-over-year.
  • IBM cost of goods sold for the twelve months ending September 30, 2024 was $27.199B, a 1.11% decline year-over-year.
  • IBM annual cost of goods sold for 2023 was $27.56B, a 1.01% decline from 2022.
  • IBM annual cost of goods sold for 2022 was $27.842B, a 7.64% increase from 2021.
  • IBM annual cost of goods sold for 2021 was $25.865B, a 6.38% increase from 2020.
IBM Annual Cost of Goods Sold
(Millions of US $)
2023 $27,560
2022 $27,842
2021 $25,865
2020 $24,314
2019 $26,180
2018 $42,654
2017 $42,196
2016 $41,402
2015 $41,057
2014 $46,386
2013 $49,683
2012 $52,513
2011 $56,778
2010 $53,857
2009 $51,972
IBM Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $6,547
2024-06-30 $6,819
2024-03-31 $6,719
2023-12-31 $7,114
2023-09-30 $6,730
2023-06-30 $6,974
2023-03-31 $6,742
2022-12-31 $7,058
2022-09-30 $6,677
2022-06-30 $7,245
2022-03-31 $6,862
2021-12-31 $7,195
2021-09-30 $6,145
2021-06-30 $6,365
2021-03-31 $6,160
2020-12-31 $-3,888
2020-09-30 $9,130
2020-06-30 $9,424
2020-03-31 $9,648
2019-12-31 $-3,801
2019-09-30 $9,692
2019-06-30 $10,150
2019-03-31 $10,139
2018-12-31 $11,072
2018-09-30 $9,952
2018-06-30 $10,804
2018-03-31 $10,826
2017-12-31 $11,494
2017-09-30 $10,171
2017-06-30 $10,321
2017-03-31 $10,210
2016-12-31 $10,655
2016-09-30 $10,213
2016-06-30 $10,536
2016-03-31 $9,998
2015-12-31 $10,652
2015-09-30 $9,844
2015-06-30 $10,423
2015-03-31 $10,138
2014-12-31 $11,251
2014-09-30 $11,523
2014-06-30 $12,004
2014-03-31 $11,608
2013-12-31 $12,253
2013-09-30 $11,908
2013-06-30 $12,792
2013-03-31 $12,730
2012-12-31 $12,442
2012-09-30 $13,015
2012-06-30 $13,502
2012-03-31 $13,554
2011-12-31 $14,763
2011-09-30 $13,984
2011-06-30 $14,282
2011-03-31 $13,749
2010-12-31 $14,792
2010-09-30 $13,270
2010-06-30 $12,914
2010-03-31 $12,881
2009-12-31 $14,084
2009-09-30 $12,938
2009-06-30 $12,669
2009-03-31 $12,281
Sector Industry Market Cap Revenue
Computer and Technology Computers - Integrated Systems $197.615B $61.860B
IBM is an information technology (IT) company. IBM has been divided into two parts: IBM and Kyndryl. IBM is addressing the hybrid cloud and AI opportunity with a platform-centric approach focused on providing two primary sources of client value: technology and business expertise. IBM provides integrated solutions and products that leverage data, information technology, deep expertise in industries and business processes, trust and security, and a broad ecosystem of partners and alliances. Its hybrid cloud platform and AI technology and services capabilities support clients? digital transformations and help the company engage with its customers and employees in new ways. The company operates in five segments: software, consulting, infrastructure, financing, and others. IBM purchased all of Red Hat, Inc.'s outstanding stock. Red Hat is reported within the Software segment, in Hybrid Platform & Solutions.
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