IBM Gross Profit 2010-2024 | IBM

IBM annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • IBM gross profit for the quarter ending September 30, 2024 was $8.421B, a 4.97% increase year-over-year.
  • IBM gross profit for the twelve months ending September 30, 2024 was $35.382B, a 5.1% increase year-over-year.
  • IBM annual gross profit for 2023 was $34.3B, a 4.93% increase from 2022.
  • IBM annual gross profit for 2022 was $32.688B, a 3.82% increase from 2021.
  • IBM annual gross profit for 2021 was $31.485B, a 2.01% increase from 2020.
IBM Annual Gross Profit
(Millions of US $)
2023 $34,300
2022 $32,688
2021 $31,485
2020 $30,865
2019 $31,534
2018 $36,937
2017 $36,943
2016 $38,517
2015 $40,684
2014 $46,407
2013 $48,684
2012 $50,361
2011 $50,138
2010 $46,013
2009 $43,786
IBM Quarterly Gross Profit
(Millions of US $)
2024-09-30 $8,421
2024-06-30 $8,951
2024-03-31 $7,743
2023-12-31 $10,267
2023-09-30 $8,022
2023-06-30 $8,501
2023-03-31 $7,510
2022-12-31 $9,633
2022-09-30 $7,430
2022-06-30 $8,290
2022-03-31 $7,335
2021-12-31 $9,499
2021-09-30 $7,106
2021-06-30 $7,853
2021-03-31 $7,027
2020-12-31 $5,813
2020-09-30 $8,430
2020-06-30 $8,699
2020-03-31 $7,923
2019-12-31 $6,144
2019-09-30 $8,336
2019-06-30 $9,011
2019-03-31 $8,043
2018-12-31 $10,688
2018-09-30 $8,804
2018-06-30 $9,199
2018-03-31 $8,246
2017-12-31 $11,048
2017-09-30 $8,982
2017-06-30 $8,968
2017-03-31 $7,945
2016-12-31 $11,116
2016-09-30 $9,013
2016-06-30 $9,702
2016-03-31 $8,686
2015-12-31 $11,406
2015-09-30 $9,436
2015-06-30 $10,390
2015-03-31 $9,452
2014-12-31 $12,862
2014-09-30 $10,874
2014-06-30 $12,043
2014-03-31 $10,628
2013-12-31 $14,444
2013-09-30 $11,430
2013-06-30 $12,132
2013-03-31 $10,678
2012-12-31 $15,229
2012-09-30 $11,732
2012-06-30 $12,281
2012-03-31 $11,119
2011-12-31 $14,723
2011-09-30 $12,173
2011-06-30 $12,384
2011-03-31 $10,858
2010-12-31 $14,226
2010-09-30 $11,001
2010-06-30 $10,810
2010-03-31 $9,976
2009-12-31 $13,147
2009-09-30 $10,628
2009-06-30 $10,581
2009-03-31 $9,430
Sector Industry Market Cap Revenue
Computer and Technology Computers - Integrated Systems $197.504B $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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