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IBM (IBM) stock price, revenue, and financials

IBM market cap is $105.1 b, and annual revenue was $77.15 b in FY 2019

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$105.1 B

IBM Mkt cap, 22-May-2020

$17.6 B

IBM Revenue Q1, 2020

IBM Gross profit (Q1, 2020)7.9 B

IBM Gross profit margin (Q1, 2020), %45.1%

IBM Net income (Q1, 2020)1.2 B

IBM EBIT (Q1, 2020)1.2 B

IBM Cash, 31-Mar-202011.2 B

IBM EV163.4 B

IBM Revenue

IBM revenue was $77.15 b in FY, 2019 which is a 3.1% year over year decrease from the previous period.

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IBM Revenue Breakdown

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IBM revenue breakdown by business segment: 34.6% from Global Technology Services, 31.6% from Cloud and Cognitive Software, 10.1% from Systems, 20.5% from Global Business Services and 3.2% from Other

IBM revenue breakdown by geographic segment: 51.9% from Other Countries, 36.8% from United States and 11.3% from Japan

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	79.9b	79.1b	79.6b	77.1b
Revenue growth, %	(2%)	(1%)	1%	(3%)
Cost of goods sold	41.6b	42.9b	42.7b	40.7b
Gross profit	38.3b	36.2b	36.9b	36.5b
Gross profit Margin, %	48%	46%	46%	47%
R&D expense	5.8b	5.8b	5.4b	6.0b
General and administrative expense	21.1b	20.1b	19.4b	20.6b
Operating expense total	26.8b	25.9b	24.7b	27.1b
Interest expense	630.0m	615.0m	723.0m	1.3b
Pre tax profit	12.3b	11.4b	11.3b	10.2b
Income tax expense	449.0m	5.6b	2.6b	731.0m
Net Income	11.9b	5.8b	8.7b	9.4b
EPS	12.4	6.1	9.5	10.6

Quarterly

USD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020
Revenue	18.2b	19.3b	19.2b	19.1b	20.0b	18.8b	18.2b	19.2b	18.0b	17.6b
Cost of goods sold	10.4b	10.5b	10.4b	10.8b	10.8b	10.0b	10.1b	10.2b	9.7b	9.6b
Gross profit	7.8b	8.8b	8.8b	8.2b	9.2b	8.8b	8.0b	9.0b	8.3b	7.9b
Gross profit Margin, %	43%	46%	46%	43%	46%	47%	44%	47%	46%	45%
R&D expense	1.5b	1.5b	1.3b	1.4b	1.4b	1.3b	1.4b	1.4b	1.6b	1.6b
General and administrative expense	5.2b	5.2b	4.6b	5.4b	4.9b	4.4b	4.7b	5.5b	5.0b	6.0b
Operating expense total	6.7b	6.6b	6.0b	6.9b	6.2b	5.8b	6.1b	6.9b	6.6b	6.7b
EBIT										1.2b
EBIT margin, %										7%
Interest expense	135.0m	147.0m	168.0m	165.0m	173.0m	191.0m	210.0m	348.0m	432.0m	326.0m
Pre tax profit	1.4b	2.4b	3.1b	1.1b	2.8b	3.0b	1.9b	2.8b	1.5b	(49.0m)
Income tax expense	(329.0m)	111.0m	339.0m	(540.0m)	373.0m	304.0m	289.0m	269.0m	(151.0m)	(1.2b)
Net Income	1.8b	2.3b	2.7b	1.7b	2.4b	2.7b	1.6b	2.5b	1.7b	1.2b

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Cash	7.8b	12.0b	11.4b	8.2b
Accounts Receivable	9.2b	8.9b	7.4b	7.9b
Prepaid Expenses	4.6b	3.9b	2.4b	2.1b
Inventories	1.6b	1.6b	1.7b	1.6b
Current Assets	43.9b	49.7b	49.1b	38.4b
PP&E	10.8b	11.1b	10.8b	10.0b
Goodwill	36.2b	36.8b	36.3b	58.2b
Total Assets	117.5b	125.4b	123.4b	152.2b
Accounts Payable	6.2b	6.5b	6.6b	4.9b
Short-term debt	7.5b	7.0b	10.2b	10.2b
Current Liabilities	36.3b	37.4b	38.2b	37.7b
Long-term debt	34.7b	39.8b	35.6b	58.0b
Non-Current Liabilities	62.8b	70.3b	68.2b	93.5b
Total Debt	42.2b	46.8b	45.8b	68.2b
Total Liabilities	99.1b	107.6b	106.5b	131.2b
Common Stock	53.9b	54.6b	55.2b	55.9b
Retained Earnings	152.8b	153.1b	159.2b	163.0b
Total Equity	18.4b	17.6b	16.9b	21.0b
Debt to Equity Ratio	2.3 x	2.7 x	2.7 x	3.2 x
Debt to Assets Ratio	0.4 x	0.4 x	0.4 x	0.4 x
Financial Leverage	6.4 x	7.1 x	7.3 x	7.3 x

Quarterly

USD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020
Cash	10.1b	11.7b	10.9b	11.9b	10.7b	11.6b	17.1b	45.4b	10.1b	11.2b
Accounts Receivable	8.4b	8.4b	8.2b	7.8b	7.4b	7.1b	7.0b	7.4b	6.8b	6.9b
Prepaid Expenses	4.7b	4.2b	4.4b	2.6b	2.4b	2.4b	2.5b	2.4b	2.5b	2.5b
Inventories	1.6b	1.6b	1.7b	1.8b	1.7b	1.9b	1.8b	1.7b	1.7b	1.8b
Current Assets	42.9b	45.0b	44.7b	49.1b	46.8b	48.3b	52.7b	77.5b	38.1b	38.9b
PP&E	10.9b	10.9b	11.1b	11.3b	11.0b	10.9b	10.7b	10.2b	10.1b	9.6b
Goodwill	36.3b	36.5b	36.8b	36.7b	36.5b	36.5b	36.3b	35.3b	58.0b	57.5b
Total Assets	117.5b	120.5b	121.6b	125.3b	121.6b	122.0b	130.9b	154.7b	149.6b	153.4b
Accounts Payable	5.3b	5.1b	5.4b	5.7b	5.5b	5.4b	5.7b	4.7b	4.0b	4.2b
Short-term debt	8.3b	8.1b	4.3b	6.0b	7.6b	10.9b	10.3b	15.9b	8.5b	13.0b
Current Liabilities	36.5b	36.0b	31.7b	35.7b	35.4b	36.8b	38.9b	42.4b	35.1b	40.7b
Long-term debt	34.4b	37.6b	41.3b	40.4b	37.9b	36.0b	39.7b	62.4b	61.6b	56.5b
Non-Current Liabilities	62.6b	66.0b	70.2b	71.3b	67.5b	65.2b	75.4b	94.5b	96.5b
Total Debt	42.8b	45.7b	45.6b	46.4b	45.5b	46.9b	39.7b	78.3b	57.8b	69.5b
Total Liabilities	99.0b	102.0b	101.9b	107.0b	103.0b	102.1b	114.3b	136.9b	131.5b	133.3b
Common Stock	54.1b	54.2b	54.4b	54.7b	54.8b	55.0b	55.3b	55.4b	55.8b
Additional Paid-in Capital										56.1b
Retained Earnings	153.3b	154.2b	155.6b	156.4b	157.3b	158.6b	159.4b	160.5b	160.7b	162.6b
Total Equity	18.4b	18.5b	19.8b	18.3b	18.6b	19.9b	16.6b	17.8b	18.1b	20.1b
Debt to Equity Ratio	2.3 x	2.5 x	2.3 x	2.5 x	2.4 x	2.4 x	2.4 x	4.4 x	3.2 x
Debt to Assets Ratio	0.4 x	0.4 x	0.4 x	0.4 x	0.4 x	0.4 x	0.3 x	0.5 x	0.4 x
Financial Leverage	6.4 x	6.5 x	6.2 x	6.8 x	6.5 x	6.1 x	7.9 x	8.7 x	8.3 x	7.6 x

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Net Income	11.9b	5.8b	8.7b	9.4b
Depreciation and Amortization	4.4b	4.5b	4.5b	6.1b
Accounts Receivable	712.0m	1.3b	1.0b	502.0m
Inventories	(14.0m)	18.0m	(127.0m)	67.0m
Accounts Payable	197.0m	47.0m	126.0m	(503.0m)
Cash From Operating Activities	17.0b	16.7b	15.2b	14.8b
Purchases of PP&E	(3.6b)	(3.2b)	(3.4b)	(2.3b)
Cash From Investing Activities	(11.0b)	(7.1b)	(4.9b)	(26.9b)
Short-term Borrowings	26.0m	620.0m	1.3b	(2.6b)
Long-term Borrowings	(6.4b)	(6.8b)	(8.5b)	(12.9b)
Dividends Paid	(5.3b)	(5.5b)	(5.7b)	(5.7b)
Cash From Financing Activities	(5.8b)	(6.4b)	(10.5b)	9.0b
Net Change in Cash	140.0m	4.1b	(630.0m)	(3.3b)
Interest Paid	1.2b	1.2b	1.4b	1.7b
Income Taxes Paid	1.1b	1.6b	1.7b	2.1b

Quarterly

USD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020
Net Income	1.8b	4.1b	6.8b	1.7b	4.1b	6.8b	1.6b	4.1b	5.8b	1.2b
Depreciation and Amortization	1.1b	2.2b	3.4b	1.1b	2.2b	3.4b	1.4b	2.7b	4.4b	1.6b
Cash From Operating Activities	4.0b	7.4b	11.0b	4.6b	6.9b	11.1b	4.8b	7.7b	11.3b	4.5b
Purchases of PP&E	(740.0m)	(1.4b)	(2.3b)	(870.0m)	(1.8b)	(2.6b)	(539.0m)	(1.1b)	(1.7b)	(630.0m)
Cash From Investing Activities	350.0m	(1.4b)	(3.3b)	(1.8b)	(2.4b)	(5.4b)	(853.0m)	3.3b	(27.1b)	(902.0m)
Short-term Borrowings	(880.0m)	(973.0m)	(794.0m)	412.0m	397.0m	376.0m	21.0m	(307.0m)	(21.4b)
Long-term Borrowings	(1.5b)	(2.1b)	(6.3b)	(3.3b)	(3.7b)	(4.2b)	(1.8b)	(3.9b)	(8.9b)	(5.3b)
Dividends Paid	(1.3b)	(2.7b)	(4.1b)	(1.4b)	(2.8b)	(4.2b)	(1.4b)	(2.8b)	(4.3b)	(1.4b)
Cash From Financing Activities	(2.1b)	(2.7b)	(5.5b)	(2.9b)	(5.4b)	(5.9b)	1.9b	22.9b	14.7b	(115.0m)
Net Change in Cash	2.3b	3.9b	3.1b	28.0m	(1.3b)	(503.0m)	5.7b	33.9b	(1.4b)	3.1b

USD	Y, 2020
EV/EBIT	138.9 x
EV/CFO	36.5 x
Financial Leverage	7.6 x

IBM's Backlog was reported to be $112.4b in FY, 2019.

	FY, 2014	FY, 2015	FY, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q4, 2017	FY, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q4, 2018	FY, 2018	Q1, 2019	Q2, 2019	Sep, 2019	Q3, 2019	Q4, 2019	FY, 2019
Patents Issued Yearly	7.53 k	7.36 k	8.09 k					9.04 k					9.10 k						9.26 k
Data Centers	46	46	50					58
Countries	175	175	175					175					175						175
Electronic Health Records (Watson Health Cloud )			100 m
Claims Records (Watson Health Cloud)			200 m
Images (Watson Health Cloud)			30 b
$100m+ Enterprise Customers (Services)													47
Active Networks Transforming (IBM Blockchain )													85
Backlog	$128.40 b	$120.70 b	$118.70 b	$116.40 b	$118.30 b	$119.30 b	$121 b	$121 b	$121.30 b	$116.50 b	$112.80 b	$116 b	$116.10 b	$111.60 b	$111.20 b		$107.60 b	$112.40 b	$112.40 b
Countries (IBM Security)													130
Data (IBM X-Force Exchange), terabytes			700
Enterprise Customers (IBM Security)			12 k										17 k
Enterprise Customers (IBM Watson IoT)			6 k
Enterprise Customers (Watson)								1 k					20 k
Enterprise Customers Projects (IBM Blockchain )			400										500
GitHub Commits (Cloud Kubernetes Service)																122
GitHub Contributions (Cloud Kubernetes Service)																155
GitHub Forks (Cloud Kubernetes Service)																184
GitHub Stars (Cloud Kubernetes Service)																13
Industries (Watson)													20
Industries (z14)													27
Managed Cybersecurity Events per Day			35 b					60 b					70 b
Managed Production Clusters (IBM Cloud Kubernetes Service)																14 k
New Contract (IBM Cloud)												16
New Enterprise Customers (z14)							14
Patents Issued Yearly (AI)													1.60 k
Patents Issued Yearly (Cybersecurity)													1.40 k
Patents Issued Yearly(Cloud-Technology)													1.90 k
Patents to Date			97.04 k
Quantum Experiments(IBM Q Experience)													2.50 m
Signings			$44.65 b	$7.91 b	$10.89 b	$10.39 b	$13.70 b	$42.87 b	$9.31 b	$11.53 b	$8.03 b	$15.80 b	$44.70 b	$7.64 b	$9.70 b		$9.07 b	$14.40 b	$40.74 b
Transactions (IBM Z)								8 t
Transactions per Day (IBM Z)								12.50 b					30 b
Users (IBM Q Experience)								75 k					75 k
Users (Watson Health)								100 k

Source: VentureBeat, Company Filings

	FY, 2018
Сorporate Сontributions (Other)	$9.80 m
Сorporate Сontributions (North America)	$139.10 m
Сorporate Сontributions (Latin America)	$35.80 m
Сorporate Сontributions (Human Services)	$16.60 m
Сorporate Сontributions (Health)	$11.10 m
Сorporate Сontributions (Europe, Middle East, Africa)	$140.10 m
Сorporate Сontributions (Environment)	$3.20 m
Сorporate Сontributions (Education)	$349.60 m
Сorporate Сontributions (Culture)	$2.50 m
Сorporate Сontributions (Asia Pacific)	$77.80 m
Сorporate Сontributions	$393 m
Volunteer Hours	1.30 m
Total Greenhouse Gas Emissions	1.38 m metric tons of carbon dioxide equivalent
Nonhazardous Waste Recycled	89.5%
Nonhazardous Waste Generated	34.50 k metric tons
Hazardous Waste Generated	1.76 k metric tons
Energy Used (Fuel and Other)	657 k MWh
Energy Used (Electricity)	4.01 m MWh
End-of-life Products Sent to Landfills	0.7%
Electricity Used from Renewable Energy Sources, percent	37.9%
Diversion Rate	96%
Cumulative Savings	53 k metric tons of carbon dioxide equivalent
Annual Energy Savings	151 k MWh