IBM market cap is $119.1 b, and annual revenue was $57.35 b in FY 2021

IBM Gross profit (Q1, 2022)7.3 B

IBM Gross profit margin (Q1, 2022), %51.7%

IBM Net income (Q1, 2022)733 M

IBM Cash, 31-Mar-20229.9 B

IBM EV166.7 B

IBM revenue was $57.35 b in FY, 2021

IBM revenue breakdown by business segment: 31.8% from Cloud and Cognitive Software, 22.0% from Global Business Services , 9.5% from Systems, 35.1% from Global Technology Services and 1.8% from Other

IBM revenue breakdown by geographic segment: 21.5% from Asia Pacific, 46.3% from Americas and 32.1% from Europe/Middle East/Africa

USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Revenue | 79.6b | 77.1b | 73.6b | 57.4b |

| 1% | (3%) | (5%) | |

## Cost of goods sold | 42.7b | 40.7b | 38.0b | 25.9b |

## Gross profit | 36.9b | 36.5b | 35.6b | 31.5b |

| 46% | 47% | 48% | 55% |

## R&D expense | 5.4b | 6.0b | 6.3b | 6.5b |

## General and administrative expense | 19.4b | 20.6b | 23.1b | 18.7b |

## Operating expense total | 24.7b | 26.6b | 29.4b | 25.2b |

## Interest expense | 723.0m | 1.3b | 1.3b | 1.2b |

## Interest income | 264.0m | 349.0m | 105.0m | 873.0m |

## Pre tax profit | 11.3b | 10.2b | 4.6b | 4.8b |

## Income tax expense | 2.6b | 731.0m | (864.0m) | 124.0m |

## Net Income | 8.7b | 9.4b | 5.6b | 5.7b |

## EPS | 9.5 | 10.6 | 6.2 | 6.4 |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 18.2b | 19.2b | 18.0b | 17.6b | 18.1b | 17.6b | 17.7b | 18.7b | 17.6b | 14.2b |

## Cost of goods sold | 10.1b | 10.2b | 9.7b | 9.6b | 9.4b | 9.1b | 9.5b | 9.7b | 9.4b | 6.9b |

## Gross profit | 8.0b | 9.0b | 8.3b | 7.9b | 8.7b | 8.4b | 8.2b | 9.0b | 8.2b | 7.3b |

| 44% | 47% | 46% | 45% | 48% | 48% | 46% | 48% | 46% | 52% |

## R&D expense | 1.4b | 1.4b | 1.6b | 1.6b | 1.6b | 1.5b | 1.6b | 1.7b | 1.6b | 1.7b |

## General and administrative expense | 4.7b | 5.5b | 5.0b | 6.0b | 5.2b | 4.6b | 5.2b | 5.3b | 4.9b | 4.6b |

## Operating expense total | 6.1b | 6.9b | 6.6b | 7.6b | 6.8b | 6.2b | 6.8b | 7.0b | 6.5b | 6.3b |

## Interest expense | 210.0m | 348.0m | 432.0m | 326.0m | 323.0m | 323.0m | 280.0m | 281.0m | 291.0m | 311.0m |

## Interest income | 70.0m | 167.0m | 63.0m | 51.0m | 23.0m | 15.0m | 14.0m | 11.0m | 14.0m | 17.0m |

## Pre tax profit | 1.9b | 2.8b | 1.5b | (49.0m) | 1.6b | 1.8b | 905.0m | 1.6b | 1.3b | 623.0m |

## Income tax expense | 289.0m | 269.0m | (151.0m) | (1.2b) | 209.0m | 128.0m | (51.0m) | 227.0m | 188.0m | (39.0m) |

## Net Income | 1.6b | 2.5b | 1.7b | 1.2b | 1.4b | 1.7b | 955.0m | 1.3b | 1.1b | 733.0m |

## EPS | 1.8 | 2.8 | 1.9 | 1.3 | 1.5 | 1.9 | 1.1 | 1.5 | 1.3 | 0.8 |

USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|

## Cash | 8.2b | 13.2b | 6.7b |

## Accounts Receivable | 7.9b | 7.1b | 6.8b |

## Prepaid Expenses | 2.1b | 2.2b | 3.5b |

## Inventories | 1.6b | 1.8b | 1.6b |

## Current Assets | 38.4b | 39.2b | 29.5b |

## PP&E | 10.0b | 10.0b | 20.1b |

## Goodwill | 58.2b | 59.6b | 55.6b |

## Total Assets | 152.2b | 156.0b | 132.0b |

## Accounts Payable | 4.9b | 4.9b | 4.0b |

## Short-term debt | 10.2b | 8.5b | 7.8b |

## Current Liabilities | 37.7b | 39.9b | 33.6b |

## Long-term debt | 58.0b | 57.9b | 47.4b |

## Non-Current Liabilities | 93.5b | 95.4b | 79.4b |

## Total Debt | 68.2b | 66.5b | 55.1b |

## Total Liabilities | 131.2b | 135.2b | 113.0b |

## Additional Paid-in Capital | 55.9b | 56.6b | 57.3b |

## Retained Earnings | 163.0b | 162.7b | 154.2b |

## Total Equity | 21.0b | 20.7b | 19.0b |

## Debt to Equity Ratio | 3.2 x | 3.2 x | 2.9 x |

## Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x |

## Financial Leverage | 7.3 x | 7.5 x | 6.9 x |

USD | FY, 2014 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Net Income | 12.0b | 9.4b | 5.6b | 5.7b |

## Depreciation and Amortization | 4.5b | 6.1b | 6.7b | 6.4b |

## Accounts Receivable | 1.3b | 502.0m | 5.3b | 1.4b |

## Inventories | (39.0m) | 67.0m | (209.0m) | 138.0m |

## Accounts Payable | (456.0m) | (503.0m) | 138.0m | 85.0m |

## Cash From Operating Activities | 16.9b | 14.8b | 18.2b | 12.8b |

## Purchases of PP&E | (3.7b) | (2.3b) | (2.6b) | (2.1b) |

## Cash From Investing Activities | (3.0b) | (26.9b) | (3.0b) | (6.0b) |

## Short-term Borrowings | (1.8b) | (2.6b) | 853.0m | (40.0m) |

## Long-term Borrowings | (4.6b) | (12.9b) | (13.4b) | (8.6b) |

## Dividends Paid | (4.3b) | (5.7b) | (5.8b) | (5.9b) |

## Cash From Financing Activities | (15.5b) | 9.0b | (9.7b) | (13.4b) |

## Net Change in Cash | (2.2b) | (3.3b) | 5.4b | (6.7b) |

## Interest Paid | 1.1b | 1.7b | 1.8b | 1.5b |

## Income Taxes Paid | 5.7b | 2.1b | 2.3b | 2.1b |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 1.6b | 4.1b | 5.8b | 1.2b | 2.5b | 4.2b | 955.0m | 2.3b | 3.4b | 733.0m |

## Depreciation and Amortization | 1.4b | 2.7b | 4.4b | 1.6b | 3.3b | 5.0b | 1.7b | 3.4b | 5.0b | 1.3b |

## Cash From Operating Activities | 4.8b | 7.7b | 11.3b | 4.5b | 8.1b | 12.3b | 4.9b | 7.5b | 10.3b | 3.2b |

## Purchases of PP&E | (539.0m) | (1.1b) | (1.7b) | (630.0m) | (1.2b) | (1.9b) | (494.0m) | (1.1b) | (1.6b) | (281.0m) |

## Cash From Investing Activities | (853.0m) | 3.3b | (27.1b) | (902.0m) | (2.1b) | (2.5b) | (2.0b) | (4.7b) | (5.3b) | (1.4b) |

## Short-term Borrowings | 21.0m | (307.0m) | (21.4b) | 586.0m | (449.0m) | (467.0m) | (89.0m) | (68.0m) | 840.0m | (8.0m) |

## Long-term Borrowings | (1.8b) | (3.9b) | (8.9b) | (5.3b) | (8.4b) | (8.8b) | (4.3b) | (6.0b) | (7.3b) | (1.1b) |

## Dividends Paid | (1.4b) | (2.8b) | (4.3b) | (1.4b) | (2.9b) | (4.3b) | (1.5b) | (2.9b) | (4.4b) | (1.5b) |

## Cash From Financing Activities | 1.9b | 22.9b | 14.7b | (115.0m) | (1.7b) | (3.4b) | (5.8b) | (8.9b) | (10.7b) | 1.4b |

## Net Change in Cash | 5.7b | 33.9b | (1.4b) | 3.1b | 3.9b | 6.2b | (3.0b) | (6.1b) | (5.9b) | 3.3b |

USD | FY, 2014 |
---|

IBM's Backlog was reported to be $99.8b in Q3, 2021.

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 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Patents Issued Yearly | 7.53 k | 7.36 k | 8.09 k | 9.04 k | 9.1 k | 9.26 k | ||||||||||||||||||||

## Data Centers | 46 | 46 | 50 | 58 | ||||||||||||||||||||||

## Countries | 175 | 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 | $128.4 b | $120.7 b | $118.7 b | $116.4 b | $118.3 b | $119.3 b | $121 b | $121 b | $121.3 b | $116.5 b | $112.8 b | $116 b | $116.1 b | $111.6 b | $111.2 b | $107.6 b | $112.4 b | $112.4 b | $107.8 b | $107.1 b | $108 b | $110.8 b | $104.8 b | $103.7 b | $99.8 b | |

## Countries (IBM Security) | 130 | |||||||||||||||||||||||||

## Data (IBM X-Force Exchange), terabytes | 700 | |||||||||||||||||||||||||

## Enterprise Customers (Hybrid Cloud and AI) | 4.6 k | |||||||||||||||||||||||||

## 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) | 1.6 k | |||||||||||||||||||||||||

## Patents Issued Yearly (Cybersecurity) | 1.4 k | |||||||||||||||||||||||||

## Patents Issued Yearly(Cloud-Technology) | 1.9 k | |||||||||||||||||||||||||

## Patents to Date | 97.04 k | |||||||||||||||||||||||||

## Quantum Experiments(IBM Q Experience) | 2.5 m | |||||||||||||||||||||||||

## Signings | $44.65 b | $7.91 b | $10.89 b | $10.39 b | $13.7 b | $42.87 b | $9.31 b | $11.53 b | $8.03 b | $15.8 b | $44.7 b | $7.64 b | $9.7 b | $9.07 b | $14.4 b | $40.74 b | $8.93 b | $8.2 b | $9.53 b | $38.77 b | $6.73 b | $9.18 b | $8.42 b | |||

## Transactions (IBM Z) | 8 t | |||||||||||||||||||||||||

## Transactions per Day (IBM Z) | 12.5 b | 30 b | ||||||||||||||||||||||||

## Users (IBM Q Experience) | 75 k | 75 k | ||||||||||||||||||||||||

## Users (Watson Health) | 100 k |

- Source: VentureBeat, Company Filings

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

Black (USA), percent | 14.7% | 14.9% | 15.1% |

Asian (USA), percent | 40.4% | 40.2% | 39.4% |

Hispanic (USA), percent | 13.5% | 13.2% | 13.1% |

Underrepresented Minorities (USA), percent | 29.3% | 29.2% | 29.6% |

Other | 2.1% | 2.4% | 2.7% |

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

Male (New Hires), percent | 20.6% | 18.3% | 20% |

Female (New Hires), percent | 12.8% | 11.7% | 13.3% |

Male (Management), percent | 23.7% | 21.5% | 24.2% |

Female (Management), percent | 9.7% | 8.6% | 9.2% |

Male, percent | 22% | 20% | 22.5% |

Female, percent | 11.3% | 10% | 10.9% |