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IBM (IBM) stock price, revenue, and financials

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

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+2.13(+1.6%)

$119.1 B

IBM Mkt cap, 12-May-2022

$14.2 B

IBM Revenue Q1, 2022

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

IBM revenue was $57.35 b in FY, 2021

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IBM Revenue Breakdown

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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

Annual

USD	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Revenue	79.6b	77.1b	73.6b	57.4b
Revenue growth, %	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
Gross profit Margin, %	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

Quarterly

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
Gross profit Margin, %	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

Annual

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

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Cash	17.1b	45.4b	10.1b	11.2b	12.0b	14.4b	10.5b	7.4b	7.5b	9.9b
Accounts Receivable	7.0b	7.4b	6.8b	6.9b	6.5b	6.1b	6.5b	6.8b	6.6b	6.0b
Prepaid Expenses	2.5b	2.4b	2.5b	2.5b	2.3b	2.2b	2.6b	2.8b	3.0b	3.5b
Inventories	1.8b	1.7b	1.7b	1.8b	1.9b	1.9b	1.8b	1.8b	1.9b	1.8b
Current Assets	52.7b	77.5b	38.1b	38.9b	40.0b	39.8b	34.0b	30.8b	30.0b	31.3b
PP&E	10.7b	10.2b	10.1b	9.6b	9.7b	10.0b	9.5b	9.4b	9.1b	20.0b
Goodwill	36.3b	35.3b	58.0b	57.5b	57.8b	58.4b	60.0b	61.6b	61.4b	56.1b
Total Assets	130.9b	154.7b	149.6b	153.4b	154.2b	154.1b	148.6b	146.8b	144.2b	133.3b
Accounts Payable	5.7b	4.7b	4.0b	4.2b	4.7b	4.0b	4.1b	4.2b	4.2b	3.5b
Short-term debt	10.3b	15.9b	8.5b	13.0b	10.6b	11.6b	6.6b	7.8b	8.9b	8.6b
Current Liabilities	38.9b	42.4b	35.1b	40.7b	38.4b	38.0b	36.5b	36.6b	35.8b	34.1b
Long-term debt	39.7b	62.4b	61.6b	56.5b	59.1b	58.8b	54.6b	52.0b	50.1b	48.9b
Non-Current Liabilities	75.4b	94.5b	96.5b	92.6b	95.1b	94.8b	90.6b	88.1b	86.0b	80.1b
Total Debt	39.7b	78.3b	57.8b	69.5b	69.8b	70.4b	61.2b	59.8b	59.0b	57.5b
Total Liabilities	114.3b	136.9b	131.5b	133.3b	133.5b	132.8b	127.1b	124.7b	121.9b	114.2b
Additional Paid-in Capital	55.3b	55.4b	55.8b	56.1b	56.1b	56.4b	56.8b	56.9b	57.2b	57.6b
Retained Earnings	159.4b	160.5b	160.7b	162.6b	162.6b	162.8b	162.2b	162.1b	161.7b	153.4b
Total Equity	16.6b	17.8b	18.1b	20.1b	20.7b	21.3b	21.5b	22.1b	22.4b	19.1b
Debt to Equity Ratio	2.4 x	4.4 x	3.2 x	3.5 x	3.4 x	3.3 x	2.8 x	2.7 x	2.6 x	3 x
Debt to Assets Ratio	0.3 x	0.5 x	0.4 x	0.5 x	0.5 x	0.5 x	0.4 x	0.4 x	0.4 x	0.4 x
Financial Leverage	7.9 x	8.7 x	8.3 x	7.6 x	7.5 x	7.2 x	6.9 x	6.7 x	6.5 x	7 x

Annual

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

Quarterly

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

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

Ethnicity

	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%

Source: ibmorg-public.s3.us-east.cloud-object-storage.appdomain.cloud, www.ibm.org, www.ibm.org

Gender

	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%