IBM (NYSE: IBM) net income
IBM reported a net profit of $10,593m for fiscal 2025, 75.9% more than in fiscal 2024 ($6,023m). Its net margin was 15.7%. Earnings per share were $11.36.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $10,593m | +75.9% | 15.7% | $11.36 |
| 2024 | $6,023m | −19.7% | 9.6% | $6.53 |
| 2023 | $7,502m | +357.7% | 12.1% | $8.23 |
| 2022 | $1,639m | −71.5% | 2.7% | $1.82 |
| 2021 | $5,743m | +2.7% | 10.0% | $6.41 |
| 2020 | $5,590m | −40.7% | 10.1% | $6.28 |
| 2019 | $9,431m | +8.1% | 16.3% | $10.63 |
| 2018 | $8,728m | +51.7% | 11.0% | $9.57 |
| 2017 | $5,753m | −51.5% | 7.3% | $6.17 |
| 2016 | $11,872m | — | 14.9% | $12.43 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of IBM
- How much did IBM earn in fiscal 2025?
- IBM reported a net profit of $10,593m for fiscal 2025. In fiscal 2024 it reported a net profit of $6,023m.
- What are the earnings per share of IBM?
- They were $11.36 in fiscal 2025, compared with $6.53 in fiscal 2024.
- What is the net margin of IBM?
- In fiscal 2025 its net profit was 15.7% of its revenue.
- What was the most profitable year for IBM?
- Of its last 10 fiscal years, fiscal 2016, with $11,872m.
- Where do the figures for IBM come from?
- From the annual report (Form 10-K) that IBM files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that IBM files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on IBM: the IBM page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of IBM by fiscal year, with the filing behind every figure: IBM dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.