Stock Analysis on Net
Stock Analysis on Net

International Business Machines Corp. (NYSE:IBM)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

International Business Machines Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Software 26,308 25,037 24,141 23,376 23,200
Consulting 19,985 19,107 17,844 16,162 16,634
Infrastructure 14,593 15,288 14,188 6,978 7,604
Financing 741 645 774 1,123 1,400
Other 233 453 403 169 948
Global Technology Services (discontinued) — — — 25,812 27,361
Revenue 61,860 60,530 57,350 73,620 77,147

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). International Business Machines Corp. revenue increased from 2021 to 2022 and from 2022 to 2023.