International Business Machines Corporation
Enterprise technologyFounded 1911- Updated June 2026
Reviewed by Swet Parvadiya
Last reviewed: June 2026
CorpDigest
International Business Machines Corporation
Annual Revenue
Last reviewed: 2026-06-03 · By Swet Parvadiya
FY2021 Revenue
$57.4B
▼ 22.1% vs FY2020 ($73.6B)
Net Income: $5.7B
Source: 10-K (post-Kyndryl)
International Business Machines Corporation reported $57.4B in revenue for fiscal year 2021. This represents a decline of 22.1% compared to the 2020 figure of $73.6B. In 2022, revenue increased to $60.5B.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $62.8B | $7.9B | +1.5% |
| FY2023 | $61.9B | $7.5B | +2.2% |
| FY2022 | $60.5B | $1.6B | +5.5% |
| FY2021 | $57.4B | $5.7B | -22.1% |
| FY2020 | $73.6B | $5.6B | -4.6% |
| FY2019 | $77.1B | $9.4B | -3.1% |
| FY2018 | $79.6B | $8.7B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.