International Business Machines Corp.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|---|
| Revenue | $99.80B | $95.80B | $103.60B | $98.80B | $91.00B |
| Software | $22.90B | $22.50B | $22.10B | $21.00B | $18.80B |
| Consulting | $18.90B | $18.70B | $19.70B | $17.40B | $16.50B |
| Infrastructure | $52.20B | $51.50B | $56.30B | $54.20B | $51.80B |
| Financing | $2.30B | $2.90B | $2.70B | $3.30B | $3.90B |
| Cost of Revenue | $53.86B | $51.97B | $57.97B | $57.06B | — |
| Gross Profit | $46.01B | $43.79B | $45.66B | $41.73B | — |
| Gross Margin | 46.1% | 45.7% | 44.1% | 42.2% | — |
| Operating Expenses | |||||
| Research & Development | $6.03B | $5.82B | $6.34B | $6.15B | — |
| SG&A Expense | $21.84B | $20.95B | $23.39B | $22.06B | — |
| Operating Income | $20.09B | $18.54B | $17.39B | $15.10B | — |
| Operating Margin | 20.1% | 19.4% | 16.8% | 15.3% | — |
| Interest Expense | $368.0M | $402.0M | $673.0M | $611.0M | — |
| Pretax Income | $19.72B | $18.14B | $16.72B | $14.49B | — |
| Income Tax Expense | $4.89B | $4.71B | $4.38B | $4.07B | — |
| Net Income | $14.83B | $13.43B | $12.33B | $10.42B | — |
| Net Margin | 14.9% | 14.0% | 11.9% | 10.5% | — |
| EPS (Basic) | $11.69 | $10.12 | $9.02 | $7.27 | — |
| EPS (Diluted) | $11.52 | $10.01 | $8.89 | $7.15 | — |
| Shares Outstanding (Basic) | 1.27B | 1.33B | 1.37B | 1.43B | — |
| Shares Outstanding (Diluted) | 1.29B | 1.34B | 1.39B | 1.46B | — |
| Dividends Per Share | — | — | — | — | — |