Information technology company IBM delivered $60.5 billion in total revenue in 2022, with its hybrid cloud unit accounting for $22.4 billion of that sum.
- Still, sales growth stagnated at the end of 2022, and IBM said it would cut about 3,900 jobs.
- In May 2023, IBM said it would give $100 million to the University of Chicago and the University of Tokyo to aid in the building of a quantum-centric supercomputer within a decade.
- A longtime A.I. leader, IBM stepped into the current ChatGPT-inspired frenzy in May 2023 by unveiling Watsonx, a platform that offers tools for building A.I. models and access to pretrained models that can generate code and text.
Courtesy of IBM
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Armonk, N.Y.
Industry
Information Technology Services
CEO
Arvind Krishna
Website
Company Type
Public
Ticker
IBM
Revenues ($M)
$60,530
Profits ($M)
$1,639
Market Value ($M)
$118,913
Employees
303,100
Spun off Kyndryl Holdings (2022 rank: 225), Nov. 3, 2021. Market value as of March 31, 2023.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$60,530
-16.3%
Profits ($M)
$1,639
-71.5%
Assets ($M)
$127,243
-
Total Stockholder Equity ($M)
$21,944
-
Profit Ratios
Profit as % of Revenues
2.7%
Profits as % of Assets
1.3%
Profits as % of Stockholder Equity
7.5%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
1.80
EPS % Change (from 2021)
-71.7%
EPS % Change (5 year annual rate)
-21.8%
EPS % Change (10 year annual rate)
-18.8%
Total Return
Total Return to Investors (2022)
10.7%
Total Return to Investors (5 year, annualized)
4.1%
Total Return to Investors (10 year, annualized)
1.3%
IBM Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2022 | $72,344-1.7% | $5,7432.7% | $132,001 | $18,901 |
| 2021 | $73,620-4.6% | $5,590-40.7% | $155,971 | $20,597 |
| 2020 | $77,147-3.1% | $9,4318.1% | $152,186 | $20,841 |
| 2019 | $79,5910.6% | $8,72851.7% | $123,382 | $16,796 |
| 2018 | $79,139-1% | $5,753-51.5% | $125,356 | $17,594 |
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