IBM revenue 2024| Statista

Revenue of IBM worldwide from 1999 to 2024 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
2024	62.75
2023	61.86
2022	60.53
2021	57.35
2020	55.18
2019	57.71
2018	79.59
2017	79.14
2016	79.92
2015	81.74
2014	92.8
2013	99.75
2012	104.51
2011	106.92
2010	99.87
2009	95.76
2008	103.63
2007	98.79
2006	91.42
2005	91.13
2004	96.29
2003	89.13
2002	81.19
2001	83.07
2000	88.4
1999	87.55

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Release date

February 2025

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Region

Worldwide, United States

Survey time period

1999 to 2024

Supplementary notes

Revenue figures for 2020 and 2019 were revised to reflect discontinued operations in fiscal year 2021.

Citation formats

IBM generated over 62 billion U.S. dollars in revenue in 2024, an increase of around 1 billion U.S. dollars on the previous year. The firm's yearly revenue has trended downward over the past decade, having previously exceeded the 100 billion U.S. dollar mark. Despite this, the firm remains one of the most valuable technology brands in the world behind the likes of Apple ,Google, Amazon, and Microsoft.

IBM’s response to a shifting market

A tech giant since the nineties, IBM has faced struggles adjusting to changes in the marketplace. Recently the company has focused on what it terms “strategic imperatives”: getting rid of low-margin businesses and investing in high-margin businesses. At the end of 2018, for example, IBM sold IBM WebSphere Commerce to HCL Technologies for 1.8 billion U.S. dollars. IBM is still very profitable, although not at the level as between 2006 and 2012. Reflecting the changing demands of digital transformation, the largest source of IBM’s revenue for fiscal year 2020 now comes from its technology services and cloud platforms business segment, which specializes in helping organizations integrate their traditional infrastructure into a multicloud environment.