International Business Machines CorporationIBMNYSE
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Gross Profit Over Time
Profitability in line with historical norms
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Revenue minus cost of goods sold

Latest
$35.55B
Near historical average
Average (9y)
$34.95B
Historical baseline
Range
High:$40.68B
Low:$30.86B
CAGR
-1.5%
Modest growth trend
PeriodValueChange
2024$35.55B+3.6%
2023$34.30B+4.9%
2022$32.69B+3.8%
2021$31.49B+2.0%
2020$30.86B-2.1%
2019$31.53B-14.6%
2018$36.94B-0.0%
2017$36.94B-4.1%
2016$38.52B-5.3%
2015$40.68B-