INTERNATIONAL BUSINESS MACHINES CORP (IBM) › Cost of RevenueINTERNATIONAL BUSINESS MACHINES CORP (IBM) — Cost of RevenueAnnual figures by fiscal year, from SEC filings.2007: $57.06B2008: $57.97B2009: $51.97B2010: $53.86B2011: $56.78B2012: $52.51B2013: $49.68B2014: $46.39B2015: $41.06B2016: $41.40B2017: $42.20B2018: $42.66B2019: $26.18B2020: $24.31B2021: $25.86B2022: $27.84B2023: $27.56B2024: $27.20B2025: $28.24B$28.24B2007Cost of Revenue (USD)2025Fiscal YearCost of RevenueChange YoY2025$28.24B+3.8%2024$27.20B-1.3%2023$27.56B-1.0%2022$27.84B+7.6%2021$25.86B+6.4%2020$24.31B-7.1%2019$26.18B-38.6%2018$42.66B+1.1%2017$42.20B+1.9%2016$41.40B+0.8%2015$41.06B-11.5%2014$46.39B-6.6%2013$49.68B-5.4%2012$52.51B-7.5%2011$56.78B+5.4%2010$53.86B+3.6%2009$51.97B-10.3%2008$57.97B+1.6%2007$57.06B—Other metrics: RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share