| Stage | IBM | % of rev | KD | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $17.1B | 100.00% | $3.7B | 100.00% | IBM ×4.68 |
| Gross profit | $9.7B | 56.80% | $857M | 23.47% | IBM +33.3pp |
| Operating income | $3.0B | 17.48% | $186M | 5.09% | IBM +12.4pp |
| Pre-tax income | $2.5B | 14.60% | $112M | 3.07% | IBM +11.5pp |
| Net income | $2.2B | 12.80% | $59M | 1.62% | IBM +11.2pp |
| Stage | IBM | KD | Gap · A − B |
|---|---|---|---|
| Revenue | $17.1B100.00% | $3.7B100.00% | IBM ×4.68 |
| Gross profit | 56.80%$9.7B | 23.47%$857M | IBM +33.3pp |
| Operating income | 17.48%$3.0B | 5.09%$186M | IBM +12.4pp |
| Pre-tax income | 14.60%$2.5B | 3.07%$112M | IBM +11.5pp |
| Net income |
| 12.80%$2.2B |
| 1.62%$59M |
| IBM +11.2pp |