Revenue segments as reported by the company.

Software

Consulting

Infrastructure

Financing

Cloud & Cognitive Software

Global Business Services

Global Technology Services

Systems

Global Financing

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Intellectual property and custom development income

Other expense

Interest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure and modernize their environments. It includes all software, except operating system software reported in the Infrastructure segment. The Consulting segment provides capabilities in business transformation and technology implementation. Consulting designs and builds open, hybrid cloud architectures and optimizes key workflows and business processes with IBM and ecosystem partner technologies. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. Infrastructure also includes remanufacturing and remarketing of used equipment with a focus on sustainable recovery services. The Financing segment facilitates the acquisition of information technology systems, software and services through its financing solutions. The financing arrangements are predominantly for products or services that are critical to the end users’ business operations and support IBM’s hybrid cloud platform and AI strategy. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

IBM reports strong Q4 earnings, eyes revenue and margin growth

IBM's Q4 2022 performance showcased strong revenue growth and successful client collaborations, despite facing challenges from external factors impacting margins. The company is focused on seizing opportunities through strategic investments and guiding for continued revenue and margin improvements in 2023.

IBM reports solid Q1 results, focuses on hybrid cloud and AI for growth

IBM's Q1 performance reflects growth in revenue, driven by Software and Consulting, with a focus on hybrid cloud and AI. While facing challenges in lower revenue growth projections and pricing dynamics, IBM is optimistic about PTI improvements and cash flow. Opportunities lie in AI initiatives, currency impact, and strategic M&A moves.

IBM reports solid Q2 earnings, eyes growth through strategic AI

IBM's Q2 2023 performance was strong, with revenue growth, margin expansion, and robust free cash flow generation.
The company's strengths lie in its hybrid cloud and AI strategy, strategic collaborations, and focus on enterprise AI.
Challenges include regional AI maturity variations, pricing dynamics, acquisition alignment, and data privacy concerns.
Opportunities abound in IT optimization, international expansion, strategic acquisitions, and AI-driven productivity gains.

IBM reports solid Q3 growth driven by generative AI focus

IBM's Q3 2023 performance reflects strong financial growth, particularly in software and consulting revenue, supported by a focus on generative AI and strategic partnerships.
While challenges exist in deploying generative AI and sustaining growth in certain segments, IBM's financial stability and innovative approach position it well for future opportunities.
Opportunities lie in leveraging generative AI for revenue growth, enhancing client-specific solutions, and expanding market presence through strategic initiatives.
Overall, IBM's performance highlights resilience, adaptability, and a strategic vision for delivering value to enterprise clients in a competitive landscape.

IBM reports solid 2023 performance, eyes growth through AI and partnerships

IBM's strong financial performance in 2023, driven by software and consulting growth, sets the stage for continued success in 2024.
Strategic partnerships, AI initiatives, and cost-saving measures bolster IBM's competitive edge and financial resilience.
Challenges in sustaining growth and revenue recognition require careful management and strategic foresight.
Opportunities in AI, digital transformation, and strategic acquisitions position IBM for growth and market outperformance in 2024.

IBM reports strong Q1 performance driven by cloud and AI

IBM's Q1 2024 performance reflects strength in hybrid cloud and AI, with solid revenue and cash flow growth.
Despite challenges in consulting revenue and software growth targets, opportunities lie in global demand and strategic acquisitions.
Maintaining a balance between addressing challenges and leveraging strengths will be crucial for sustained growth.
IBM's disciplined M&A strategy and focus on innovation position the company for continued success in the software and cloud market.

IBM reports robust Q2 earnings, focuses on AI and hybrid cloud growth

IBM's Q2 2024 earnings call highlighted strong performance in software and infrastructure, with a focus on hybrid cloud and AI strategies. Despite challenges in the consulting segment, the company raised free cash flow expectations and remains disciplined in M&A. Opportunities lie in AI strategy, open-sourcing models, and Red Hat's growth in containerization and hybrid cloud solutions.

IBM reports robust Q3 earnings, focuses on AI solutions

IBM's Q3 earnings call highlighted strong software revenue growth, challenges in consulting and infrastructure, and a focus on enterprise AI solutions. Despite macroeconomic uncertainties, the company remains confident in its ability to drive revenue growth and maintain profitability. IBM's strategic partnerships and innovations position it well for future opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

The shares of IBM (NYSE: IBM) have received a price target of $155 by BMO Capital. These are the details.

IBM Stock: $155 Target From BMO Capital

PPG Industries

Steel Dynamics

With the first week of the June-quarter earnings season behind us, we are looking ahead to what the coming week has in store.

Earnings Previews: IBM, PPG, Steel Dynamics

Unanswered questions could make this the most important earnings report since Arvind Krishna became CEO in April 2020.

3 Things to Look for in IBM's Next Earnings Report

IBM's artificial intelligence was supposed to transform industries and generate riches for the company. Neither has panned out.

What Ever Happened to IBM's Watson?

IBM stock is worth $201.76 based on its first-quarter free cash flow margin and a 5.25% FCF yield. It could see returns of 21.6%.

IBM Is Worth up to 44% More Based on Its Huge Free Cash Flow

ARMONK, N.Y., July 15, 2021 /PRNewswire/ -- IBM (NYSE:IBM) and Canon, Inc. announced that, starting in July, the two companies will start a new collaboration to make high-quality digital video content creation more accessible with the use of volumetric video technology in entertainment and the arts through a joint go-to-market effort.

Canon, Inc. and IBM Launch Collaboration in Entertainment and the Arts in Japan

Con Ed

Enbridge

Altria

Philip Morris

The market keeps climbing to new highs, causing many investors to worry that no good bargains remain on Wall Street. Even with the market 30% overvalued, plenty of bargains are available, for any goal or risk profile, even among dividend aristocrats.

5 High-Yield Dividend Aristocrats That Could Double In 5 Years

International Business Machines Corp (NYSE: IBM) inked an agreement to acquire Madrid-based Bluetab Solutions Group, S.L. for undisclosed financial terms.

IBM To Acquire Bluetab For Undisclosed Sum To Drive Data, Hybrid Cloud Consulting Services

ARMONK, N.Y., July 15, 2021 /PRNewswire/ -- According to "Government Index for IT Modernization", a new study of current and former U.S. government IT decision makers,  commissioned by IBM (NYSE:  IBM ), nearly 70% of those surveyed view security risks as the top barrier when migrating to modern cloud platforms.

IBM Survey: Government IT Modernization Driven by Security Concerns

IBM is scheduled to report its fiscal Q2 2021 results on Monday, July 19. We expect IBM to marginally beat the consensus estimates for revenues and earnings.

IBM's Stock To Marginally Beat Consensus For Q2

IBM has acquired Bluetab, a global enterprise software and technical services company, for an undisclosed amount.

IBM acquires Bluetab to expand hybrid cloud service offerings

ARMONK, N.Y., July 15, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced an agreement to acquire Bluetab Solutions Group, S.L.

IBM to Acquire Bluetab to Expand Data and Hybrid Cloud Consulting Services in Europe and Latin America

IBM isn't back in growth mode yet, but its pending divestiture is promising.

Why IBM Stock Jumped 17% in the First Half of 2021

Intel

Microsoft

Keep an eye on these quantum computing stocks as each company leads the way in research and development within the industry. The post The 3 Best Quantum Computing Stocks to Buy appeared first on InvestorPlace.

The 3 Best Quantum Computing Stocks to Buy

Hybrid cloud is growing at 18% per year. Artificial Intelligence is going to infuse everything.

IBM: Hybrid Cloud Plus AI Will Be A Big Winner

After IBM President Jim Whitehurst resigned, investors should not buy IBM stock. A wait-and-see approach is preferable.

Be Cautious on IBM Stock Until After Whitehurst's Resignation Shakes Out

SPDR Dow Jones Industrial Average ETF

Dow Inc

Goldman Sachs

Johnson & Johnson

JPMorgan Chase & Co

Coca-Cola

UnitedHealth Group

With some blue-chip companies' earnings scheduled for the coming days, investors should closely monitor the movement of the Dow ETF and grab an opportunity that arises from a surge in any of the 30 stocks.

Dow ETF Set to Rise Further as Q2 Earnings Kick Off

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced Red Hat Advanced Cluster Management for Kubernetes 2.3, the latest version of the company's enterprise-grade Kubernetes management offering. Designed to provide greater flexibility for managing and scaling hybrid and multicloud environments in a unified and automated way, IT teams can now accelerate the management, security features and automation of their hybrid clouds with the

Red Hat Bolsters Hybrid Cloud Automation with Latest Version of Red Hat Advanced Cluster Management for Kubernetes

Atos SE (OTC: AEXAF) and International Business Machines Corp (NYSE: IBM) will build a new, highly advanced digital infrastructure for the Dutch Ministry of Defense. The financial terms of the transaction remain undisclosed.

Atos, IBM Partner To Build Digital Infrastructure For Dutch Ministry Of Defense

International Business Machines (IBM) announces that Vantiq is set to leverage IBM Edge Application Manager platform to help clients deploy, operate and manage endpoints throughout their operations.

IBM, Vantiq Collaborate to Deliver Edge Solutions at Scale

International Business Machines Corp (NYSE: IBM) announced plans to acquire a DevOps consultancy and enterprise Kubernetes certified service provider, BoxBoat Technologies. The financial terms of the transaction remain undisclosed.

IBM To Acquire Hybrid Cloud Consulting Firm BoxBoat Technologies For Undisclosed Sum

IBM says that it has acquired cloud services and containerized apps provider BoxBoat for an undisclosed sum.

IBM acquires container services provider BoxBoat

ARMONK, N.Y., July 8, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced plans to acquire BoxBoat Technologies, a premier DevOps consultancy and enterprise Kubernetes certified service provider.

IBM to Acquire Premier Hybrid Cloud Consulting Firm

New Infrastructure to become the Digital Backbone for the Dutch Ministry as Armed Forces Transforms into an Information-Driven Organization

Atos and IBM to Collaborate to Build a Secured Infrastructure for the Dutch Ministry of Defense

Chevron

LyondellBasell Industries

Verizon

Just last month, we were being warned that interest rates were ready to move meaningfully higher as inflation and the Federal Reserve were teaming up to end the massive low interest rate paradigm we have been stuck in for years.

News for IBM Stock (IBM)