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.

IBM is going through a lot of changes now that new leadership is at the helm. The company's most recent quarter exceeded analyst expectations. While we cannot anchor to IBM's troubled past, there isn't enough evidence yet of execution to turn bullish.

IBM: Still A Lot To Prove

SANTA CLARA, Calif. and PUNE, India, June 2, 2021 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced plans to expand its relationship with IBM (NYSE: IBM) to help fuel open hybrid cloud adoption, core IT modernization and digital transformation for customers across the enterprise.

Persistent Systems and IBM Deepen Collaboration to Accelerate Hybrid Cloud Adoption in the Enterprise

International Business Machines Corp (NYSE: IBM) announced it is creating the IBM Center for Government Cybersecurity at IBM's offices in downtown Washington DC to assist the federal agencies in addressing the cybersecurity threat issues. The move comes after multiple infrastructure hack, including SolarWinds Corp (NYSE: SWI) and the Colonial Pipeline, allegedly targeting government agencies.

IBM Commits Cybersecurity Center For US Federal Agencies

ARMONK, N.Y., June 2, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has selected six school districts to receive its IBM Education Security Preparedness Grant, which totals $3 million.

IBM Selects Six School Districts to Receive a Total of $3 Million in Education Security Preparedness Grants

WASHINGTON, June 2, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is creating the IBM Center for Government Cybersecurity, a collaborative environment focused on helping federal agencies address current and future cybersecurity threats. The center will facilitate events and learnings, drawing on IBM's cybersecurity expertise from delivering software and managed services to over 17,500 security customers globally.

IBM To Establish New Cybersecurity Center For US Federal Clients

Cisco Systems

Both tech veterans offer reasons to buy, but one is the superior investment right now.

Better Buy: Cisco Systems vs. IBM

Intel

Microsoft

Quantum computing is set to transform industries from healthcare to finance. These firms have what it takes to develop this new technology.

3 Quantum Computing Stocks to Watch

Alibaba

Nordstrom

Nikola

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Intel Corporation and Nordstrom among others.

AI Identifies Intel Corporation Among Today's Trending Stocks

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat Universal Base Image now available as a Verified Publisher image on Docker Hub.

Red Hat Brings Red Hat Universal Base Image to Docker Hub

Archer-Daniels-Midland Company

Aflac

Amcor Plc

Atmos Energy

Franklin Resources

Cardinal Health

Cincinnati Financial

Con Ed

Expeditors International of Washington

General Dynamics

Kimberly-Clark

Sherwin-Williams

Stanley Black & Decker

Stock valuations are in the clouds, but several Dividend Aristocrats can be had at cheaper prices than their blue-chip peers.

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American Tower

Every income investor should at least consider owning these fantastic dividend stocks.

2 Stocks With World-Class Dividends

International Business Machines Corporation (IBM) Management Presents at JPMorgan 49th Annual Global Technology, Media and Communications Conference (Transcript)

RALEIGH, N.C.--(BUSINESS WIRE)--With JBoss EAP to Azure, Red Hat is easing the shift to cloud and giving organizations greater choice and flexibility in how they plan for the future.

Red Hat Brings JBoss Enterprise Application Platform to Microsoft Azure, Easing Shift to the Cloud for Traditional Java Applications

Pitney Bowes

International Business Machines (IBM) recently announced that it will work with Pitney Bowes (PBI) to help the latter implement hybrid cloud computing across its operations and drive business growth.

IBM to Aid Pitney Bowes (PBI) In Deployment of Hybrid Cloud

General Motors

Hanesbrands

There are alternatives to expensive growth stocks and digital coins.

3 Value Stocks to Buy as Growth Stocks and Cryptocurrencies Crash

ARMONK, N.Y., May 20, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Pitney Bowes (NYSE: PBI) today announced an agreement under which IBM will deliver IT automation, machine learning and managed infrastructure services designed to help Pitney Bowes transform and embrace hybrid cloud computing to support its global business plan and goals.

Pitney Bowes Taps IBM for Global Hybrid Cloud Transformation

IBM (IBM) reported earnings 30 days ago. What's next for the stock?

IBM (IBM) Up 4.2% Since Last Earnings Report: Can It Continue?

International Business Machines Corp (NYSE: IBM) has acquired Waeg, a leading Salesforce.com Inc (NYSE: CRM) Consulting Partner in Europe, to extend its Salesforce services portfolio and drive IBM's hybrid cloud and AI strategy. The financial terms of the transaction were not disclosed.

IBM Acquires Europe's Waeg For Undisclosed Terms

Xerox

Benzinga's latest Stock Wars matches up two leaders in a major industry sector, with the goal of letting readers decide which company is the better investment. This week, the duel is between two old-school titans of the tech world: IBM (NYSE:IBM) and Xerox Holdings Corp (NYSE:XRX).

Stock Wars: IBM Vs. Xerox

IBM announced plans to buy Waeg, a consulting partner for Salesforce, to extend its hybrid cloud and artificial intelligence strategy.

IBM will buy Salesforce partner Waeg to boost hybrid cloud, AI strategy

IBM said on Tuesday it would buy Waeg, a consulting partner for Salesforce, in a deal that will extend its range of services and support its hybrid cloud and artificial intelligence strategy.

IBM to acquire Salesforce partner Waeg

ARMONK, N.Y., May 18, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced plans to acquire Waeg, a leading Salesforce Consulting Partner in Europe, to extend IBM's portfolio of Salesforce services and advance IBM's hybrid cloud and AI strategy.

IBM Acquires Waeg to Deepen Expertise Across the Salesforce Platform in Europe

Moderna

Netflix

Wells Fargo

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our artificial intelligence systems have identified IBM and Netflix among other trending stocks.

Artificial Intelligence Identifies IBM And Netflix Among Trending Stocks This Week

IBM has updated its open source web Accessibility Checker tool to make it easier to find and fix accessibility issues.

IBM upgrades web accessibility tool for finding and fixing issues

IBM's comeback remains nascent and speculative, but CEO Arvind Krishna is making good moves in AI and cloud software. The post Will 2021's ‘Digital Acceleration' Bring Back the Once Great IBM?

News for IBM Stock (IBM)