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.

Shares of IBM (NYSE:IBM) rose after the company reported Q1 results. Quarterly Results Earnings per share were down 3.80% year over year to $1.77, which beat the estimate of $1.63.

Recap: IBM Q1 Earnings

IBM stock rises after quarterly earnings, revenue top estimates

IBM swung to revenue growth after four quarters of declines.

IBM rises as it returns to growth

The enterprise computing giant also reiterated its forecast that 2021 revenue will be up from 2020.

IBM's First-Quarter Earnings and Revenue Top Estimates

ARMONK, N.Y.--(BUSINESS WIRE)---- $IBM #IBM--IBM (NYSE: IBM) today announced first-quarter 2021 earnings results. “Strong performance this quarter in cloud, driven by increasing client adoption of our hybrid cloud platform, and growth in software and consulting enabled us to get off to a solid start for the year," said Arvind Krishna, IBM chairman and chief executive officer. "While we have more work to do, we are confident we can achieve full-year revenue growth and meet our adjusted free cash flow target i

IBM Reports 2021 First-Quarter Results

ASML Hld

NextEra Energy

Netflix

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Earnings reports arrive in bunches this week. Both the companies we profiled for Monday morning, Coca-Cola and Prologis, beat estimates on both the top and bottom lines.

Earnings Previews: ASML, IBM, Netflix, NextEra, Verizon

IBM reports Q1 earnings tonight after the close. Don't expect much sizzle for IBM stock, but some of what Big Blue says tonight matters for growth investors.

IBM Earnings Preview: What Growth Investors Can Learn From Big Blue

Intel

Silvergate Capital Corp

Snap

These five stocks are hitting different markets and are all reporting earnings this week. Investors need to keep an eye on them even if they don't have a position.

5 Stocks You Need to Know About This Week

IBM has lost in the mass market for cloud, and its AI efforts are incomplete. It will shrink further when it spins-out its services unit as Kyndryl.

IBM Stock May Limp Forever, but It's Never Going Back to the Top

Coca-Cola

M&T Bank

Tesla

United Continental Hlds

Some of the stocks that may grab investor focus today are: Wall Street expects Coca-Cola Co (NYSE: KO) to report quarterly earnings at $0.50 per share on revenue of $8.61 billion before the opening bell. Coca-Cola shares fell 0.2% to $53.60 in after-hours trading.

5 Stocks To Watch For April 19, 2021

International Business Machines' (IBM) first-quarter results are likely to benefit from healthy uptake of the company's hybrid cloud and AI offerings.

Ahead of IBM's Q1 Earnings: Hybrid Cloud & GBS in Focus

On Monday, April 19, IBM (NYSE:IBM) will release its latest earnings report. Benzinga's outlook for IBM is included in the following report.

A Preview Of IBM's Earnings

IBM is scheduled to report its fiscal Q1 2021 results on Monday, April 19. We expect IBM to beat the consensus estimates for revenues and earnings.

IBM Stock's Q1 Results To Beat Consensus?

International Business Machines' (IBM) first-quarter results are likely to gain from adoption of hybrid cloud, AI and blockchain solutions. Stiff competition in cloud space is a headwind.

IBM to Announce Q1 Earnings: What's in the Offing?

International Business Machines Corp (NYSE: IBM) inked an agreement to acquire Reggio Emilia, Italy's process mining software company myInvenio. The financial terms of the transaction were not disclosed.

IBM To Acquire myInvenio To Drive Business Automation Abilities

Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other  technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger role in providing […]

IBM acquires Italy's MyInvenio to integrate process mining directly into its suite of automation tools

IBM has acquired MyInvenio, an enterprise process automation startup based in Reggio Emilia, Italy, for an undisclosed sum.

IBM acquires business process automation startup MyInvenio

ARMONK, N.Y., April 15, 2021 /PRNewswire/ -- IBM (NYSE:IBM) today announced a definitive agreement to acquire myInvenio, a process mining software company based in Reggio Emilia, Italy.

IBM to Acquire myInvenio to help Organizations Use AI-powered Automation to Better Streamline Business Processes

IBM stock has gone nowhere over 5 years. IBM stock is down 12% in five years, but will rise 10% annually in next 5 using FCF yield analysis.

Don't Expect Much From IBM Stock Over the Next 5 Years

ARMONK, N.Y. and LONDON, April 14, 2021 /PRNewswire/ -- IBM [NYSE: IBM], Red Hat and Cobuilder today announced a global collaboration to co-develop OpenBuilt, a new platform designed to help securely connect fragmented construction industry supply chains.

IBM, Red Hat and Cobuilder Spearhead Development of OpenBuilt to Accelerate Digital Transformation across the Construction Industry with a Hybrid Cloud Approach

BlackBerry

On Tuesday, BlackBerry Ltd (NYSE:BB) and International Business Machines Corporation (NYSE:IBM) announced a new partnership where IBM has agreed to sell BlackBerry's BlackBerry Spark platform to governments and enterprises nationwide. Both stocks have recently retraced from new highs.

The Bull And Bear Case For BlackBerry And IBM

There's a new member in the pantheon of the worst-named companies in history. Introducing "Kyndryl."

IBM spinoff joins a long list of questionable corporate names

WATERLOO, ON, April 13, 2021 /PRNewswire/ -- Announced today, BlackBerry Limited (NYSE: BB; TSX: BB) and IBM (NYSE:IBM) have established a new partnership to bring BlackBerry's industry leading BlackBerry Spark® platform to organizations across Canada. IBM will resell BlackBerry's endpoint management, endpoint security and critical event management software, to enterprises and governments nationwide.

BlackBerry and IBM Canada Establish a New Partnership

RALEIGH, N.C.--(BUSINESS WIRE)--NEC's 5G core network solutions built on Red Hat OpenShift to help organizations across industries tackle innovative 5G applications and use cases.

Red Hat and NEC Corporation Collaborate to Drive Kubernetes-based 5G Adoption

ARMONK, N.Y., April 12, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Kyndryl will be the name of the new, independent company that will be created following the separation of its Managed Infrastructure Services business, which is expected to occur by the end of 2021.

News for IBM Stock (IBM)