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 predicts commercial applications for quantum computing within the next 5 years as hardware continues to advance.

IBM quantum computing development roadmap envisions applications running 100 times faster

Specialized Hybrid Cloud Build Team co-creates advanced solutions with ecosystem partners; helps modernize and migrate workloads, and infuses AI into software ARMONK, N.Y., Feb. 4, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today unveiled its highly-specialized Hybrid Cloud Build Team to...

IBM Unveils Elite Hybrid Cloud Build Team Dedicated to Accelerating Modernization Across Partner Ecosystem

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ProShares S&P 500 Dividend Aristocrats ETF

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SPDR S&P 500 ETF Trust

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Exxon Mobil

Components of the S&P 500 that have paid steadily increasing dividends for at least 25 years have outperformed the broader market over time.

Dividend Aristocrat Performance: January 2021

IBM has a long and storied history as a dividend growth stock. However, revenue has declined significantly over the past 9 years.

IBM: 3 Reasons To Buy And 2 Reasons To Sell

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Microsoft

Apple

As lawmakers in Washington, D.C. threaten to break-up big tech companies, we look at four stocks that might benefit from such as move.

4 Tech Stocks That May Be Worth More in Pieces

Focus on talent, technology and partnerships can be key to thrive post-COVID-19 pandemic, according to insights from 3,000 CEOs ARMONK, N.Y., Feb. 2, 2021 /PRNewswire/ -- A new IBM (NYSE: IBM) Institute for Business Value (IBV) study revealed a top challenge for many surveyed CEOs over...

IBM Study: Employee Well-being is Major Priority for Many CEOs of High Performing Companies

International Business Machines has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $12.86B worth of stock held by ETFs

Why International Business Machines Is A Top 25 Dividend Giant

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5 Dow Stocks With the Highest Short Interest

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Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Value investing is not in vogue. But it may be time to reconsider, starting with these seven stocks selling at a discount.

7 Stocks Selling at a Discount As January Comes To An End

Forget where the tech giant has been. Focus on where it's going.

IBM Stock Had a Terrible Quarter: Here's Why It's Still a Buy

Investors in International Business Machines Corp. (NYSE: IBM) have become more desperate by the day as its recent earnings and those of Microsoft Corp.

Desperate IBM Investors Should Look to Director Michael Eskew

I bought shares in IBM and traded their options. I believe in the abilities of companies to change like McDonald's and Procter and Gamble.

I Am Throwing In The Towel On IBM And Other Dividend Growth Investors Should Do The Same

Just understand that patience will be necessary.

Investors Looking for Tech Dividends Might Want to Give IBM Stock Another Chance

Big Blue's long-awaited recovery still hasn't started.

Is IBM a Value Stock or a Value Trap?

IBM (NYSE: IBM) declares a regular quarterly cash dividend of $1.63/share, unchanged from previous.

IBM Declares Regular Quarterly $1.63 Dividend

A return to growth won't be enough on its own to change the narrative.

IBM Has a Lot to Prove in 2021

ARMONK, N.Y. and ZUG, Switzerland, Jan. 26, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and DIA announced today that DIA migrated its platform to IBM Cloud and is leveraging IBM Cloud Hyper Protect Services to manage how financial data is sourced, stored, processed and published. IBM Cloud Hyper...

DIA Leverages IBM Cloud and Confidential Computing to Help Secure its Decentralized Financial Information Platform

ARMONK, N.Y., Jan. 26, 2021 /PRNewswire/ -- Luminor Bank and IBM (NYSE:IBM) today announced a new five year agreement was signed in December under which IBM Services will support Luminor to help accelerate its digital transformation while continuously strengthening security and regulatory...

Luminor Bank Adopts IBM Cloud for Financial Services to Accelerate Digital Transformation

IBM's (IBM) hopes for a revenue rebound in 2021, which is intrinsically tied to its hybrid cloud and AI, according to a statement by its chairman Arvind Krishna:

IBM's Hopes Are in the Cloud

Shares of International Business Machines Corporation (NYSE: IBM) opened more than 8% lower on Friday after the company posted a fourth consecutive quarter of declining revenue on Thursday.  What Happened: For the fourth quarter, IBM reported adjusted earnings of $2.07 per share, beating the consensus Street estimate of $1.79.

After IBM's Mixed Q4, 3 Analysts On Whether 2021 Will Be A Turnaround Year

Option traders were expecting good news from the old-school tech giant, but a revenue miss shifted expected trading ranges lower.

Option Traders Sour on IBM Following Earnings Report

In trading on Friday, shares of International Business Machines were yielding above the 5% mark based on its quarterly dividend (annualized to $6.52), with the stock changing hands as low as $117.36 on the day.

International Business Machines Crosses Above 5% Yield Territory

Intuitive Surgical

The stock market gave up ground as the week drew toward a close.

Strong Earnings Aren't Enough in This Stock Market -- Just Look at These 2 Stocks

International Business Machines Corp. shares were headed for only their seventh double-digit percentage decline in nearly 50 years Friday, after a fourth-quarter earnings report gave little hope for change at the storied tech company.

The Ratings Game: IBM stocks heads for one of its worst days in Big Blue's long history as a public company

Intel

IBM (NYSE: IBM) shares are trading lower Friday after the company reported worse-than-expected fourth-quarter sales results. IBM sells infrastructure services (37% of revenue), software (29% of revenue), IT services (23% of revenue) and hardware (8% of revenues).

News for IBM Stock (IBM)