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.

Intel

Tech companies have been an investor favorite during the pandemic. But Wall Street is keeping its distance from two industry stalwarts after their latest earnings reports.

Wall Street is keeping its distance from these tech industry stalwarts

International Business Machines (IBM) reported robust fourth-quarter 2020 results wherein it beat earnings estimates but missed on revenues.

ETFs in Focus Post Mixed IBM Q4 Earnings

IBM's Q4 results reflect softness across consulting and application management services. However, Cloud revenue growth driven by synergies from Red Hat acquisition, limited the decline in revenues.

IBM's Q4 Earnings Beat Estimates, Stock Down on Revenue Miss

IBM shares tumbled by 10.38% in early trading on Friday, after the computing giant's fourth-quarter earnings missed analysts' expectations. IBM on Thursday reported a 6.5% year on year fall in revenues in the fourth-quarter to $20.37 billion, below the $20.67 billion analysts polled by Refinitiv had expected. It was the fourth consecutive quarter of falling sales.

IBM tumbles 10% in early trading after it misses revenue estimates in 4th-quarter earnings

The shares of IBM (NYSE:IBM) are plummeting today, last seen down 9.7% at $118.92.

IBM Stock Reeling After Revenue Miss Yields Bear Note

Disappointing earnings from technology leaders are responsible for more than half of the Dow Jones Industrial Average's declines on Friday. International Business Machines Corp.'s stock tumbled $13.65, or 10.4%, in morning trading after the IBM reported late Thursday fourth-quarter results, in which adjusted profit beat expectations but revenue missed, with the price decline was shaving about 90 points off the Dow's price.

IBM, Intel stock selloffs slash more than 100 points off the Dow

This morning, the risk switch has flipped to “off” amid worries about valuations, coronavirus-related restrictions, and potentially watered down stimulus.

IBM, Intel Pressure Stocks Along With Worry About Stimulus, Coronavirus

Shareholders are hitting the exits after International Business Machines (IBM) posted another quarter of declining revenue.

IBM (IBM) Down Nearly 10% After Weak Quarter

The stock price of International Business Machines Corporation (NYSE:IBM) is down over 7% pre-market today. This is why it happened.

IBM Stock Price Falls Over 7% Pre-Market Today: Why It Happened

IBM Chief Executive Officer Arvind Krishna has proved he is no more competent to turn around what was once America's most prominent tech company than his disaster-prone predecessor Ginni Rometty, who went a long way toward wrecking it.

IBM Proves Again It Is America's Worst Big Tech Company

IBM shares tumbled by more than 7% in pre-market trading on Friday, after the computing giant's fourth-quarter earnings missed analysts' expectations. IBM on Thursday reported a 6.5% year on year fall in revenues in the fourth-quarter to $20.37 billion, below the $20.67 billion analysts polled by Refinitiv had expected. It was the fourth consecutive quarter of falling sales.

IBM tumbles 7% in pre-market trading after it misses revenue estimates in 4th-quarter earnings

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2020, for our investments, was a good year. We kept the cash from the Emera sale for emergency funds during the first lockdown when we weren't working.

2020 Portfolio Activity Summary And 2021 Target

International Business Machines Corporation's (IBM) CEO Arvind Krishna on Q4 2020 Results - Earnings Call Transcript

IBM (IBM) delivered earnings and revenue surprises of 16.29% and -1.10%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

IBM (IBM) Q4 Earnings Surpass Estimates

Shares of International Business Machines Corp. (NYSE:IBM) tumbled over 6% in aftermarket trading on Thursday on the heels of reporting annualized revenue decline of 6% for the fourth quarter of 2020, its fourth consecutive quarter of revenue decline.

IBM Sinks on 4th-Quarter Sales Decline

A couple of months ago at CNBC's Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM's $34 billion 2018 Red Hat acquisition to help customers manage a growing hybrid cloud world, while using artificial intelligence to […]

IBM transformation struggles continue with cloud and AI revenue down 4.5%

International Business Machines Corp. (NYSE: IBM) said on Thursday that its per-share earnings in the fiscal fourth quarter were better than expected. Revenue, it added, missed experts' forecast in Q4.

IBM's revenue slides 6% in the fiscal fourth quarter

While 2020 was an odd year, one thing remained the same: IBM earnings continued to shrink.

Earnings Results: IBM earnings and revenue continue to shrink ahead of major shakeup, stock falls 6%

Shares of IBM (NYSE:IBM) decreased 6.21% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 56.05% over the past year to $2.07, which beat the estimate of $1.79.

IBM: Q4 Earnings Insights

International Business Machines Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty.

IBM misses quarterly sales estimates, shares fall

IBM's revenue has fallen for four consecutive quarters, a familiar theme for the company.

IBM revenue slide continues in Q4 2020

ARMONK, N.Y.--(BUSINESS WIRE)---- $ibm #ibm--IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients' digital transformations while dealing with the broader uncertainty of the macro environment," said Arvind Krishna, IBM chairman and chief executive officer. "The actions we are taking to focus on hybrid cloud and AI will take hold, giving us confidence we can achieve revenue growth in 202

IBM Reports 2020 Fourth-Quarter and Full-Year Results

The first big week of earnings season continues after the close. You can keep up to date with what's upcoming and expected moves with the Options AI earnings calendar.

Intel And IBM Earnings After The Close, Expected Moves And Options Spread Trading

IBM investors will be listening for more details on the planned spinoff of the company's managed-infrastructure services business.

IBM Reports Earnings Tomorrow. Here's What to Expect.

Schlumberger

Earnings season rolled along Wednesday, following the closely watched earnings report from Netflix that carried the company's stock to a new 52-week high earlier in the morning.

News for IBM Stock (IBM)