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.

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For those who are put off by the extreme enthusiasm of this bull market, the usually reliable Dow Jones stocks offer much-needed balance. Here are seven to consider.

The 7 Best Dow Jones Stocks to Buy Now As You Ready for the Coming Year

IBM is cheap on a fundamental basis with an FCF yield close to 10% and a dividend yield above 5%. However, your investment returns depend on whether the current value destruction trend reverts.

Will IBM Finally Turn Green? We Are Tired Of The Red And Blue

CAMBRIDGE, Mass., Dec. 10, 2020 /PRNewswire/ -- IBM Security (NYSE: IBM) today announced new technology initiatives leveraging Amazon Web Services (AWS), designed to help clients simplify and extend their security visibility across AWS and hybrid cloud environments. The projects include...

IBM Collaborates with AWS on Security for Hybrid Cloud

Intercontinental Exchange

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Bitcoin has quietly turned into a hot hand this year, but three well-positioned blockchain stocks deserve investors' attention right now. The post 3 Blockchain Stocks To Buy Now For Technical Strength appeared first on InvestorPlace.

3 Blockchain Stocks To Buy Now For Technical Strength

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UnitedHealth Group

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration."- Dow Jones & Co. 30 Dow stocks represent nine of 11 sectors. Dow tracks utilities as a separate index and omits real estate. Broker top 10 target-estimated net gains ranged 11.05%-18.86% topped by MRK 12/7/20.

December Dogs Of The Dow Run Away

Kynikos Associates leader Jim Chanos (Trades, Portfolio) is a well-known short seller who has made a living by betting against fraudulent businesses. He is an expert in this field and teaches a class at the Yale School of Management about the history of financial fraud.

Jim Chanos Is Not a Fan of IBM

At its AI Summit, IBM announced a number of new machine learning-powered products and services across its portfolio of cloud services.

IBM announces new AI language, explainability, and automation services

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The successes and failures of America's largest public companies have been marked in many cases by the effects of the COVID-19 pandemic as much as anything else this year.

America's 5 Worst-Run Companies of 2020

International Business Machines Corporation (IBM) is working with Air Canada to assist in improving the latter's Aeroplan Loyalty Program.

IBM Teams Up with Air Canada to Boost Loyalty Program Experience

These stocks have been left behind this year, making them rare bargains in an expensive market.

3 Cheap Dow Stocks to Buy Now

Aaron's

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CVS Health

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These 7 cheap stocks span industry and have a great chance to appreciate in price next year. Click here for the metrics and reasoning.

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Hackers are going after companies that will likely play a role in the complex process of shipping COVID-19 vaccines around the world, IBM warned Thursday. Security analysts at the tech giant say they've uncovered a “global phishing campaign” launched in September by cyberattackers who likely want to get their hands on sensitive information about how.

Hackers going after COVID-19 vaccine distribution efforts, IBM warns

IBM analysts on Thursday said they discovered fraudulent emails impersonating a Chinese business executive targeting global Covid-19 vaccine supply chains.

IBM uncovers global email attack on Covid vaccine supply chain

ARMONK, N.Y. and MILAN, Dec. 3, 2020 /PRNewswire/ -- IBM (NYSE: IBM) and The Piaggio Group (PIA.MI), European leader and one of the main world players in the scooter and motorcycle market, also active in the field of robotics with the production of ground drones, have announced the...

Piaggio Group, Manufacturer of the Vespa Scooter, Selects IBM To Improve Interoperability and Efficiency at Its Global Plants

ARMONK, N.Y., Dec. 3, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has been contracted by global technology company, ABB, to help support its procurement digitization journey with the launch of SmartBuy, a newly designed end-to-end employee purchasing program that aims to...

IBM Helps Support ABB's Procurement Digitization with The Launch of SmartBuy: A New Program Using SAP® Ariba® Solutions

International Business Machines Corporation (IBM) Management Presents at Credit Suisse 24th Annual Technology Virtual Conference (Transcript)

CAMBRIDGE, Mass., Dec. 1, 2020 /PRNewswire/ -- IBM (NYSE: IBM) Security today announced that it was recognized as a leader in The Forrester Wave™: Security Analytics Platforms, Q4 2020 report. Released today, the report evaluated 11 of the top Security Analytic providers, with IBM ranking...

IBM Named a Leader in Security Analytics By Independent Research Firm

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Two new breakout stocks for Week 49 with better than 10% short-term upside potential. This past week two out of four stocks gained over 10% led by peak gains in RMED +20.3% and LMPX +13% closing above 10% with avg portfolio gains of +4.4%.

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ARMONK, N.Y., Nov. 30, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today announced a series of cloud services and technologies designed to help clients maintain the highest available level of cryptographic key encryption protection to help protect existing data in the cloud1 and prepare for...

IBM Cloud Delivers Quantum-Safe Cryptography and Hyper Protect Crypto Services to Help Protect Data in the Hybrid Era

International Business Machines Corporation's (IBM) Maximo offerings are leveraged by Autostrade per l'Italia Group for its civil infrastructure monitoring digital system.

IBM Maximo Powers Autostrade's Civil Infrastructure Monitoring

International Business Machines Corporation (IBM) is likely to eliminate 10,000 jobs across Europe, mostly at Legacy IT services unit, per a Bloomberg report.

IBM Reportedly Mulling 20% Workforce Reduction in Europe

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These tech stocks should do well no matter how the coronavirus pandemic pans out.

News for IBM Stock (IBM)