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.

As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month's announcement that the organization will be spinning out its infrastructure services business next year.

As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU

ROME, Nov. 25, 2020 /PRNewswire/ -- A new phase in the field of road network security and infrastructure monitoring is starting. ASPI Tech, IBM (NYSE: IBM) and Fincantieri NexTech announce that the new digital system for civil infrastructure monitoring, based on IBM Maximo, is now in...

Autostrade Tech, IBM and Fincantieri NexTech Deploy a New Artificial Intelligence and IoT-based System for Monitoring Autostrade per l'Italia Civil Infrastructure

Salesforce

Slack

IBM is reportedly planning to cut 10,000 jobs in Europe, and Salesforce is reportedly eyeing an acquisition of Slack.

Dow Jones Sinks Below 30,000; IBM to Cut Jobs; Salesforce Could Buy Slack

UK and German workers will reportedly bear the brunt of job cuts.

IBM to cut 10,000 European jobs ahead of sale, report says

In early October, International Business Machines Corp. (NYSE: IBM) announced that it would spin off its managed infrastructure services business into a separate company and focus the leaner company's attention on the hybrid cloud market.

IBM to Slash 10,000 Jobs in Europe

Tech giant IBM is planning to cut about 10,000 jobs in Europe, Bloomberg reported Wednesday. The cuts will affect around 1 in 5 staff in the region, sources close to the matter told the publication.

IBM plans to cut around 10,000 jobs in Europe. The UK and Germany will be most affected.

American Express

Boeing

Chevron

SPDR Dow Jones Industrial Average ETF

Disney

Goldman Sachs

Wall Street seemed super-excited as the Dow Jones reached 30,000 for the first time in history on Nov 24.

Dow Hits 30K for First Time: 7 Stocks Driving the ETF Rally

Oracle

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 300 investors on whether shares of Oracle (NYSE: ORCL) or IBM (NYSE: IBM) stock would grow the most by 2025.

Will Oracle Or IBM Stock Grow More By 2025?

Enterprise Products Partners

Johnson & Johnson

Lockheed Martin

McDonald's

Merck

Realty Income Corp

Shaw Communications

STAG Industrial

Exxon Mobil

From May to July, Kiplinger Today listed five sets of dividend stocks sorted as favorites, super-safe, durable, centenarian, and MoPays. Those five "outstanding dividend" articles revealed 56 dividend equities. Kiplinger article titles were, 'Dividend15: Our Favorites'; 15 Super-Safe Dividends'; '7 Durable Distributions'; '13 100+ Year Dividends'; and '11 Monthly-Pay Stocks/Funds.'

Of 56 Kiplinger Outstanding Dividend Stocks, 11 Show Sweetness For December

Alibaba

Baidu

AT&T

The quantum computing market is forecast to reach $2.2 billion by 2026, according to IQT Research. These four companies are leaders in the research and commercialization of quantum computers.

4 Quantum Computing Stocks Fueling World-Disrupting Technology

Citigroup

Caterpillar

Ford Motor Company

Intel

Unum

Value stocks have been out of favor since the last recession. If they undergo a renaissance, these stocks have the right factors to rise.

7 Value Stocks That May Come Back into Style After the Pandemic

IBM (NYSE: IBM) shares are advancing this November but the price is still not able to surpass $120 resistance level. IBM is expanding its business and the company has declared a $1.63/share quarterly dividend in October.

IBM shares are down 12.7% YTD. Should I invest?

IBM researchers claim to have developed machine learning algorithms that can improve neonatal outcomes and predict Type 1 diabetes onset.

IBM claims its AI can improve neonatal outcomes and predict the onset of Type 1 diabetes

International Business Machines Corporation (IBM) is focused on expanding its hybrid cloud business, as it anticipates enormous revenue-generating potential.

IBM Focuses on AI & Cloud, Announces Instana Acquisition

ARMONK, N.Y., Nov. 19, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today announced an expansion of the company's IBM Z skills initiatives to include a new nationwide IT Infrastructure apprenticeship accelerator program – establishing an onramp for IBM Z Ecosystem clients looking to hire new...

IBM Announces New Collar Apprenticeship Accelerator for IBM Z

The company says it will acquire Instana, after announcing on Monday it would buy TruQua.

IBM Announces Its Second Cloud-Related Acquisition This Week

As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced  its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price.

IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

Just over a month ago, International Business Machines Corp. (NYSE: IBM) announced that it would spin off its infrastructure services business while focusing attention on its open hybrid cloud platform and AI capabilities.

IBM Buys Cloud Performance Monitoring Firm Instana, the Second Acquisition This Week

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

Why Is IBM (IBM) Up 0.3% Since Last Earnings Report?

IBM will acquire Instana, an app performance monitoring platform that uses an agent-based approach to detecting performance issues.

IBM acquires Instana for its AI-powered app performance monitoring

MONTREAL--(BUSINESS WIRE)--KaloomTM today announced it has committed to join IBM's (NYSE: IBM) ecosystem of partners supporting the new IBM Cloud for Telecommunications. The IBM Cloud for Telecommunications is an open, hybrid cloud architecture designed to accelerate business transformation with the power of edge and 5G and address the unique requirements of operators, partner ecosystems and their enterprise clients. Built on IBM Cloud Satellite, currently in beta, and leveraging Red Hat OpenSh

Kaloom Commits to Join IBM Cloud for Telecommunications Ecosystem

IBM Corporation (NYSE: IBM) has secured a "Gaming consensus protocol for Blockchain" patent, signaling blockchain technology's potential use in online games. According to CoinDesk, the patent awarded last week could be used in massively multiplayer online (MMO) games.

IBM Scores Patent For Blockchain Use In MMO Gaming

How have other tech spin-offs performed? How might the spin-off benefit IBM itself?

IBM: Breaking Up Is Easy To Do

TruQua should enhance IBM's hybrid cloud presence in finance and analytics.

TruQua to Become IBM's Latest Cloud-Related Acquisition

Broadcom

Lumen Technologies

These three companies thread the needle between dividends and big technology growth trends.

News for IBM Stock (IBM)