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 is taking a unique approach to be successful in an increasingly crowded cloud industry.

3 Things IBM Wants You to Know About Its Cloud Strategy

AMTD International Inc

Franklin Resources

Cisco Systems

DTE Energy

JPMorgan Chase & Co

PepsiCo

Travelers

U.S. Bancorp

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration.

10 Dividend Growth Stocks For September 2020

Some hope arose among the investors in International Business Machines Corp. (NYSE: IBM) when long-time, failed CEO Virginia Marie “Ginni” Rometty stepped down in January in favor of Arvind Krishna.

IBM Remains America’s Worst Big Tech Company

ARMONK, N.Y., Sept. 17, 2020 /PRNewswire/ -- With COVID-19 causing uncertainty about voting logistics and procedures across the country, IBM (NYSE: IBM) has technology to help states use the AI capabilities of Watson to put this critical data and information directly into the hands of.

IBM Watson Assistant Can Help States Deliver Critical Voting Information to Citizens

ARMONK, N.Y., Sept. 17, 2020 /PRNewswire/ -- Today, IBM (NYSE: IBM) is announcing its first IBM Quantum education and research initiative for Historically Black Colleges and Universities (HBCU), aimed at driving a diverse and inclusive quantum workforce.

IBM Establishes First Quantum Education and Research Initiative for Historically Black Colleges and Universities

BOSTON--(BUSINESS WIRE)--Astadia announces a partnership with Google Cloud (NASDAQ:GOOGL) to help clients who are operating UNISYS (NYSE:UIS) and IBM (NYSE:IBM) mainframes to modernize those legacy systems and migrate them to Google Cloud Platform (GCP). “GCP provides world-class security and scalability, making it an ideal choice for mainframe workloads being migrated to the cloud,” said Scott G.

Astadia Announces Partnership With Google Cloud for Mainframe Migration to Google Cloud Platform

Big Blue's quantum computer will get more than 1,000 qubits in three years, and the company expects machines with more than a million qubits after that.

IBM promises steady quantum computing progress through 2023

IBM today, for the first time, published its road map for the future of its quantum computing hardware. There is a lot to digest here, but the most important news in the short term is that the company believes it is on its way to building a quantum processor with more than 1,000 qubits — […]

IBM publishes its quantum roadmap, says it will have a 1,000-qubit machine in 2023

International Business Machines (IBM) unveils Trade Assistant feature for ESPN Fantasy Football app to help participants add and offload players and balance the risk-reward of the team.

IBM to Leverage Watson, Enhance Fantasy Football Experience

NEW YORK, Sept. 14, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today announced the launch of Watson Advertising Weather Targeting, a new suite of triggers designed for marketers to help them make the connection between weather and product sales actionable at scale without the use of third-party.

IBM Joins Forces With Nielsen Global Consumer Business To Expand Data Targeting Offerings For Marketers

Automatic Data Processing

Broadcom

Oracle

QUALCOMM

6 Attractively-Valued Tech Stocks To Consider During The Tech Wreck

Big Blue believes the technology could be employed for nefarious purposes.

IBM Lobbies U.S. for Export Controls on Facial Recognition

IBM Corp said on Friday the U.S. Commerce Department should adopt new controls to limit the export of facial recognition systems to repressive regimes that can be used to commit human rights violations.

IBM says U.S. should adopt new export controls on facial recognition systems

GENEVA, Sept. 11, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today joined over 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).

IBM Joins World Business Council for Sustainable Development to Help Accelerate the Transition to a Sustainable World

In the latest trading session, IBM (IBM) closed at $120.56, marking a -1.39% move from the previous day.

IBM (IBM) Stock Moves -1.39%: What You Should Know

ARMONK, N.Y., Sept. 10, 2020 /PRNewswire/ -- Today, IBM (NYSE: IBM) and ESPN announced Trade Assistant with IBM Watson, a new feature to the ESPN Fantasy Football app designed to help fantasy football players make more informed, fair trades throughout the 2020 season.

IBM and ESPN Announce New Feature in Fantasy Football App That Uses Artificial Intelligence from IBM Watson To Create Fair Trades

Schlumberger

International Business Machines Corporation's (IBM) will utilize its Red Hat OpenShift solutions to help oil giant Schlumberger accelerate digital transformation.

IBM Partners With Schlumberger for Hybrid Cloud Deployment

AbbVie

Chevron

Altria

Philip Morris

AT&T

Walgreens

Just as in the story of the tortoise and the hare, value investors likely believe that slow and steady will win the race.

8 Overlooked Companies That Keep Raising Dividends Ever Higher

Dell Technologies

Hewlett Packard

Lenovo Group Ltd

Atlassian

Zoom Video

Server vendors are gaining from increased investments in data centers and the communications infrastructure market as enterprises are shifting operations to homes due to the pandemic.

Server Vendors Gain on Coronavirus-Led Demand for Cloud Services

Big Blue's Red Hat subsidiary will help the energy services veteran deploy and manage its data analytics tools with the help of OpenShift containers.

IBM Signs Hybrid Cloud Deal With Energy Giant Schlumberger

Church & Dwight

Clorox

Flowers Foods

Home Depot

Lam Research

McCormick

Shift To Value And Supercharge Your Income: 5 Overvalued Dividend Stocks Vs. 5 High-Quality Alternatives

Schlumberger, IBM and Red Hat, announced today a major collaboration to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger’s leading exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.

Schlumberger, IBM and Red Hat Announce Major Hybrid Cloud Collaboration for the Energy Industry

IBM's next big bet is ... the oil industry.

Here's how IBM plans to make the oil and gas industry smarter

Arrow Financial

Chubb

Con Ed

Essex Property Trust

National Fuel Gas

Sanofi

Sonoco Products

Sensient Technologies

TC Energy

Volatility is back, with stocks selling off 4.3% in the last two days. Far larger declines might be coming soon, up to 10% according to some analysts, perhaps more.

News for IBM Stock (IBM)