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.

Goldman Sachs initiated coverage of IBM   (NYSE:IBM) with a "buy" rating, with the analyst in coverage noting that the company's artificial intelligence (AI) services will help it maintain its revenue and free cash-flow growth in the long run.

IBM Stock Rises After Brand-New Buy Rating

Analyst James Schneider picked up coverage with a Buy rating and $200 price target, about 16% above Friday's closing level.

IBM Stock Rallies as Goldman Sees Sustained Growth Ahead

Merck

We believe that the computing behemoth IBM (NYSE: IBM) is currently a better pick over the pharmaceuticals giant Merck (NYSE: MRK). The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that suit an investment style.

With Robust AI Prospects Is IBM A Better Pick Over Merck Stock Within The Dow Index?

Amazon

Alphabet

AI is still the talk of the town, but prudent investors know when to look forward and seek new catalysts for the next technological breakthrough—and quantum computing is fast becoming the next big thing. Thanks to the potential to accelerate current computing technologies, the sector is slowly gaining traction, and keen-eyed investors are already looking for quantum stocks to buy.

3 Quantum Stocks to Buy Before the Masses Mobilize

IBM and WPP unite to launch a cutting-edge B2B solution, harnessing AI and advanced analytics to transform global marketing strategies.

IBM Collaborates With WPP to Revolutionize B2B Marketing

The state of Missouri has filed a lawsuit against the technology giant, International Business Machines Corporation (IBM), for unlawful practices in allegedly requiring racial and gender quotas in its hiring and promotion structures for employees.

Red state sues tech giant IBM over diversity ‘quotas'

McDonald's

SoundHound AI Inc

McDonald's has ditched its AI-voice ordering system from IBM and will look to replace it by year-end. SoundHound is a possible contender to win the business, but it is not the only candidate.

McDonald's Ditches AI Drive-Thru Voice Technology. What Could This Mean for SoundHound AI Stock?

WPP Plc Sponsored

WPP Open for B2B is powered by IBM's watsonx AI and data platform to solve complex B2B marketing challenges  IBM  is the first user of the platform to accelerate its AI-driven marketing and communications transformation WPP and IBM will collaborate with LinkedIn to better understand buying groups  CANNES, France , June 19, 2024 /PRNewswire/ -- WPP (NYSE: WPP) and IBM (NYSE: IBM) today announced the launch of a new business-to-business (B2B) solution powered by IBM's AI and data platform watsonx designed to reinvent how B2B marketers identify and engage clients and prospects across the buying journey.  WPP Open for B2B will help marketers solve complex B2B marketing challenges, accurately identify and engage buying groups, and improve clients' return on investment.

WPP and IBM Team Up to Revolutionize Business-to-Business Marketing with Generative AI

Altria

Nordic American Tankers

When building a retirement portfolio, focusing on the best high-yield dividend stocks to buy can result in better long-term outcomes than timing the market. That's because when a company offers both a high dividend yield and performs well year-over-year, the value of an investor's position can compound rapidly.

3 High-Yield Heavyweights to Anchor Your Portfolio for the Long Haul

Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a close.

McDonald's is ending its test run of AI-powered drive-thrus with IBM

Dublin, June 18, 2024 (GLOBE NEWSWIRE) -- The "Vehicle Analytics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Vehicle Analytics is estimated at US$4.2 Billion in 2023 and is projected to reach US$17.2 Billion by 2030, growing at a CAGR of 22.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Key Insights:

Vehicle Analytics Market Report 2024: Analysis and Forecast (2014-2030) Featuring Profiles of 42 Competitors Including Agnik, IBM, Motionloft and Teletrac Navman

The two companies will deploy SHARK.X, an open, hybrid and multi-cloud hardware and software platform specialized in analytics, data management and AI Telefónica Tech and IBM will create a use case office to develop customer pilots The new collaboration agreement will promote training and education actions to develop and scale digital transformation projects in the business sector and public administration based on these technologies MADRID , June 18, 2024 /PRNewswire/ -- Telefónica Tech and IBM (NYSE: IBM) today announced a new collaboration agreement to drive the deployment of Artificial Intelligence (AI), analytics and data governance solutions and respond to the constant and dynamically evolving needs of enterprises. The agreement, initially limited to Spain, establishes a framework of collaboration between the two companies to help their customers deal with the complexity of managing new technologies in a heterogeneous and changing environment and to extract the full value of these technologies in their business processes.

Telefónica Tech and IBM Sign a New Collaboration Agreement to Drive the Development of AI, Analytics and Data Management Solutions for Enterprises

In the most recent trading session, IBM (IBM) closed at $169.50, indicating a +0.17% shift from the previous trading day.

IBM (IBM) Rises But Trails Market: What Investors Should Know

McDonald's is ending a test run of AI drive-thru with IBM in more than 100 restaurants. The technology will be shut off no later than July 26, according to a memo sent to franchisees late last week, obtained by CNBC.

McDonald's to end AI drive-thru test with IBM

IBM is set to leverage its watsonx platform for introducing Generative AI-enabled integrated content in the upcoming Wimbledon tournament to reach a wider audience.

IBM Unveils New AI Feature for Personalized Player Stories

Franklin Resources

Chevron

Kenvue

Realty Income Corp

24/7 Insights Passive income is an easy way to supplement retirement and pension distributions.

5 Dividend Aristocrats Will Deliver Steady Passive Income During a Volatile Summer

HashiCorp

NEW ORLEANS , June 14, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

HASHICORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP

B2Gold

Duke Energy

Johnson & Johnson

Philip Morris

Shell PLC

Target

Just like in arguably most sports, balance is everything. The same applies to dividend stocks to buy.

Payout Powerhouses: 7 Dividend Stocks to Buy Now

General Dynamics

Not all dividend stocks are worthy of a royal title like Dividend Duke (a completely made-up term, by the way). Indeed, there are Dividend Kings who have raised dividends by at least 50 straight years, a feat that's impressive but quite hard to do.

The Dividend Dukes: 3 Stocks That Will Elevate Your Portfolio's Nobility

C3.ai

Arista Networks

Right now the Street is enthralled with hardware stocks that are clearly benefiting from the proliferation of AI. Broadcom (NASDAQ: AVGO ), Arista Networks (NYSE: ANET ), and, of course, Nvidia (NASDAQ: NVDA ), are among the names in the latter category that have rallied recently.

AI Aces: 3 Stocks Dealing a Winning Hand in the Artificial Intelligence Game

Apple

Fidelity Blue Chip Growth ETF

General Motors

Coca-Cola

Eli Lilly

Marvell Technology

Microsoft

Netflix

NVIDIA

Snap

T Rowe Price Blue Chip Growth ETF

Tesla

Uber

UnitedHealth Group

Both Fidelity and T. Rowe Price ETFs are both cashing in on "blue chips.

Fidelity And T. Rowe Price Score Big On These 'New' Blue Chips

FormFactor

Technology firms, both public and private, have been working hard to develop quantum computing technologies for decades. The reasons for that are straightforward.

The 3 Best Quantum Computing Stocks to Buy in June 2024

Dow Inc

Verizon

Walgreens

24/7 Insights The Dow Jones industrials are up over 10% this year.

5 Dogs of the Dow Offer Huge Passive Income Potential in June

In the latest trading session, IBM (IBM) closed at $169.32, marking a -0.62% move from the previous day.

IBM (IBM) Stock Drops Despite Market Gains: Important Facts to Note

Church & Dwight

Home Depot

While the soaring equity indices suggest a resounding economic recovery, those living in the real world face a different paradigm. With myriad headwinds such as elevated inflation and high borrowing costs imposing significant pain on consumers, investors may feel more comfortable considering blue-chip stocks.

News for IBM Stock (IBM)