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.

Chevron

Dow Inc

I dig dividend stocks that keep a low profile.

These Dogs Of The Dow Deliver 5.3%-6.3% Income

Automatic Data Processing

National Retail Properties

W. P. Carey

Pinterest

Four DivGro stocks announced dividend increases in August.

Monthly Review Of DivGro: August 2020

IBM's Cloud & Cognitive Software segment is its largest source of pre-tax income, but Global Technology Services generates the most revenue.

How IBM Makes Money: Software, Global Business, Tech Services

With a well funded 5% plus yield, IBM appeals to some dividend oriented investors.

IBM: Why My Eye Is Fixed On Big Blue

With this recent good news assisting IBM in their slow but steady shift, Qai’s deep-learning AI (artificial intelligence) has analyzed the company’s financial and technical data. Now, we’re ready to provide a recommendation as to what this news means for the average investor.

Why Our AI Rates IBM “Top Buy” For September

Disney

Home Depot

Intel

Johnson & Johnson

Coca-Cola

McDonald's

Altria

Merck

Procter & Gamble

Let’s face it – blue-chip stocks aren’t the most popular investments in the new normal. But look a little deeper and you’ll find a stalwart that will suit multiple investment strategies.

10 Blue-Chip Stocks Ideal for Any Investor

Amgen

AstraZeneca

SPDR Dow Jones Industrial Average ETF

Invesco Dow Jones Industrial Average Dividend ETF

Moderna

The Dow jumped above 29,000 for the first time since February on Sep 2 on low rates and vaccine hopes.

Dow Jones Tops 29,000: Will ETFs & Stocks Rally in September?

Arrow Financial

Chubb

Duke Energy

Con Ed

Evergy Inc

Southern Company

Southwest Gas Hlds

AT&T

TC Energy

Travelers

The TINA/FOMO bubble grows larger by the day, with the S&P 500 now trading 49% overvalued and hitting the highest valuations in 20 years.

13 High-Yield, Low Volatility Blue-Chip Bargains Retirees Will Love

Intel ups its laptop game, and two beaten-down Dow stocks lead the way.

Dow Jones Surges 300 Points as Intel Launches Tiger Lake, IBM and Coca-Cola Stocks Rally

MIAMI--(BUSINESS WIRE)-- #COVID19--Biorasi, a leading global full-service contract research organization (CRO), announced today that they have selected IBM Watson Health (IBM) as a preferred vendor. This relationship with IBM Watson Health expands Biorasi’s capabilities in clinical trial execution and management through IBM’s Clinical Development (ICD) platform – a clinical data management system (CDMS) designed to help bring efficiency and speed to the clinical trial process.

Biorasi Selects IBM Watson Health as Preferred Vendor

ARMONK, N.Y., Sept. 2, 2020 /PRNewswire/ -- The August findings of an ongoing IBM (NYSE: IBM) Institute for Business Value (IBV) survey of global consumers reveal that across the globe individuals remain highly concerned about the impact of the COVID-19 pandemic on their daily lives, but.

IBM Study: Consumers' COVID-19 outlook, optimism and preferences vary greatly across generations and geographies

Cogent Communications Holdings

Exelon

Huntington Ingalls Industries

Iron Mountain

Pfizer

The stock market is heating up faster than we had imagined. Some of our positions are approaching "Sell" territory.

Back To School: 8 Hot All Weather Dividend Buys, And 3 We Might Sell

With spectators unable to fill stadiums, sports leagues have to get creative with new forms of digital engagement to keep fans entertained.

IBM's Watson is helping tennis fans argue with each other

IBM is successfully pivoting itself away from its declining legacy products and towards growth as a cloud, software, and services company.

IBM Deep Dive: Strategy Shift Driving Growth; Attractive Share Price And Dividend Yield

Exxon Mobil

Artificial intelligence is about to trigger explosive changes in our lives, work, and leisure -- this is especially true in the data-driven energy sector.

Get Smart: AI And The Energy Sector Revolution

FLUSHING, N.Y., Aug. 28, 2020 /PRNewswire/ -- IBM, the digital partner of the United States Tennis Association (USTA) for 29 years, announced today innovative new fan experiences leveraging artificial intelligence (AI) underpinned by hybrid cloud technologies that will enable millions of.

IBM Creates New Fan Experiences using AI and Hybrid Cloud for First-Ever Spectator-less US Open

IBM Is An Attractive Income Vehicle With A 5%+ Yield

Broadcom

Cisco Systems

Juniper Networks

NetApp

Tech bubble 2.0 continues to inflate with impressive speed, courtesy of the fastest post-bear market rally in US history.

5 High-Yield Tech Blue-Chip Bargains For A Rich Retirement

BOSTON--(BUSINESS WIRE)--Astadia announces the release of the Unisys MCP and the OS 2200 mainframe platform migration Guide, to the IBM Cloud. The focus of this guide is UNISYS (NYSE:UIS) mainframe computers, and all application software in use on these platforms.

Astadia Publishes UNISYS to IBM Cloud Migration Guide

Oracle

Texas Instruments

The breathtaking run in technology stocks has dominated the financial headlines this year since the massive February and March selloff.

Why 5 Legacy Tech Dividend Stocks May Be the Best Buys Now

Cardinal Health

MSG Networks

Sempra Energy

UniFirst

Technology shares continued on its bull run with Financials and Industrials sectors also doing well. Whether valuations are elevated or not might depend on how you view them amidst rock bottom interest rates.

Best Stocks To Buy Today As Nasdaq Sets New Intraday Record

Microsoft

VeriSign

Verizon

It is no surprise that technology leaders continue to play to the upside, as economic worries have been overshadowed during the pandemic to crown leaders in the space. If you're looking for some Top Buys in the Top Tech Stocks, our deep learning algorithms paired with AI have you covered.

Tech Stocks Rated Top Buy This Month

News for IBM Stock (IBM)