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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In some ways 2020 hasn’t been any easier on these three Dow Jones stocks. But today’s income and price charts are shaping up big-time.

3 Dow Jones Stocks Primed for Trading Today

Now that tide has started to turn when last week three significant players, who have created face recognition technology, made some bold decisions to not sell their technology to law enforcement and other agencies that could misuse it.

Why It Matters That IBM Has Abandoned Its Facial Recognition Technology

Siemens AG

IBM and Siemens' new solution strengthens IBM's asset management capabilities, which bodes well for the company's top-line performance in the coming days.

IBM Expands Partnership With Siemens to Launch New Solution

PLANO, Texas and ARMONK, N.Y., June 17, 2020 /PRNewswire/ -- Expanding on their long-term partnership, Siemens and IBM (NYSE: IBM) announce the availability of a new solution designed to optimize the Service Lifecycle Management (SLM) of assets by dynamically connecting real-world...

Siemens and IBM Deliver Service Lifecycle Management Solution

New online marketplace offers field-tested solutions that can help customers improve safety, efficiency and sustainability NEW YORK, June 17, 2020 /PRNewswire/ -- Shell and IBM (NYSE: IBM) today launched Oren, a global B2B Digital mining services marketplace platform, co-developed by the...

Shell and IBM Team up to Accelerate Digitalization in the Mining Industry

Spanugo expected to enhance IBM's public cloud capabilities to those operating in highly-regulated industries.

IBM To Acquire Spanugo

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Coronavirus-Led Demand for Cloud Services Aids Server Vendors

Amazon

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Alphabet

Honeywell

Intel

Microsoft

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Cloudera

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While these tech giants may have stepped back from facial recognition, their bans don’t encompass other technology they supply for police or square with their past lobbying and legislative efforts.
Advocates against flawed facial recognition systems have pushed for limits or bans on the use of these controversial technologies by law enforcement for at least four years.

IBM, Microsoft, and Amazon’s face recognition bans don’t go far enough

FedEx

General Electric

These economic bellwethers just got their bells rung.

Why Shares of IBM, General Electric, and FedEx Are All Down Today

In the midst of huge crisis in the U.S. around police mistreatment of black Americans, two tech giants have said they will halt the sale of controversial facial-recognition software, which has been called out by privacy groups as contributing to racial profiling and ineffective most of the time.

MarketWatch First Take: IBM, Amazon moves on facial recognition are good baby steps toward removing bias

CAMBRIDGE, Mass., June 10, 2020 /PRNewswire/ -- IBM (NYSE: IBM) Security today released new data examining the top challenges and threats impacting cloud security, indicating that the ease and speed at which new cloud tools can be deployed can also make it harder for security teams to...

IBM: Security in the Cloud Remains Challenged by Complexity and Shadow IT

The IBM Cloud is currently suffering a major outage and with that, multiple services that are hosted on the platform are also down, including everybody’s favorite tech news aggregator, Techmeme. It looks like the problems started around 2:30pm PT and spread from there.

IBM Cloud suffers prolonged outage

IBM says it is getting out of the facial recognition business over concern about how it can be used for mass surveillance and racial profiling. A letter to US lawmakers Monday from new IBM CEO Arvind Krishna said the tech giant “has sunset its general purpose facial recognition and analysis software products.

IBM to exit facial recognition biz, cites racial profiling

Apple

IBM made an ethical stand on facial recognition technology, and Apple plans to move away from Intel chips.

Dow Jones Slumps as IBM Exits Facial Recognition, Apple Set to Unveil Custom Mac Chip

IBM is expected to benefit from the decision to move away from the facial recognition market.

IBM Exits Its Facial Recognition Business Amid Protests

Big Blue is taking concrete business steps to combat racial inequality and support a stronger justice system.

IBM Drops Facial Recognition Software In Support of Racial Justice

Chief executive writes to US Congress calling for ‘national dialogue’ about technology’s use in law enforcement

IBM quits facial-recognition market over racial-profiling concerns

CEO Arvind Krishna wrote a letter to Congress calling for police reform, as the company stressed its opposition to the use of facial recognition for mass surveillance and racial profiling.

IBM Will No Longer Offer Or Develop Facial Recognition Software In Pursuit Of Racial Justice Reform

International Business Machines Corporation (NYSE: IBM) Chief Executive Officer Arvind Krishna, on Monday, said the company is no longer offering general purpose facial recognition or analysis software, CNBC reported.

IBM Discontinues Facial Recognition Technology, Says It Can't Condone 'Racial Profiling' Or 'Mass Surveillance'

IBM has said it will stop offering facial recognition or analysis software and will oppose use of the technology for mass surveillance and racial profiling.

IBM scrap facial recognition software over racial profiling concerns

International Business Machines Corp  disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Officer Arvind Krishna said.

News for IBM Stock (IBM)