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.

Citigroup

Walgreens

Investors can get some good bang for their buck with these investments.

3 Dirt-Cheap Dividend Stocks to Buy Right Now

Cisco Systems

Chevron

Dow Inc

Coca-Cola

Pfizer

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Exxon Mobil

The average stock in the Dow Jones Industrial Average is down 16.24% on a total return basis so far in 2020.

Dogs Of The Dow Performance So Far In 2020

Intel

Travelers

Looking for bargains among the large cap stocks? Some of the Dow Jones stocks are cheaper than the average valuation of the S&P 500 and are paying dividends too.

The 5 Cheapest Dow Stocks Right Now

IBM stock slipped 3% on Tuesday after earnings on Monday afternoon. But looking closer, the quarter supports turnaround hopes.

Why Earnings Support Long-Term Optimism Toward IBM Stock

A little digging into last year's comparable quarter, and a deeper dive into the company's divisions, is eye-opening.

IBM's Q1 Results Were Better, and Worse, Than They Seemed On the Surface

Can CEO Arvind Krishna help Big Blue counter the competitive and macro headwinds?

IBM’s New CEO Faces a Trial by Fire

Last night, IBM NYSE: IBM reported first quarter earnings results. The company reported adjusted earnings per share (EPS) of $1.84, which beat consensus estimates of $1.81.

IBM Earnings Mixed, Warns About Slowdown In Software Sales (Bearish)

The tech giant's first-quarter results shed some more light on the consequences of the virus.

How the Coronavirus Pandemic Impacts IBM

Hold on to your hats, folks. It's going to be a tough year, but some investment vehicles are better prepared for this rough road than others.

IBM Just Set the Tone for the IT Industry's Earnings Season

International Business Machines Corp. (NYSE:IBM) has a new CEO, but an old problem: falling sales and earnings, write-offs and declining shares.

IBM: A New CEO and an Old Problem

International Business Machines Corp (NYSE: IBM) shares are trading lower after the company reported worse-than-expected first-quarter sales results.

Why IBM's Stock Is Trading Lower Today

The new CEO will play an important role in turning the company around, but should you hang in there and cash out is the question.

IBM Withdraws 2020 Guidance, What to Do with the Shares?

IBM beat earnings estimates but lagged on revenues. It withdrew its full-year guidance citing uncertainty surrounding the COVID-19 pandemic.

IBM Reports Mixed Q1 Results: ETFs in Focus

For the most part, analysts seemed to be sidelined on International Business Machines Corp.

Why Analysts Are Cautiously Positive on IBM After Earnings

IBM's first-quarter results reflect solid growth in Cloud revenues. However, coronavirus outbreak impacted adoption of cognitive applications and transaction processing platforms in March.

IBM Beats on Q1 Earnings, Withdraws '20 View on Coronavirus Woes

AbbVie

Bunge Global SA

DXC Technology

Nu Skin Enterprises

Patterson Companies

Steep market declines in 2020 have not only been brutal on returns; they've also presented income investors with a conundrum.

8 Safe High-Yield Dividend Stocks Offering 5% or More

Why IBM Stock Dropped 6% Today

U.S. stock-index futures declined in lightly traded action Monday evening, coming off a slump for stocks in the regular session, on the back of a historic crash in crude prices and expectations for the weakest year-over-year earnings since 2009.

Dow futures retreat after historic plunge in oil; IBM shares set to fall after earnings

International Business Machines Corporation (IBM) CEO Arvind Krishna on Q1 2020 Results - Earnings Call Transcript

Under Ginni Rometty revenue was often on the decline. Her successor, Arvind Krishna, doesn't want growth to be a lower priority than earnings.

New IBM CEO emphasizes growth, not just EPS, in first earnings call with analysts

IBM Common Stock (NYSE: IBM) lost more than 3% during Monday’s after-hours trading session after the Dow Jones Industrial Average component reported first-quarter results. The Highlights IBM reported EPS of $1.84 on sales of $17.57 billion versus expectations of $1.79 per share and $17.62 billion.

Highlights from IBM’s Q1 report

International Business Machines Corporation (NYSE: IBM) was one of the old-school technology companies that truly needed the COVID-19 pandemic not to bring a deep recession.

IBM Manages to Disappoint With Earnings in Recessions, Too

Shares of International Business Machines Corp. (NYSE:IBM) tumbled over 4% in aftermarket trading on Monday on the heels of reporting first-quarter revenue that missed analyst estimates.

IBM Sinks on 1st-Quarter Revenue Miss

IBM's cloud division, one of its most important business units, had strong growth in the first three months of 2020, despite disruption caused by coronavirus.

IBM withdraws its full-year 2020 financial guidance due to coronavirus

International Business Machines Corp  on Monday withdrew its 2020 annual forecast due to uncertainty caused by COVID-19, but said its customers were relatively well positioned for the pandemic and it would continue to pay dividends.

News for IBM Stock (IBM)