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 stock is likely to become a long-term buy as management steers the company more and more into the cloud business. However, expect some short-term volatility and potential price decline.

Should Investors Buy IBM Stock This Month?

Automakers' brands will take a backseat to new driving "experiences" as autonomous vehicles and car-sharing become more popular, according to the chief executive officer of IBM.

IBM's Ginni Rometty says automobile brands are becoming less important

IBM is joining forces with a German research institute to explore the potential of quantum computing, as the government in Berlin backs research in the field to the tune of 650 million euros ($717 million) over two years.

IBM, Fraunhofer partner on German-backed quantum computing research push

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IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years.

Germany pumps 650 million euros into IBM quantum computing alliance

Amazon

Salesforce

Members of the Business Roundtable signed a letter to congressional leaders urging the creation of a consumer data privacy law.

CEOs from Amazon, IBM, Salesforce and more ask Congress to pass a consumer data privacy law

Microsoft

Oracle

Healthy gross margins, big growth opportunities, solid balance sheets, and attractive dividends.

3 Cloud Computing Stocks for Every Equity Investor

Red Hat

It will take time to know whether Red Hat rescues IBM stock, making the rising dividend lucrative but more difficult to maintain.

Red Hat Purchase Makes IBM Stock Speculative Dividend Play

With good growth and a solid dividend, IBM Stock looks like an interesting buy in the wake of the Red Hat acquisition.
The post IBM Stock Looks Cheap Here appeared first on InvestorPlace.

IBM Stock Looks Cheap Here

Dell Technologies

Hewlett Packard

Lenovo Group Ltd

Here's a look at the performance of the leading server vendors in second-quarter 2019 per IDC report.

Server Market's Q2 in the Doldrums: Dell, HPE & More in View

For many years, International Business Machines stock has lagged its tech peers. However, with a revitalized focus on the cloud, IBM appears set for a contrarian upside move.

Win the Cloud Wars with a Position in IBM Stock

For years, IBM stock has been an overlooked name in the broader technology sector. However, with its Red Hat acquisition and limited exposure to the U.S.

3 Reasons Why IBM Stock May Thrive

The IBM stock price has faltered again. With no catalyst on the horizon, investors should stay on the sidelines.

Expect the IBM Stock Price to Keep Trading Sideways at Best

Cisco Systems

Which tech stalwart is a more stable investment for a volatile market?

Better Buy:  Cisco Systems vs. IBM

Chevron

JPMorgan Chase & Co

Coca-Cola

Pfizer

Verizon

Exxon Mobil

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

The eight “Dogs of the Dow” for 2019 had an aggregate year-to-date gain of 6.2% at the end of August, down from 12.2% at the end of July, excluding dividends. The Dow Jones Industrial Average is up 13.2% through August versus 15.2% at the end of July.

JPMorgan, Cisco And The Other 6 'Dogs Of The Dow' Are Underperforming The DJIA

International Business Machines stock may be on the mend, both technically and fundamentally. Here's what to watch in IBM stock.

If the Company Delivers, IBM Stock Has a Rally Brewing

Europe has now politically decided to support 5G versus Wifi for Automotive.

IBM's Big Billion Bet On Automotive Data Monetization

IBM stock is viewed as a value name. International Business Machines stock will continue to be viewed that way for a long time.

IBM Stock: Come for the Buybacks, Stay for the Potential of Blockchain and the Cloud

Analog Devices

Emerson Electric

Honeywell

Intel

Johnson Controls

NXP Semiconductors

QUALCOMM

Rockwell Automation

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The 10 Biggest IoT Stocks

IBM is trading at a discount. Again. Markets ignore the strong growth Red Hat brings to its business, improving long-term prospects.

Why Investors Should Buy the Dip After IBM Shares Fell

Big Blue offers the world a blueprint for its Power CPUs, reducing some companies' dependence on proprietary technologies.

IBM's Latest Move Could Hurt Intel and AMD

Below $130, the fundamentals, optics, and technicals all provide substantial backing for why IBM stock is a buy here. 
The post 3 Reasons Why Now Definitely Is the Time to Buy IBM Stock appeared first on InvestorPlace.

3 Reasons Why Now Definitely Is the Time to Buy IBM Stock

2019 has been hard for IBM and the company's shares have fallen over the past month. Here's why IBM stock is still a good investment.

3 Reasons Why IBM Stock Is Still a Good Investment

Many investors have been avoiding IBM stock lately, and it's easy to see why. But after the RedHat acquisition, it may be time for a second look.

Is it Time to Start Buying IBM Stock?

IBM's Red Hat acquisition will boost growth with hybrid cloud service growth likely to remain robust. That should fuel IBM stock higher.

News for IBM Stock (IBM)