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.

Red Hat

International Business Machines Corp. (NYSE: IBM) announced last week that it is in the process of changing its software portfolio and what to expect from its newly acquired Red Hat.

What Analysts Have to Say About IBM’s Red Hat Acquisition Going Forward

Transaction-related costs will knock down the bottom line in 2019.

IBM Sees Red Hat Accelerating Growth, but Earnings Will Take a Hit This Year

International Business Machines Corp  announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management.

IBM and other companies launch new blockchain network for supply management

Arconic

WestRock

The stock charts of ARNC, WRK and IBM are set to get the new trading week started with a bang, though not necessarily a bullish one.
The post 3 Big Stock Charts for Monday: Arconic, IBM and Westrock appeared first on InvestorPlace.

3 Big Stock Charts for Monday: Arconic, IBM and Westrock

Investors desperately want IBM stock to turn around, not just to rekindle IBM stock price, but because investors love redemption stories.
The post IBM Stock Isn’t Being Helped by “Strategic Imperatives” appeared first on InvestorPlace.

IBM Stock Isn’t Being Helped by “Strategic Imperatives”

IBM reduced its profit forecast for the year after factoring in costs related to Red Hat, its biggest acquisition ever.

IBM lowers 2019 earnings guidance after closure of Red Hat purchase

Cisco Systems

Chevron

JPMorgan Chase & Co

Coca-Cola

Pfizer

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Exxon Mobil

The eight “Dogs of the Dow” have an aggregate year-to-date gain of 12.2%, lagging the Dow Jones Industrial Average, which is up 15.2%.

The 'Dogs Of The Dow' For 2019 Stalled In July

IBM’s massive $34 billion acquisition of Red Hat closed a few weeks ago and today, the two companies are now announcing the first fruits of this process. For the most part, today’s announcement further IBM’s ambitions to bring its products to any public and private cloud.

With the acquisition closed, IBM goes all in on Red Hat

Oracle

Which stock is the better “mature tech” play?

Better Buy:  IBM vs.  Oracle

Amazon

Alphabet

AI will impact us in ways we cannot yet imagine. And IBM, Amazon and Google stock are the easy winners from the advent of smarter machines.

3 of the Best AI Stocks to Buy Now

Polaris

These time-tested businesses are very close to joining an elite group of income stocks.

3 Brand-Name Dividend Stocks on the Verge of Greatness

Hormel Foods

A dedication to payouts is even better when the companies you own share your passion. Here are three that do.

Love Dividends? Three Stocks You Might Want to Buy

GE CEO Larry Culp has boosted GE stock. He may be able to do the same for IBM stock if the companies combine.

Would IBM Stock Be Lifted by a Merger With GE?

IBM recently completed its biggest acquisition, a $34 billion deal for Red Hat. Deals like that don't happen overnight, but a senior IBM executive says the world is moving so fast that the company does need to be ready to make M&A decisions in hours.

World moving so fast, IBM needs to be ready to make an acquisition in hours

Uber

Amazon, UBER and IBM are hot stocks to own for the next decade. They dominate their core spaces, which will serve the bulls well in the long term.

3 Hot Stocks to Buy for the Next Decade

Last week was key for confirming the bull case in IBM stock, but investors would be wise to wait for profit-taking before buying.
The post Earnings Show It’s Time to Buy IBM Stock on a Pullback appeared first on InvestorPlace.

Earnings Show It’s Time to Buy IBM Stock on a Pullback

IBM's cloud strategy will take a new direction with Red Hat's software arsenal.

IBM: Red Is The New Blue

eBay

Microsoft

Netflix

These four Big Tech stocks are making waves, good or otherwise, as earnings seasons kicks into high gear. Here are the stocks to watch now.

4 Big Tech Stocks to Watch on Earnings 

This last week started the earnings season floodgates and many of the top companies have started reporting results for the calendar second quarter of 2019.

Why One Analyst Sees IBM Handily Outperforming Apple Shares in 2020

Wall Street is beginning to pay attention to IBM. How long will it last?

IBM Is Catching Up With Microsoft And Amazon

Barrick Gold

Options trading was buzzing in IBM, Microsoft, and Barrick Gold on Thursday. Here are the metrics that matter moving forward.

Friday’s Vital Data: IBM, Microsoft and Barrick Gold

Bank of America

Honeywell

Morgan Stanley

Philip Morris

IBM, Honeywell, Morgan Stanley, Bank of America and Philip Morris were our top stock trades to watch going into Friday. Check out the charts!

5 Top Stock Trades for Friday (July 19)

IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot.

Analysts On IBM: Solid Growth, But Cloud Is A Weak Spot

But one of these deals seems a lot clearer than the other.

AT&T Inks Two New Cloud Deals With Microsoft and IBM

IBM and eBay both moved into buy range Thursday, following quarterly results that beat expectations. EBay retook a buy point after reporting a 28% earnings advance and a 2% rise in revenue.

News for IBM Stock (IBM)