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.

TC Energy

WestRock

An energy infrastructure giant, an engineered paper leader, and a tech behemoth are intriguing options for yield-seeking investors.

Three Dividend Stocks With Yields Over 4%

IBM Research will carry out a pilot program in Britain with Cera Care to explore the utility of LiDAR sensors for elderly care.

IBM Research Exploring LiDAR Sensor Use for Elderly Care

IBM and British start-up Cera Care plan a six-month pilot to test whether lidar laser sensors, used to help self-driving cars "see", can enable elderly people to stay in their homes for longer - without compromising privacy.

IBM, Cera Care to test self-driving car tech in elder homes

Boeing

Lyft

Equities remain on shaky footing heading into the new week, and bear trades look tempting. Here are three of the best stocks to sell short.

3 Stocks to Sell for Big Profits

IBM (IBM) reported earnings 30 days ago. What's next for the stock?

Why Is IBM (IBM) Down 3.4% Since Last Earnings Report?

IBM CEO Ginni Rometty defined such digital trade as the flow of data between countries.

Opening up 'digital trade' between US and China just as important as solving tariffs, IBM CEO says

Amazon

GCP Applied Technologies

Alphabet

Microsoft

Oracle

VMware

Masters of Cloud is a three-part series aimed at understanding the cloud market and identifying potentially high return stock(s).

Masters Of Cloud, Part 1: The Players

It’s the smallest boost to the dividend in years.

IBM Nudges Its Dividend Higher

International Business Machines Corp. said Tuesday it raised its quarterly cash dividend by 3.2%, to $1.62 a share from $1.57 a share.

IBM boosts dividend by 3.2%, remains the 2nd-highest yielding Dow component

Cisco Systems

There are three important reasons why one of these tech stalwarts is the better investment.

Better Buy: IMB vs. Cisco Systems

American Express

Honeywell

The Zacks Research Daily presents the best research output of our analyst team.

Top Stock Reports for IBM, Honeywell & American Express

IBM saw quarterly revenues dip again due in large part to currency.

IBM: Embrace The Weakness

IBM has been pushing forward on its platform and cloud-driven strategy.

IBM Counts On Its Cloud And Platform For The Turnaround

The computing titan is prepping for a $33 billion merger, and you won't hear management talking about "strategic imperatives" after this.

IBM Served Up Some Surprises in Q1

International Business Machines Corporation has been revered as a high-dividend, high-buyback, shareholder-friendly company.

IBM: Incessant Buyback Machine

It’s business as usual in the back half of the product cycle.

IBM's Mainframe Sales Crashed. That’s Normal.

Momentum in services and growth in the cloud business were bright spots in IBM earnings report, but reactions to the print on the Street were muted, as focus now shifts to Big Blue’s acquisition of open source cloud software company Red Hat.

Cloud, Services Strong Again For IBM, But Earnings Reaction Tepid

Currency hit the top line hard, but margins are moving in the right direction.

IBM Earnings: Sales Down, Margins Up

Quarter after quarter, year after year, the International Business Machines Corp. turnaround is promoted by the company and CEO Virginia Marie “Ginni” Rometty.

Year After Year, IBM and CEO Rometty Disappoint

International Business Machines Corporation (IBM) Q1 2019 Results - Earnings Call Transcript

IBM’s revenue is now down year over year for three consecutive quarters.

IBM stock slips after revenue shortfall

IBM beat Wall Street estimates on earnings again, but came in short of expectations on revenue as it continues to shift its focus away from hardware and toward cloud computing.

IBM Tops Street Estimates On Earnings, Comes Up Short On Sales Expectations

IBM earnings reported after the market close for the first-quarter Tuesday came in above Wall Street estimates but revenue fell short of views. IBM stock fell during after-hours trading.

IBM First-Quarter Earnings Beat On Bottom Line, Fall Short On Revenue

International Business Machines Corp. (NYSE: IBM) reported fourth-quarter financial results after markets closed Tuesday.

Why IBM’s Revenues Are Missing the Mark in Q1

IBM is the second top gainer on the Dow this year, and it's about to report earnings.

News for IBM Stock (IBM)