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's Deal and Meta's Report

Amazon

IBM expands software offerings on AWS Marketplace to 92 countries, joining forces with AWS to accelerate hybrid cloud and AI adoption among enterprises worldwide.

Exclusive: IBM brings its AI, data and automation software to AWS Marketplace in 92 countries

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Verizon

The Summer 2023 edition of Fortune Magazine revealed the 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders. Those 68 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms, leaving 65 listed. 58 dividend-yielding stocks led those 68 industry leaders and ranged from 0.14% to 8.07% in annual yield and ranged -from 0.89% to 36.96% in broker-estimated one-year target-price upsides.

4 Fortune 500 Industry Leaders Boast Ideal April/May Dividends

Once known as "Big Blue," computer and technology sector giant International Business Machines Co. NYSE: IBM shareholders are now the ones with the blues. Shares of IBM fell 8.25% on a not-so-terrible but not-so-great Q1 2024 earnings report, which saw soft revenues of $14.46 billion and missed consensus estimates for $14.53 billion.

IBM Sings the Blues on Mixed Pockets of Strength

A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own.

IBM wins reversal of $1.6 billion judgment to BMC over software contract

ARMONK, N.Y. , April 30, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.67 per common share, payable June 10, 2024 to stockholders of record as of May 10, 2024.

IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 29th CONSECUTIVE YEAR

Examine IBM's (IBM) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Unlocking IBM (IBM) International Revenues: Trends, Surprises, and Prospects

ConocoPhillips

At first glance, the concept of dividend stocks to buy on the dip might clash with your instincts. Right now, the combination of robust employment and soaring energy prices may have put the brakes on strategies designed to lower the benchmark interest rate.

3 Dividend Stocks to Buy on the Dip: April 2024

Lockheed Martin

Finding opportunities for a steady and high return is crucial before the next market boom. Three exceptional businesses provide attractive opportunities in various industries.

Slingshot Stocks: 3 Picks Primed to Catapult Higher in the Next Market Surge

IBM's consulting business slowed down in the first quarter, leading the company to miss expectations. Software was stronger, and the company is winning AI-related business at a swift pace.

Buy the Dip on IBM Stock

HashiCorp

At a quick glance the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not.

The IBM-HashiCorp coupling could be more complicated than it seems

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5 Seeking Alpha analysts discuss current market trends and give some portfolio advice. Highlighting the versatility of single country ETFs and playing defense within the tech sector.

Roundtable Discussion On Gold, Tech, Bitcoin, Country ETFs And Ignored Stocks

Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada's Bromont plant BROMONT, QC , April 26, 2024 /PRNewswire/ -- IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada's semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada's plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.

IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada's Semiconductor Industry

Baidu

Quantum computing is poised to revolutionize various industries and greatly impact society due to its immense computational power. Unlike classical computers, quantum computers can perform complex calculations in minutes, which would take traditional supercomputers days or even years to accomplish.

3 Quantum Computing Stocks to Buy on the Dip: April 2024

We had previously highlighted the $190-200 area as the best sell zone for IBM. Revenues for IBM were soft in Q1-2024, with consulting growing at sub-inflation rates and clients pulling back. The Company's gross profit margin remains high, but it may not be sustainable in the face of increasing competition and a potential downturn.

IBM: Big Blue Sees Crimson As It Blows Money On HashiCorp

IBM's stock fell 9.6% despite the company reporting solid first-quarter earnings and a $6.4 billion cloud computing buyout. Management reaffirmed its full-year financial targets, expecting single-digit revenue growth and $12 billion in free cash flow -- but some investors were hoping for something more.

IBM's Stock Got a Big, Blue Bruise Today

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International Business Machines (IBM) beat estimates for earnings but missed the same for revenues. Shares are declining following earnings announcement.

ETFs in Focus Post IBM's Q1 Revenue Miss, HashiCorp Deal

IBM Corp (NYSE:IBM) is at the bottom of the Dow today, last seen down 8.7% to trade at $167.95.

"Big Blue" Stock Drags the Dow After Earnings

New program increases the lifetime of storage investments with purchase protection and flexibility New IBM Flash Grid technology simplifies storage management ARMONK, N.Y. , April 25, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced new storage capabilities that give clients choice and control in the data center to maximize performance.

IBM Transforms the Storage Ownership Experience with IBM Storage Assurance

IBM witnessed healthy demand trends for hybrid cloud and AI solutions in first-quarter 2024 with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024.

IBM's Q1 Earnings Beat, Revenues Miss Despite Solid Demand

Shares of International Business Machines fell more than 8% in premarket trading on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope with an uncertain economy and high interest rates.

IBM falls as enterprise-spending constraints choke consulting demand

International Business Machines Corp (NYSE:IBM), the technology giant, is set to open trading 10% lower on Thursday after it posted weaker-than-anticipated first-quarter revenue and confirmed plans to acquire HashiCorp. Sales during the three months came in at US$14.46 billion, a 1.5% year-on-year increase, which undershot Wall Street guidance of US$14.55 billion.

IBM shares fall on HashiCorp takeover plans and sales miss

News for IBM Stock (IBM)