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.

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Dividend Income Summary: Lanny's March 2024 Summary

Xerox

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Stocks This Week: Sell IBM Short And Buy Xerox

There is a divergence of opinion on IBM stock between Wall Street and Main Street analysts. I will explain why I disagree with Wall Street and rate IBM stock as a BUY. I think Wall Street is dramatically underestimating its longer-term growth potential and totally ignoring the valuation discounts.

IBM: I Disagree With Wall Street

Get a deeper insight into the potential performance of IBM (IBM) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Stay Ahead of the Game With IBM (IBM) Q1 Earnings: Wall Street's Insights on Key Metrics

IBM is expected to have recorded a top-line expansion year over year in first-quarter 2024, backed by a growing demand for hybrid cloud and AI-powered solution suite across industries.

Will Modest Top-Line Improvement Buoy IBM Earnings in Q1?

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Earnings Thunderdome: 3 Stocks Set to Crush Wall Street's Weak Targets

IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IBM (IBM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

IBM (IBM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

After Plunging -5.45% in 4 Weeks, Here's Why the Trend Might Reverse for IBM (IBM)

IBM's AI development is primarily focused on the Software segment, but it has not significantly boosted revenue growth. The company has launched the watsonx AI platform for Enterprises, targeting consulting and software segments. IBM is shifting towards a software-focused strategy, with a focus on hybrid cloud solutions through the Red Hat OpenShift platform.

IBM: Best Strategies For Success

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Evercore ISI analyst Amit Daryanani added IBM stock to his firm's “tactical outperform list.”

Buy IBM Stock Ahead Of Earnings, Says Analyst. Here's Why.

IBM stock gained Monday after analysts at Evercore ISI added the tech giant to their "tactical outperform" list.

IBM Stock Added To 'Tactical Outperform' List Ahead Of Q1 Earnings

Computing behemoth IBM IBM is slated to report its Q1 2024 results on April 24, reporting on a quarter that is likely to have seen the company post moderate growth as global IT spending picks up. We estimate that IBM's revenue will come in at about $17.3 billion for the quarter, roughly in line with the consensus estimates and about 3% ahead of last year.

Up 14% This Year, Will IBM's Gains Continue Following Q1 Results?

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Play Safe! S&P 500 is Teasingly Close to its 50 DMA: 3 Picks

TORONTO and GATINEAU, QC, April 11, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) today announced it is the Geography Winner of the 2024 IBM Partner Plus Award in the Digital Defense category for North America. The inaugural IBM Partner Plus Awards celebrate business partners in the IBM Ecosystem who advance businesses, reshape industries, and create positive impact through partnership.

Converge Technology Solutions Named North America Winner of IBM Partner Plus Award in Digital Defense Category

SAN JOSE, Calif.--(BUSINESS WIRE)--Cohesity today announced a deepening of its cyber resilience collaboration with IBM. The enhanced relationship will accelerate the development of essential cyber resilience capabilities to address organizations' critical need for increased data security and resilience across hybrid cloud environments. With this announcement, Cohesity completes its Series F financing, with IBM joining NVIDIA as a strategic investor. The most recent Cost of a Data Breach report.

Cohesity Extends Collaboration to Strengthen Cyber Resilience with IBM Investment in Cohesity

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ARMONK, N.Y. , April 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its first-quarter 2024 financial results on Wednesday, April 24, 2024 at 5:00 p.m.

IBM to Announce First-Quarter 2024 Financial Results

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IBM to Unveil Cloud Multizone Region for Canada-Based Clients

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IBM Earnings Trade Generates Returns If Stock Stays In Its Range

In the latest trading session, IBM (IBM) closed at $189.82, marking a +0.36% move from the previous day.

IBM (IBM) Rises As Market Takes a Dip: Key Facts

The Government of Spain leverages IBM's expertise to accelerate AI initiatives and develop Spanish-language AI models.

IBM and Government of Spain Join Forces for AI Advancements

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News for IBM Stock (IBM)