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.

Apple

Amazon

Broadcom

Alphabet

Microsoft

NXP Semiconductors

QUALCOMM

Buffett owns two AI stocks in his Berkshire Hathaway portfolio. He has positions in six other AI leaders thanks to Berkshire subsidiary New England Asset Management.

Warren Buffett Has $159 Billion Invested in These 8 Artificial Intelligence (AI) Stocks

AT&T

The S&P 500 index is rallying, leaving fewer bargains available. AT&T stock remains chronically inexpensive, even as free cash flow rises.

2 Tech Stocks That Are Still No-Brainer Bargains

Microchip Technology

Taiwan Semiconductor Manufacturing

Texas Instruments

While the innovation ecosystem has dominated business headlines, investors may want to consider a safer approach with tech dividend stocks to buy. It all comes down to the rotation of the smart money.

7 Tech Dividend Stocks to Buy as Risk-On Sentiment Fades

Caterpillar

Cintas Corp

Dividend stocks to buy are popular assets for long-term investors and people who are planning for retirement. These stocks can generate steady cash flow which is enough to get plenty of attention.

3 Dividend Stocks to Buy on the Dip: March 2024

What's the best technology stock to hold in 2024? Believe it or not, the answer might not be a Magnificent Seven stock.

3 Reasons Why IBM Stock Is the Best-Kept Secret in Tech for 2024

Baidu

Walmart

When it comes to artificial intelligence, the usual suspects for AI stocks comes up. Clearly, going with these winners has not been a bad idea.

The AI Underdogs: 3 Stocks That Should Be Getting More Love

Chevron

Essex Property Trust

Johnson & Johnson

Coca-Cola

NextEra Energy

Target

With the equities market seemingly soaring to one plateau after another, bringing up dividend aristocrat stocks seems overly cautious. These ideas represent companies that have increased their payout annually for at least 25 years.

7 Dividend Aristocrats That Can Safeguard Your Income Through Any Crisis

PORTSMOUTH, England & BOSTON--(BUSINESS WIRE)-- #cybersecurity--Searchlight Cyber, the dark web intelligence company, has appointed Caleb Barlow from Cyberbit and Charlesbank Capital Partners to its board of directors. Searchlight will leverage Caleb's expertise in pioneering new approaches in threat intelligence and cybersecurity as it expands its market share and aggressively adds to the capabilities of its dark web intelligence platform. Caleb Barlow is currently CEO of Cyberbit, a leading cybersecurity skil.

Former IBM X-Force Leader Caleb Barlow Appointed to Searchlight Cyber's Board of Directors

Baker Hughes Co

ConocoPhillips

CVS Health

Dow Inc

Energy Transfer LP Unit

Ford Motor Company

ManpowerGroup

MetLife

Pfizer

Philip Morris

Starbucks

Southern Company

Verizon

Exxon Mobil

The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders, or IL, using YCharts 3/22/24 data. 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 not tracked by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.14% to 8.10% in annual yield and ranged -11.57% to 22.59% in broker-estimated one-year target-price upsides.

4 Fortune 500 Industry Leaders Boast Ideal March Dividends

After more than a decade in the doldrums, IBM shares are finally rallying. Hybrid cloud and artificial intelligence platforms, coupled with consulting services, are breathing new life into the tech giant.

IBM Stock's "Lost Decade" Is Finally Over

If a company exists for long enough it will go through periods of hardship. Companies that lack the ability to change with the world around them struggle to survive hard times.

The Facts Are In -- IBM Succeeded Where Investors Thought It Would Fail

Analog Devices

Applied Materials

Plenty of tech buzzwords have been swirling around over the past couple of years, and nanotechnology is one of them. Nanotechnology involves tweaking matter at a molecular scale, and when things get smaller, they have a greater surface area than their size, impacting their behavior.

3 Stocks That Could Be the Next Big Thing in Nanotechnology

PayPal

It wasn't long ago that high-interest rates were viewed as poison to most tech stocks. Consequently, the Street couldn't stand the lion's share of equities in the sector.

3 Tech Titans Trading at Bargain Prices: Your Chance to Strike Gold

Chipotle

Two large-cap stocks that may be catching investors' attention are Chipotle Mexican Grill (CMG) and IBM (IBM) as both have been on the cusp of reaching higher highs.

Time to Buy Chipotle (CMG) or IBM's (IBM) Stock for Higher Highs?

NVIDIA

Nvidia shared how it is evolving its work with several industry giants by taking its newly announced AI computing infrastructure, software and services to their tech stack.

Google to IBM: How big tech giants are embracing Nvidia's new hardware and software services

Agree Realty

Alliance Resource Partners

B2Gold

Dine Brands Global

In an ecosystem of high interest rates, targeting high-yield dividend stocks to buy might seem risky. After all, why bother dealing with the volatility of publicly traded businesses when you can buy safe, secure government bonds?

Uncertain Times Call for Certain Yields: 7 High-Yield Dividend Stocks to Buy Now

Meta Platforms faces new challenges from the emerging Web3 revolution and the stalled metaverse project. While Meta's valuation soars, Alphabet and IBM offer compelling value for investors in the AI space.

Forget Meta Platforms: 2 Artificial Intelligence (AI) Stocks to Buy Instead

IBM (NYSE: IBM ) has become one of the unexpected beneficiaries of ‘AI mania,' with IBM stock hitting price levels not seen since the early 2010s. Shares in this blue-chip have surged over the past year, driven by strong quarterly financial results and a successful AI growth strategy.

Caution! Why IBM Is a Riskier AI Play Than You Think.

Caterpillar is firing on all cylinders right now.  Based on IBM's impressive free cash flow, the company's high-yielding dividend looks like it's on solid ground.

3 Dow Dividend Stocks That Could Continue Crushing The S&P 500 In 2024

Adobe

C3.ai

Advanced Micro Devices

Salesforce

Cisco Systems

Dell Technologies

Intel

ServiceNow

Oracle

The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.

These older tech companies are playing catch-up in genAI

News for IBM Stock (IBM)