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.

Amgen

Cisco Systems

Chevron

Dow Inc

Johnson & Johnson

Coca-Cola

Verizon

Walgreens

It's time for followers of the Dogs of the Dow stock-picking strategy to rebalance their portfolios.

What Are the Dogs of the Dow for 2024?

NextEra Energy

Realty Income Corp

Procter & Gamble

Waste Management

While the upcoming new year generally brings optimistic sentiment to the market, investors should be prepared for anything, which is why solid dividend stocks represent an incredibly relevant topic. Much like playing the hot corner, you've got to be ready for anything.

7 Rock-Solid Dividend Stocks to Trust in Difficult Times

Carriage Services

General Motors

Value stocks to watch is the equity market's version of Godzilla Minus One. When released in the U.S., the understanding was that it would only feature a limited run.

Why These 3 Value Stocks Should Be on Your Radar in 2024

Venerable IBM is growing thanks to its AI and cloud computing technologies. Its AI solutions extend into the nascent field of quantum computing.

This Blue Chip Artificial Intelligence (AI) Stock Is a Buy for 2024

Demand for digital transformation and application modernization solutions is holding up as IBM's clients look to cut costs. IBM's enterprise AI platform will help the company tap into an enormous and growing market.

3 Reasons to Buy IBM Stock in 2024

Based on healthy fundamentals, we have shortlisted three Dow stocks - PG, KO and IBM - that are likely to perform better in 2024.

3 Standout Dow Stocks That Could Soar in 2024

Enphase Energy

First Solar

Grayscale Bitcoin Trust

Exxon Mobil

IBM stands out as a smart AI investment, blending innovation with affordable share prices. The evolving landscape of renewable energy presents both challenges and opportunities for investors.

3 Top Trends to Invest $100 in Right Now

IBM is progressing in increasing its artificial intelligence offerings from enterprises and institutions.

Should Dividend Stock Investors Buy IBM Stock?

Accenture Plc

Boeing

As the bull market broadens into 2024, several long-term stocks can be expected to run higher. Well-known chart analyst Charlie Bilello points out that the “Magnificent Seven” gained 75% in 2023 while the other 493 companies in the S&P 500 index gained 12% over the past year.

3 Long-Term Stocks Every Smart Investor Should Own in 2024

BELLINGHAM, Wash.--(BUSINESS WIRE)--SPIE, the international society for optics and photonics, and the IBM-HBCU Quantum Center have selected a group of researchers and educators at Tuskegee University as this year's recipient of the IBM-SPIE HBCU Faculty Accelerator Award in Quantum Optics and Photonics. The group includes the head of the university's physics department Akshaya Kumar; Dimitar Dimitrov, a fellow physicist and committed student mentor; Fan Wu, who facilitates cutting-edge computat.

Tuskegee University team is 2023 recipient of $100,000 IBM-SPIE HBCU Faculty Accelerator Award in Quantum Optics and Photonics

We bring three stocks from the 'Dogs of the Dow' list that have a dividend yield of more than 3%, namely 3M Company (MMM), International Business Machines (IBM) and The Coca-Cola Company (KO).

3 Best 'Dogs of the Dow' Stocks to Enrich Your Portfolio in 2024

Agilysys

Hewlett Packard

PAR Technology

Industry players like IBM HPE, AGYS and PAR are gaining from the increased demand for integrated solutions and the growing adoption of the multi-cloud model, despite persistent supply chain constraints.

4 Stocks to Watch From the Prospering Technology Solutions Industry

American Tower

Disney

Intel

AT&T

IBM's turnaround is gaining traction, while Intel's foundry strategy looks like a winner. AT&T and American Tower are growing despite a tough economy, and Disney is adapting to the streaming era.

5 Top Stocks I'm Betting on in 2024

IBM's mainframe systems remain heavily used in some industries, including banking. Each time the company launches a new model, revenue spikes as customers upgrade.

IBM Will Get a Revenue Boost in 2024

IBM is aiming to enhance its hybrid cloud and AI product offerings by acquiring Software AG's iPaaS businesses.

IBM Boosts Hybrid Cloud & AI Portfolio With Strategic Buyout

Enbridge

Himax Tech

Kraft Heinz

Philip Morris

Public Storage

With speculation about interest rate cuts seemingly reaching a fever pitch, it's naturally time to consider high-yield dividend stocks. To be sure, this segment has lost some of its attractiveness over roughly the past two years as the Federal Reserve began earnestly hiking borrowing costs.

7 High-Yield Dividend Stocks to Buy if the Fed Cuts Rates

Tech giant IBM bolstering its investments in artificial intelligence, announcing Monday it plans to buy two units of Software AG for $2.33 billion cash.

IBM aims to boost AI offerings with $2.3B acquisition

IBM will pay $2 billion to purchase Software AG's enterprise technology platforms StreamSets and webMethods.

IBM Pays $2 Billion for Software AG's StreamSets and webMethods

International Business Machines Corp. (IBM) said on Monday that it would buy Software AG's enterprise integration platforms for 2.13 billion euros ($2.33 billion) to strengthen its artificial intelligence and cloud computing capabilities.

IBM to Buy Software AG's Cloud Computing and AI Assets for $2.3BN

IBM is spending about $2.3 billion on an integration platform-as-a-service product. As IBM helps clients move to a hybrid cloud architecture, the iPaaS provides an easy and robust way for those clients to connect applications.

IBM Strengthens Hybrid Cloud and AI Platforms With $2.3 Billion Acquisition

IBM has agreed to buy data-integration platforms StreamSets and webMethods from Software AG for €2.13 billion.  The company said StreamSets and webMethods are among the technology leaders in application integration, API management, and data integration.

IBM buys two software data platforms from Software AG

IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG.

IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

International Business Machines said Monday that it would buy two divisions from German company Software AG for €2.13 billion. It's an acquisition designed to beef up the data capabilities of IBM's artificial-intelligence platform.

IBM Looks to Strengthen AI Platform with €2.13 Billion Acquisition. Data Is the Key.

You may think of HP as a maker of computers, but that's not the business supporting the stock's healthy dividend lately. Once IBM was viewed as a lost cause, but shares of the technology veteran just hit a six-year high.

3 Dividend-Paying Tech Stocks to Buy for 2024

IBM on Monday said it's paying 2.1 billion ($2.3 billion) to buy two units of a German software company to boost its artificial intelligence and hybrid cloud offerings.

News for IBM Stock (IBM)