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

Disney

Yaccarino, the chief executive of X, reportedly sat stone-faced as her boss Elon Musk insulted rather than courted high-profile advertisers that have left the platform.

Here was Linda Yaccarino's response after Elon Musk's obscene suggestion to fleeing advertisers

-IBM collaborating with Mohamed Bin Zayed University of Artificial Intelligence, Government of Kenya and the United Kingdom's Science and Technology Facilities Council (STFC) Hartree Centre to expand application of IBM's geospatial AI technologies to urban heat island mapping, reforestation and climate resiliency in aviation. -IBM and NASA to create new AI foundation model for weather and climate.

IBM Advances Geospatial AI to Address Climate Challenges

Dollar Tree

Kroger

After many, if not most, growth stocks tumbled over the last two and a half years, I can certainly understand why investors would want to include many safe stocks in their portfolios. Further, a majority of the Magnificent Seven stocks are quite high at this point, so buying and holding them entails significant amounts of risk.

Looking for Safety? These 3 Steady Eddie Stocks Are Worth a Look.

IBM's advance cloud database offering combines IBM Db2 database and Amazon RDS to optimize database management tasks and support AI workloads with ease.

IBM Solution to Optimize Data Management for AI applications

International Business Machines Corporation (NYSE:IBM ) UBS Global Technology Conference November 28, 2023 9:35 AM ET Company Participants Jim Kavanaugh - CFO Conference Call Participants David Vogt - UBS David Vogt Good morning, everyone, and welcome to the UBS Global TMT Conference here in Scottsdale, Arizona. I'm David Vogt.

International Business Machines Corporation (IBM) Presents at UBS Global Technology Conference (Transcript)

FuelCell Energy

FuelCell Energy (NASDAQ: FCEL ) stock is rising higher on Tuesday after the fuel cell energy company announced a collaboration with IBM (NYSE: IBM ). This agreement between the two companies will see them make use of Foundation Models to improve the performance of FuelCell Energy's technology.

FCEL Stock Alert: FuelCell Energy Announces AI Deal With IBM

Dell Technologies

Intel

While we all love, or at least come away impressed with semiconductor juggernaut Nvidia (NASDAQ: NVDA ), it's difficult not to notice the obvious: Nvidia stock is overvalued. Usually, anything involving the capital market subjects itself to debate.

3 Stocks to Buy that Could Piggyback off of Nvidia's Success

Microsoft

NVIDIA

Artificial intelligence remains a major market force, propelling a handful of technology stocks to new heights. Not only is the technology behind AI stocks likely to cause major changes in society, but it also represents a huge investment opportunity.

Strong Buy Alert: 3 Stocks Leading the Artificial Intelligence Revolution

Colgate-Palmolive

Crocs

Identiv

Coca-Cola

With about a month before Jolly Old St. Nicholas starts dropping his goodies down chimneys around the world, it's time to strategize with stocks to buy for Christmas. No, it's not just about the so-called Santa Claus rally, though this seasonal phenomenon can certainly help.

7 Stocks That Should Be on Your Christmas List This Year

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

IBM (IBM) Up 7.9% Since Last Earnings Report: Can It Continue?

JPMorgan Chase & Co

Exxon Mobil

Passive income helps investors retire with less financial stress. Passive income can take care of extra bills, but it can also cover your living expenses if you invest in dividend stocks for a long enough amount of time.

3 Must-Own Dividend Stocks for Plenty of Passive Income

Amazon

IonQ

Defiance Quantum ETF

In the dynamic world of technology, discerning investors are consistently looking for the next revolutionary trend. Currently, quantum computing stocks stand out as the frontier of tech innovation, given their critical role in reshaping sectors from finance to healthcare.

7 Quantum Computing Stocks to Unleash Your Portfolio's Power

Taiwan Semiconductor Manufacturing

Japan is hot on artificial intelligence ( AI ), and some AI stocks stand to gain more than others. Earlier this month, the Japanese government began planning a whopping $13 billion aid package to develop internal semiconductor manufacturing and advance AI tech.

Japan's Favorite AI Stocks: 3 Companies the Country Loves

Chevron

Johnson & Johnson

Looking to maximize dividend income in your retirement portfolio? Here are four high-yield dividend stocks for retirement.

4 Best High Yield Dividend Stocks For Retirement Portfolios

Bristol-Myers

Costco

McDonald's

Mondelez

Procter & Gamble

Southern Company

Based on the strong print of the major indices since late last month, the idea of deliberately targeting reliable stocks for a volatile market might seem overkill. In the past 30 days, the benchmark S&P 500 gained almost 6%.

Soothing Stocks: 7 Reliable Picks to Ease Your Market Jitters

Multiple high-profile companies have suspended advertising on X, the company formerly known as Twitter, following Elon Musk's apparent endorsement of antisemitic conspiracy theories last week.

Apple, IBM, Disney and more: Here are the companies that have pulled advertising on X

Adobe

Advanced Micro Devices

Broadcom

Marvell Technology

This large-cap legacy technology giant is a sleeper in the AI world and pays a 1.15% dividend.

7 Fast-Growing AI Stocks That Also Pay Dividends

Boeing

Lockheed Martin

Momentus

Rocket Lab USA

Virgin Galactic

Elon Musk's SpaceX launched 22 Starlink satellites early Monday, less than 48 hours after the private space company's dramatic second Starship flight test.

Space stocks climb as SpaceX caps eventful few days with Starlink satellite launch

Atmos Energy

Con Ed

Essex Property Trust

Realty Income Corp

Over the last year and a half, interest rates have jumped from historical lows of literally 0% to the highest level since 2007 at 5.5%.

5 Dividend Aristocrats Can Explode Higher When Rates Are Lowered in 2024

IBM's announcement that it's halting ads on X came a day after Elon Musk boosted an antisemitic post on his platform

IBM suspends advertising on X after report says ads ran next to antisemitic content

IBM on Thursday said it had immediately suspended all advertising on Elon Musk-owned X after a report found its ad were placed next to content promoting Adolf Hitler and the Nazi Party.

IBM suspends ads on X after corporate ads appeared next to pro-Nazi content

Alphabet

Find out how two AI giants are positioned for long-term success in the ever-changing technology sector. Looking for "the Google of AI"?

2 Reliable AI Stocks

New sustainability projects: including collaborations with The University of Sharjah (UAE); The University of Chicago Trust (India); The University of Illinois (U.S.); Instituto IGUÁ (Brazil); and Water Corporation (Australia) Training: IBM SkillsBuild launches roadmap of sustainability courses to benefit learners across communities underrepresented in technology and address market need for green and technology skills ARMONK, N.Y. , Nov. 16, 2023 /PRNewswire/ -- As vulnerable communities worldwide continue to suffer outsized effects of climate change, IBM (NYSE: IBM) is empowering innovators with cutting-edge technologies and training.

IBM Furthers Commitment to Climate Action Through New Sustainability Projects and Free Training in Green and Technology Skills for Vulnerable Communities

NextEra Energy

Sysco

Target

With the possibility that the fourth quarter's economic results might disappoint given the stellar print of Q3, investors may want to consider dividend aristocrats. If you're looking for some of the best dividend stocks for income, you can't go wrong with this label.

Storm-Proof Income: 7 Dividend Aristocrats to Fortify Your Portfolio

News for IBM Stock (IBM)