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 reiterated its revenue and profit forecast for the full year, having completed its acquisition of cloud cost management software maker Apptio in August.

IBM software sales up 8% as the company beats on top and bottom lines

CEO Arvind Krishna said the company is in a much better position in terms of free cash flow.

IBM Earnings Edge Estimates. CEO Says AI Bet Is Starting to Pay Off.

IBM is scheduled to report earnings after Wednesday's close. Here's a closer look at what the Street expects.

What To Expect From IBM's Earnings Today

Expanded alliance brings complementary skillsets to strengthen client outcomes NEW YORK and ARMONK, N.Y. , Oct. 24, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) and KPMG LLP announced they are expanding their alliance to help enable business transformations for clients implementing SAP S/4HANA® across the energy and utilities industry.

IBM and KPMG US Announce Plans to Deliver Innovative SAP Business Transformation in Energy & Utilities

IBM Consulting and payments and data company Deluxe joined forces to develop a receivables automation solution aimed at optimizing cash flow for corporations. The collaboration brings together Deluxe's receivables automation software and IBM Consulting's operational expertise to streamline processes and drive savings, the companies said in a Monday (Oct. 23) press release.

IBM Consulting and Deluxe Partner to Optimize Cash Flow

In the third quarter, the Consulting segment of IBM is likely to have recorded healthy revenues with significant traction from the Technology Consulting business.

Can Solid Consulting Revenues Benefit IBM's Q3 Earnings?

Intel

Silicon Motion Technology

In the third quarter, the Software segment of IBM is likely to have recorded higher revenues year over year driven by innovative products and services.

Will Software Revenue Improvement Buoy IBM's Q3 Earnings?

NXP Semiconductors

IBM's Watson focuses on enterprise-grade AI services, leaving consumer-facing toys to others. NXP Semiconductors is a leader in embedded computing, poised to excel as AI pops up in your pocket and your car.

2 Top Artificial Intelligence (AI) Stocks Ready for A Bull Run

Computing behemoth IBM is slated to report its Q3 2023 results on October 25 reporting on a quarter that is likely to have seen IT spending remain lackluster.

With Stock Down 1% YTD, Will Lackluster IT Spending Impact IBM's Q3 Results?

IBM has announced an expansion of its collaboration with Amazon Web Services (AWS) to further advance the development of generative artificial intelligence (AI) tools. The partnership aims to assist mutual clients in operationalizing and deriving value from generative AI, according to a Wednesday (Oct. 18) press release from IBM.

IBM Expands Partnership With AWS to Boost Generative AI Solutions

IBM today expanded its partnership with AWS to re-engineer key enterprise solutions with generative AI capabilities.

IBM expands AWS partnership to bring generative AI to call centers, supply chains

IBM is expected to have recorded higher aggregate revenues year over year in third-quarter 2023 primarily driven by healthy cloud demand.

Will Healthy Top-Line Improvement Buoy IBM's Q3 Earnings?

SEATTLE--(BUSINESS WIRE)--Skytap announces integration with Precisely Assure MIMIX to offer High Availability and Disaster Recovery for cloud-based IBM i workloads.

Skytap Announces Integration with Precisely Assure MIMIX to Offer High Availability and Disaster Recovery Solution for Cloud-Based IBM i Workloads

SALT LAKE CITY--(BUSINESS WIRE)-- #CLM--Sirion announces a collaboration to embed IBM watsonx to redefine CLM for enterprises.

Sirion Partners with IBM to Accelerate Enterprise Contract Management with AI-Powered Contract Lifecycle Management

Archer-Daniels-Midland Company

Aflac

BHP Billiton

Cummins

Corteva Inc

Dominion Energy

Discover

Dow Inc

Con Ed

Elevance Health Inc

Emerson Electric

Fortune Brands Innovations Inc

FirstEnergy

W.W. Grainger

Johnson & Johnson

Nordstrom

Jackson Financial

KeyCorp

Kraft Heinz

Kroger

Lockheed Martin

LyondellBasell Industries

Dividend Income Summary: Lanny's September 2023 Summary

Camden Property

PepsiCo

Vici Properties

We have narrowed our search to five large-cap low-beta stocks with a solid dividend yield. These are: IBM, PEP, KHC, CPT, VICI.

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Micron Technology

ServiceNow

While Nvidia reigns supreme among AI stocks in 2023, its high valuation may limit future price gains. ServiceNow and Micron Technology provide alternative AI investment avenues with their distinct market positions and collaborations.

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Walgreens

2 Top Dividend Stocks To Watch Right Now

McDonald's

Pfizer

QUALCOMM

Schwab US Dividend Equity ETF

SPDR Portfolio Total Stock Market ETF

SPDR Portfolio S&P 500 High Dividend ETF

Target

T. Rowe Price Group

Texas Instruments

Vanguard High Dividend Yield ETF

Exxon Mobil

Bert and his wife received $3,570.87 in September dividend income. This was a 16.52% dividend increase compared to September 2022. The stock and ETF split in the month of September was 45% ETF to 55% stock. Through investment in DRIP and dividend increases, Bert saw his income grow significantly for some of his positions.

Bert's September Dividend Income Summary

ARMONK, N.Y. , Oct. 10, 2023 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its third-quarter 2023 financial results on Wednesday, October 25, 2023 at 5:00 p.m.

IBM to Announce Third-Quarter 2023 Financial Results

EY .ai Workforce, a new solution powered by IBM watsonx Orchestrate,  uses artificial intelligence to automate HR tasks and processes and transform operations LONDON , Oct. 10, 2023 /PRNewswire/ -- The EY organization and IBM (NYSE: IBM) today announced the launch of EY.ai Workforce, an innovative HR solution that helps enable organizations to integrate artificial intelligence (AI) into their key HR business processes. This marks a pivotal next step in the collaboration between the companies and a significant milestone in the role of AI increasing productivity within the HR function.

EY and IBM launch artificial intelligence solution designed to help increase productivity and drive efficiencies within HR

Accenture Plc

Hewlett Packard

Juniper Networks

NetApp

Raytheon Technologies

Undeniably, the innovation space has been the darling of Wall Street, although shifting sands may prompt a discussion about tech dividend stocks. The tech-centric Nasdaq Composite index gained over 29% since the start of the year, well above the benchmark S&P 500's performance of under 13% during the same period.

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IBM has struggled in the past to turn its AI innovations into real businesses. The company is now focused on helping clients transform themselves for the AI era.

This Iconic Artificial Intelligence Stock Is Hiding in Plain Sight

News for IBM Stock (IBM)