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.

AT&T

The best stocks to invest in are often strong cash-flow producers. AT&T is sticking with its free cash flow guidance as it navigates through a subscriber growth slowdown.

2 Stocks That Are Cash Flow Machines to Buy Now

ARMONK, N.Y. , Sept. 18, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced that the IBM Payments Center joined the Swift Partner Programme.

IBM Payments Center Joins Swift Partner Programme Creating New Collaboration Opportunities with Swift Members

Alphabet

Palantir Technologies

The artificial intelligence sector is forecasted to become nearly a $2 trillion market in the next seven years. Here are a trio of tech stocks with demonstrated success in AI.

3 Great Artificial Intelligence (AI) Stocks for Your IRA

Greenidge Generation Holdings

Mastercard

Despite Bitcoin ( BTC-USD ) losing its long-term support of $29,000, investors shouldn't discount the value of blockchain stocks in the short term. If one is bullish on the future of digital currencies and the underlying technology, then technical weaknesses like this might be meaningless in the long run.

The 3 Most Undervalued Blockchain Stocks to Buy in September 2023

ESPN leverages IBM's watsonx.ai to introduce enticing new features to fantasy football and enhance the user experience.

IBM Boosts ESPN Fantasy Football Experience With Watsonx.ai

New global study reflects responses from over 1,000 senior banking leaders and more than 12,000 consumers regarding their priorities and identifies significant disconnects 70% of banking executives indicate that embedded finance is either core or complementary to their business strategy, yet only 20% currently offer embedded finance solutions Ecosystem privacy and security challenges cited as top two barriers to innovation ARMONK, N.Y. and FRANKFURT, Germany , Sept.

New Study Reveals Banks Struggle to Achieve Priorities, Meet Customer Expectations Hampered by Technology Modernization Challenges and Lack of Industry Standards

Cloudflare

Opera Ltd - ADR

According to Fundstrat's Tom Lee, the U. S. economy has tremendous amounts of green flags to prevent a recession from occurring in the coming years.

Buy the Dip: 3 Tech Stocks to Snag Now for Supercharged Gains

ARMONK, N.Y. , Sept. 13, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) is announcing updates and new features made in collaboration with ESPN to the ESPN Fantasy Football app, putting the power of artificial intelligence technology built on IBM's watsonx in the hands of over 11 million fantasy football users.

IBM Brings watsonx to ESPN Fantasy Football with New Waiver Grades and Trade Grades

Verizon

Tech stocks bounced back this year from a rough 2022 thanks in part to artificial intelligence, which promises years of industry growth ahead. Here are three tech stocks that possess solid histories of dependable and stable success, important qualities for retirement accounts such as IRAs.

3 Great Tech Stocks for Your IRA

IBM's continued involvement in the U.N. effort builds on a long legacy of research and action on global challenges in collaboration with governments and civil society IBM will demonstrate the power of AI and technology in driving progress on sustainability goals and improving business efficiency ARMONK, N.Y.

IBM Announced as a Sponsor of 2023 U.N. Climate Change Conference (COP28)

Start Time: 15:00 January 1, 0000 3:46 PM ET International Business Machines Corporation (NYSE:IBM ) Bank of America Securities Global A.I. Conference 2023 September 12, 2023, 15:00 PM ET Company Participants Rob Thomas - SVP Software & Chief Commercial Officer Conference Call Participants Wamsi Mohan - Bank of America Operator Ladies and gentlemen, the program is about to begin.

International Business Machines Corporation (IBM) Presents at Bank of America Securities Global A.I. Conference 2023 (Transcript)

Broadcom

Bank of America

Cisco Systems

Goldman Sachs

NextEra Energy

Some of the best opportunities can be found in undervalued dividend stocks with growth potential. In fact, I found seven of them which have at least 2% dividend yields with relatively low valuations, and solid growth prospects ahead of them.

The 7 Most Undervalued Dividend Stocks With Growth Potential to Buy in September 2023

Amcor Plc

Franklin Resources

Leggett & Platt

Realty Income Corp

Walgreens

History proves there is no better way to create generational wealth than buying dividend stocks — especially the Dividend Aristocrats. There has not been a single decade over the last 93 years where dividend-paying stocks on the S&P 500 did not outperform non-dividend stocks.

7 Dividend Aristocrats Sporting the Highest Yields

Archer-Daniels-Midland Company

CVS Health

Dow Inc

Energy Transfer LP Unit

Ford Motor Company

ManpowerGroup

Omnicom Group

Pfizer

Philip Morris

Southern Company

Sysco

A Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. The quest to sniff-out the best dividend buys focused on 68 industry leaders using YCharts 9/7/23. Those 68 industry leaders were segmented into 21 business sectors ranging (alphabetically) from apparel to transportation. 58 dividend yielding stocks highlighted those 68 industry leaders and ranged 0.15% to 9.05% in annual yield and ranged -65.47% to 45.11% in broker-estimated one-year price-target-upsides by YCharts 9/7/23 reckoning.

4 Ideal Fortune 500 Top September Dividend Dogs

IBM (NYSE: IBM) stock price has been in a strong bullish trend this year, making it one of the best-performing big technology companies in Wall Street. The shares are sitting at their highest level on record, having soared by over 24% from the lowest level in May.

IBM stock price analysis: Is the 4.50% yield too attractive to ignore?

Start Time: 13:45 January 1, 0000 2:25 PM ET International Business Machines Corporation (NYSE:IBM ) Citi 2023 Global Technology Conference September 07, 2023, 13:45 PM ET Company Participants Rob Thomas - SVP, IBM Software and Chief Commercial Officer Conference Call Participants Tyler Radke - Citi Tyler Radke Good afternoon, everybody. Thanks for joining day two of Citi's Tech Conference.

International Business Machines Corporation (IBM) Presents at Citi 2023 Global Technology Conference (Transcript)

IBM's newly introduced solution adds an extra layer of data encryption, utilizing format-preserving encryption and anonymization technology.

IBM Enhances Data Security Across Multi-Cloud Environments

Fighting for relevance in the growing — and ultra-competitive — AI space, IBM this week introduced new generative AI models and capabilities across its recently-launched Watsonx data science platform.

IBM rolls out new generative AI features and models

- Watsonx AI and data platform to include new generative AI models and enhancements designed to help enterprises scale AI - Capabilities on display for thousands of developers at IBM TechXchange Conference Sept. 11-14 in Las Vegas ARMONK, N.Y.

IBM Advances watsonx AI and Data Platform with Tech Preview for watsonx.governance and Planned Release of New Models and Generative AI in watsonx.data

AbbVie

Colgate-Palmolive

Chevron

Essex Property Trust

Federal Realty Investment Trust

Coca-Cola

Medtronic

Target

T. Rowe Price Group

"Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 66 Aristocrats, screened as of September 1, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 15.58%-45.47% topped-by WBA & NEE. By yield, WBA topped-all Aristocrats. Top-ten Yields from ESS, ABBV, TROW, FRT, BEN, IBM, AMCR, O, MMM, & WBA, averaged 4.99%.

Dividend Aristocrats: 4 Top Dogs Plus 6 Chasers For September

Alibaba

General Motors

Lyft

PayPal

QUALCOMM

Waste Management

As a rule of thumb, investors ought to consider securities with strong volume and chart mobility as opposed to sleeper stocks. It's like baseball.

The 7 Best Sleeper Stocks to Buy Now: September 2023

ARMONK, N.Y. , Sept. 6, 2023 /PRNewswire/ -- IBM (NYSE: IBM) is notifying Janssen CarePath customers and users of an incident involving unauthorized access to personal information contained within a database used on the Janssen CarePath platform, a patient support platform that offers savings options and other patient support resources.

IBM Addresses Data Incident for Janssen CarePath Database

Johnson & Johnson

IBM said on Wednesday it is notifying customers of Janssen CarePath, a Johnson & Johnson unit, of a "data incident" involving unauthorized access of personal information.

IBM notifies J&J unit Janssen CarePath's customers of unauthorized data access

News for IBM Stock (IBM)