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.

Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it's found a buyer for The Weather Company, the weather forecasting and information company it acquired in 2015.

IBM sells The Weather Company assets to Francisco Partners

IBM (NYSE:IBM) will keep its attention and resources focussed only the metaphoric cloud going forward, as it today announced the sale of its weather media interests which include The Weather Channel. The Weather Company, the holding company that owns the channel and associated assets, is being sold to private equity buyer Francisco Partners with the deal comprises all IBM's digital consumer-facing offerings including the TV channel along with the weather.com website and domain.

IBM sharpens AI focus as with sale of Weather Channel assets to private equity buyer

IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

IBM selling The Weather Channel and the rest of its weather business

Upon close, The Weather Company to become standalone company, unlocking new growth potential ARMONK, N.Y. and SAN FRANCISCO , Aug. 22, 2023 /PRNewswire/ -- IBM (NYSE: IBM) and Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, today announced that the two companies have signed a definitive agreement under which Francisco Partners will acquire The Weather Company assets from IBM.

Francisco Partners to Acquire The Weather Company Assets from IBM

As working age populations decline, Krishna said AI presents one of the only solutions to addressing potential productivity shortfalls.

IBM CEO says AI will impact white-collar jobs first, but could help workers instead of displacing them

IBM is designing this product to refactor, transform, and validate COBOL code to help speed time-to-value and augment skills for critical application modernization on IBM Z The product will be enabled by a 20 billion parameter large language model (LLM) for code ARMONK, N.Y. , Aug. 22, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced watsonx Code Assistant for Z, a new generative AI-assisted product that will help enable faster translation of COBOL to Java on IBM Z and enhances developer productivity on the platform.

IBM Unveils watsonx Generative AI Capabilities to Accelerate Mainframe Application Modernization

Honeywell

IonQ

D-Wave Quantum Inc

Rigetti Computing

In the dynamic realm of technological investment, few areas garner as much attention and promise as quantum computing stocks. As experts continue to unravel the complex potentials of quantum mechanics, there's a heightened interest in discerning which stocks stand out from the crowd.

5 ‘Strong Buy' Quantum Computing Stocks You Should Be Loading Up On Now

IBM's Q2 2023 financial results showed mixed performance, with software and consulting sectors driving growth while the infrastructure sector faced challenges. The company's focus on AI and hybrid cloud computing has contributed to its success in the software sector. Technical analysis suggests a bullish outlook for IBM's stock price, with potential opportunities for long-term investors.

IBM: A Buy For The Next Market Surge (Technical Analysis)

Boeing

Disney

AT&T

Walgreens

Blue-chip stocks are considered a more conservative way to invest, relative to more speculative names like early-stage growth stocks or penny stocks. However, that doesn't mean owning them offers a guaranteed path to solid returns.

7 Sorry Blue-Chip Stocks to Sell in August Before It's Too Late

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

IBM (IBM) Up 1.7% Since Last Earnings Report: Can It Continue?

Analysts at Melius Research think IBM's consulting business could use AI to cut labor costs through automation

This old-school tech name's consulting business could get a huge boost from AI

ARMONK, N.Y. , Aug. 17, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) is expanding its collaboration with Microsoft to help joint clients accelerate the deployment of generative AI - and deliver a new offering that will provide clients with the expertise and technology they need to innovate their business processes and scale generative AI effectively.

IBM Consulting Collaborates with Microsoft to Help Companies Accelerate Adoption of Generative AI

Artificial Intelligence is a hot trend, but investors should focus on companies with near-term profit potential and those that will benefit from the hype. IBM is well-positioned to help companies implement their AI strategies and capitalize on the AI trend, with a track record and expertise in the field. IBM's WatsonX offering provides comprehensive solutions for companies to develop cohesive AI strategies, making it a key player in the AI revolution.

IBM: One Stop Artificial Intelligence Shop For Global Business

Melius Research analyst Ben Reitzes says investors are overlooking the likely demand for IBM's consultants to help companies implement artificial intelligence.

IBM Stock to Benefit From AI Sooner Rather Than Later, Analyst Says.

International Business Machines Corp. (NYSE:IBM) has commenced hiring for artificial intelligence (AI)-focused roles to execute the company's plan of replacing nearly 8,000 roles at the company with AI. The company's CEO Arvind Krishna said in May that 30% of IBM's back-office functions, specifically human resources, would be replaced by AI over five years, replacing about 7,800 jobs.

IBM hiring AI specialists as company plans to replace nearly 8,000 jobs with automation

ARMONK, N.Y. , Aug. 15, 2023 /PRNewswire/ -- IBM (NYSE: IBM) and the United States Tennis Association (USTA) today announced digital fan features to appear on USOpen.org and the US Open app, including Artificial Intelligence (AI) generated spoken commentary.

IBM and the USTA Add Generative AI Commentary and AI Draw Analysis to the 2023 US Open Digital Platforms

Broadcom

Intel

Artificial intelligence (AI) could add $15.7 trillion to the global economy by the turn of the decade. Two income stocks with long-term AI ambitions have the tools needed to make patient investors richer.

2 Artificial Intelligence (AI) Dividend Stocks You Can Confidently Buy Now and 1 High-Yield AI Dividend Stock to Avoid

AbbVie

Home Depot

Johnson & Johnson

Kroger

Philip Morris

Sempra Energy

While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consider the relative safety of dividend stocks to buy. Notably, in the trailing month, the benchmark S&P 500 index went absolutely nowhere.

7 Dividend Stocks to Buy as Investor Sentiment Falters

Millions of Americans had their sensitive medical and health information stolen after hackers exploiting a zero-day vulnerability in the widely used MOVEit file transfer software raided systems operated by tech giant IBM.

Millions of Americans' health data stolen after MOVEit hackers targeted IBM

ADTRAN Holdings Inc

Seagate Technology Holdings PLC

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

These 3 Tech Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Adtran (NASDAQ:ADTN), IBM (NYSE:IBM)

IBM said Thursday that it officially completed its all-cash $4.

IBM completes $4.6B acquisition of Apptio

C3.ai

Upstart Holdings

Investors continue to rush into AI's potential trillion-dollar opportunity, but some caution is due as some AI stocks over-inflate amidst competition from tech giants. Indeed, the valuations of many AI stocks now carry prices in years and years of growth.

Ready to Roar: 3 AI Stocks with 100% Upside Potential

Amcor Plc

Air Products and Chemicals

Franklin Resources

Chevron

Essex Property Trust

Federal Realty Investment Trust

Medtronic

NextEra Energy

Realty Income Corp

Sysco

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 August 9, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net gains ranged 15.54%-31.28% topped by TGT and NEE. By yield, WBA topped-all Aristocrats. Top-ten Yields from ESS, ABBV, FRT, BEN, TROW, IBM, AMCR, O, MMM, & WBA, averaged 4.78%.

3 Dividend Aristocrat Buys For August And 6 To Watch

Alphabet

Microsoft

Quantum computing is a rapidly emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers. To function, quantum computers use subatomic particles, such as electrons or photons, to represent and manipulate information in quantum bits (qubits).

3 Quantum Computing Stocks You Better Be Buying on Each and Every Dip

With close of transaction, immediate synergies to be driven with IBM's IT Automation Portfolio ARMONK, N.Y. , Aug. 10, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has completed its acquisition of Apptio Inc. after receiving all required regulatory approvals.

News for IBM Stock (IBM)