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

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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.

Energy Transfer LP Unit

Kohl's

LyondellBasell Industries

Altria

Prudential Financial

Starwood Property

Verizon

The Moody's bank downgrades were poo-pooed by many across Wall Street as “late to the party.

There Is Still Time to Sell the 2023 AI Rally and Grab These 8 ‘Strong Buy' Big Dividend Giants

ARMONK, N.Y. , Aug. 9, 2023 /PRNewswire/ -- As part of the continued roll-out of our enterprise-ready AI and data platform, watsonx, IBM (NYSE: IBM) plans to host Meta's Llama 2-chat 70 billion parameter model in the watsonx.ai studio, with early access now available to select clients and partners.

IBM Plans to Make Llama 2 Available within its Watsonx AI and Data Platform

Amgen

Boeing

Salesforce

Cisco Systems

Chevron

Disney

Dow Inc

Goldman Sachs

Honeywell

Intel

JPMorgan Chase & Co

Coca-Cola

Merck

Microsoft

NIKE

Travelers

Walgreens

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.”–Dow Jones & Co. The highest-yield 10 stocks are August's Dogs of the Dow: CSCO, KO, GS, AMGN, CVX, IBM, DOW, MMM, WBA, and VZ, averaged a 4.63% annual yield. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated August net-gains ranged 15.75%-33.3%, topped by VZ 8/4/23.

Buy 2 August Dogs Of The Dow, Watch 5

Amazon

Oracle

The cloud consists of data centers loaded with servers and data storage systems. All of those data centers, of course, contain huge amounts of data.

The 3 Best Cloud Computing Stocks to Buy in August

Alphabet

H&R Block

We all know the importance of artificial intelligence, which actually undergirds the enormous value of budget AI investing. According to data compiled by Statista, the value of the digital intelligence industry recently hit almost $100 billion.

Investing in AI on a Budget: 3 Undervalued Stocks You Can't Ignore

Kyndryl Holdings

Kyndryl Holdings Inc. shares rallied in the extended session Tuesday after the managed infrastructure-service company posted a surprise break-even quarter and forecast pretax profit this year.

Kyndryl's stock rallies more than 15% after IBM spinoff forecasts pretax profit this year

Archer Aviation

Evolv Technologies Holdings

iCAD

IonQ

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.

5 AI Stocks That Could Turn $50,000 Into $1 Million

Universal Display

Not all tech companies shun generous dividends; some balance tech innovation with investor returns. International Business Machines offers a robust dividend yield coupled with strong growth prospects in the booming AI market.

3 Dividend-Paying Tech Stocks to Buy in August

IBM and NASA announce the availability of watsonx.ai geospatial foundation model on Hugging Face, the leading community for open AI models.

IBM and NASA deploy open-source geospatial AI foundation model on Hugging Face

Effort aims to widen access to NASA earth science data for geospatial intelligence and accelerate climate-related discoveries YORKTOWN HEIGHTS, N.Y., Aug. 3, 2023 /PRNewswire/ -- IBM (NYSE: IBM) and open-source AI platform Hugging Face today announced that IBM's watsonx.ai geospatial foundation model – built from NASA's satellite data – will now be openly available on Hugging Face.

IBM and NASA Open Source Largest Geospatial AI Foundation Model on Hugging Face

NORTHAMPTON, MA / ACCESSWIRE / August 2, 2023 / IBM Independent research firm Verdantix recently identified IBM as a leader in their report, "Green Quadrant: ESG Reporting and Data Management Software" (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings. The rigorous analysis conducted by Verdantix included a comprehensive 115-point questionnaire, two-hour live demonstrations by suppliers and interviews with existing ESG software customers.

IBM Named a Leader in ESG Reporting and Data Management Software by Independent Research Firm

IBM TechXchange will bring together technologists from around the world and provide education through hands-on experience with the latest IBM technology ARMONK, N.Y. , Aug. 2, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced its first-ever TechXchange Conference, which will take place September 11 through September 14 at the MGM Grand Hotel in Las Vegas, Nevada.

IBM Announces Inaugural TechXchange Conference

Defiance Quantum ETF

In the fascinating landscape tech realm, quantum computing stock opportunities could prove to be incredibly lucrative over time. The notion of quantum computing, born over two decades ago, is now gaining solid traction on The Street.

Buy Alert: 3 Quantum Computing Stocks Nearing Super Attractive Entry Points

C3.ai

SAP SE

Market watchers, consumer, and government officials alike have fixed their attention on artificial intelligence (AI) this year. The technology, which had been relatively dormant in prior years, is set to become one of the most exciting and disruptive technologies of the 21st century.

Buy Alert: 3 AI Stocks Nearing Super Attractive Entry Points

AT&T

The stock market has surged this year, erasing some bargains. AT&T stock is still incredibly cheap, even considering the risks facing the telecom giant.

2 Cheap Tech Stocks to Buy Hand Over Fist

Dell Technologies

Corning

Texas Instruments

Once the genie came out of the artificial intelligence bottle, there was no way it was ever going back in.

7 Sizzling Old-School Dividend Tech Stocks Set to Soar for the Rest of 2023

Annual IBM report finds investing in AI, automation and threat intelligence delivers shorter breach lifecycles, lower breach costs.

IBM study reveals how AI, automation protect enterprises against data breaches

ARMONK, N.Y. , July 31, 2023 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors has elected Michael Miebach to the board, effective October 30, 2023.

IBM Elects Michael Miebach to its Board of Directors

American Water Works

HF Sinclair Corp

Five Below

Progressive

CarParts.com, Inc.

United Rentals

In a not exactly unexpected development, the Federal Reserve last week announced that it raised its key interest rate by a quarter percentage point, which then inherently bolsters the case for stocks to buy after a rate hike. Primarily, investors shouldn't expect much relief from policymakers.

Another Rate Hike! 7 Stocks to Buy Following the Fed's Latest Move

Most tech stocks have low or no dividend yields, but there are some tech stocks with yields over 2.5%. There's even a handful with yields pushing 5%. One relatively high yield tech stock is HP Inc, which Berkshire Hathaway has been buying in recent quarters.

3 Tech Stocks That Are Bursting With Yield

Darden Restaurants

General Motors

GlaxoSmithKline

Restaurant Brands

It's nice to own stocks that are well-positioned to rally and pay you for waiting for them to do so. That's especially true for older investors who want to buy stocks, and generate income.

If You Can Only Buy One Dividend Stock, It Better Be One of These 7 Names

News for IBM Stock (IBM)