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.

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Intel

Johnson & Johnson

JPMorgan Chase & Co

UnitedHealth Group

Verizon

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 May's Dogs of the Dow: JNJ, GS, CSCO, AMGN, CVX, DOW, IBM, MMM, WBA, and VZ, averaged a 4.65% annual yield.

May Dogs Of The Dow: Buy 2, Watch 4

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Amcor Plc

Hormel Foods

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McDonald's

Exxon Mobil

While the equities market has performed decently well this year, momentum noticeably faded in the past month, warranting a closer look at the dividend aristocrats to buy and hold. These enterprises command 25 years of consecutive dividend increases, offering a steady hand during troubled times.

7 Dividend Aristocrats to Buy and Hold Forever

American Tower

Oracle

Texas Instruments

AT&T

The market is full of legacy technology companies whose stocks have fallen on hard times. Some of these companies have been around for nearly 100 years and are well-known household names.

Don't Miss Out. 7 Legacy Tech Stocks Primed for a Comeback.

IBM debuted the Watson brand more than a decade ago, but the tech giant has been unable to turn it into a successful product. IBM is repurposing the brand for its watsonx suite of AI products, aimed at helping enterprise customers build, deploy, and manage their own AI models.

IBM Resurrects Watson to Ride the AI Hype Train

Company debuts IBM Quantum Safe Roadmap alongside portfolio of technology to simplify and enable comprehensive migration to secure critical data against potential future attacks ARMONK, N.Y. and ORLANDO, Fla.

IBM Unveils End-to-End Quantum-Safe Technology to Safeguard Governments' and Businesses' Most-Valuable Data

International Business Machines Corp. launched its hat into the ring of artificial-intelligence platforms meaning to cash in on the current wave of interest in AI on Tuesday.

IBM rolls into AI arms race with Watsonx

Blue-chip tech name IBM (NYSE:IBM) today launched WatsonX, a new, all-in-one artificial intelligence (AI) tool that will help companies with their AI integration.

IBM Unveils All-In-One AI Integration Tool

International Business Machines Corp on Tuesday launched watsonx, a new artificial intelligence and data platform to help companies integrate AI in their business.

IBM unveils new watsonx, AI and data platform

IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools to build AI models and provide access to pretrained models for generating computer code, text and more.

IBM intros a slew of new AI services, including generative models

IBM is out with WatsonX, its biggest artificial intelligence bet since the original Watson

IBM takes another shot at Watson as A.I. boom picks up steam

Watsonx is a new platform to be released for foundation models and generative AI, offering a studio, data store, and governance toolkit New Watson products infused with foundation models and generative AI to be launched for code, AIOps, digital labor, security, and sustainability New collaboration with Hugging Face will work to bring the best of open-source AI models to the enterprise on the watsonx platform IBM Consulting announces a Center of Excellence for generative AI with over 1000 AI experts ready to implement clients' business transformation with enterprise-grade AI ARMONK, N.Y. , May 9, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) at its annual Think conference, announced IBM watsonx, a new AI and data platform to be released that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data.

IBM Unveils the Watsonx Platform to Power Next-Generation Foundation Models for Business

IBM's new Watsonx product platform helps organizations build and manage AI models, including generative AI, as well as provide AI governance.

IBM CEO sees a future for generative AI with Watsonx in the enterprise

Amazon

Alphabet

Microsoft

Artificial intelligence (AI) is one of the fastest-growing technologies, and its influence is only set to increase with the industry expected to be worth $1 trillion in the next five years.

Top 4 AI stocks to buy in May

AbbVie

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Duke Energy

Archer-Daniels-Midland Company

NextEra Energy

While there's nothing quite as exciting as betting everything on a hot growth enterprise, prudent investors may want to consider the best dividend stocks for market crash. In late April, CNBC reported that investors face the threat of persistently higher inflation while simultaneously digesting a bleak economic outlook.

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Chegg

Duolingo

Legalzoom.com

As AI continues its rapid ascent, major companies across various industries are grappling with disruption, forcing them to adapt or face obsolescence.

The AI Effect: Top Companies Struggle to Adapt

Medical Properties Trust

Medical Properties Trust offers a much higher dividend yield and a lower valuation than IBM. However, IBM's growth prospects and financial position look better than MPT's.

Better High-Yield Dividend Stock: IBM or Medical Properties Trust?

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On 5/9/23, International Business Machines, United Rentals, and Mueller Water Products will all trade ex-dividend for their respective upcoming dividends.

Ex-Dividend Reminder: International Business Machines, United Rentals And Mueller Water Products

Moody's

Buffett's lessons on losing can be just as valuable as his winners.

Buffett's Tech Stock Mistake, and 1 Sneaky Winner That Made Berkshire Billions

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Southern Co 5.25 % Notes 2017-01.12.77 Global Series 2017B

Sonoco Products

All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.2% and a median increase of 7.6%.

14 Upcoming Dividend Increases, Including One Dividend King

News for IBM Stock (IBM)