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.

International Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News

Alphabet

Microsoft

Adobe

Baidu

Intuit

SoundHound AI Inc

While artificial intelligence appears to be all the rage these days, investors may want to target a specific subsegment called generative AI stocks. According to McKinsey & Company, generative AI describes algorithms that can be used to create new content.

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MetLife

Raytheon Technologies

International Business Machines stock is in the red so far this year, but the company just marked 28 straight years of dividend increases.

IBM, Raytheon, and MetLife Boost Dividends

Big Blue worked in the field of artificial intelligence for decades, capturing headlines in the 1990s and 2010s in classic human-vs.-machine contests such as chess.

Is IBM a Good AI Stock to Buy Right Now?

Disney

No matter how much you have to invest, choosing good companies that are trading at fair prices is always important. IBM should steadily grow by helping clients modernize with hybrid cloud and AI services.

2 Value Stocks to Buy With $1,000 Right Now

Energy Transfer LP Unit

Kohl's

LyondellBasell Industries

Altria

Prudential Financial

Starwood Property

Verizon

While the first third of 2023 has been a pleasant change from the dreadful results of 2022, only a handful of big tech stocks are responsible for most of the gains in the S&P 500 this year.

Sell Any and All Bear Market Rallies and Buy These Safe-Haven Stocks With Huge Dividends

Johnson & Johnson

Morgan Stanley

Netflix

Procter & Gamble

Charles Schwab

Taiwan Semiconductor Manufacturing

With the first three months of the year behind us, it's now earnings season. Accordingly, investors looking for strong buys have a list of companies to choose from.

7 Stocks That Are Strong Buys on the Heels of Impressive Earnings

Oracle

Not every great AI stock is a start-up. IBM has been working on AI for a long time, and it uses the technology to help its clients.

2 AI Stocks to Buy Now

IBM: Another Penny Dividend Raise

General Motors

Honeywell

Daily Dividend Report: General Motors, Raytheon Technologies, IBM, Honeywell, Eaton

ARMONK, N.Y. , April 25, 2023 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.66 per common share, payable June 10, 2023 to stockholders of record as of May 10, 2023.

IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 28th CONSECUTIVE YEAR

WALTHAM, Mass.--(BUSINESS WIRE)--Rocket Software, a global technology leader that develops enterprise software for some of the world's largest companies, today announced enhancements to its Open Source Solutions for z/OS, Rocket® Open AppDev for Z and Rocket® Support for Zowe™—an open-source framework for z/OS from Open Mainframe Project™—to further modernize mainframe DevOps, application development, and UNIX Systems Services (USS) administration while ensuring security and compliance.2 Organi.

Rocket Software Strengthens Investments in Open-Source Solutions for z/OS®, Underscoring Commitment to IBM® zSystems™ Security, Compliance, and Innovation1

Brandywine Realty

Cal-Maine Foods

FAT Brands

Medical Properties Trust

AT&T

In certain circumstances, high-yield dividend stocks can be great opportunities. However, often, they are well within the “stocks to avoid” category.

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Alibaba

Tencent Holdings Limited

Three Chinese companies make the list of the cheapest AI stocks. Two U.S. AI leaders are also more attractively valued than many of their peers.

The 5 Cheapest Top AI Stocks on the Market Right Now

Bit Digital, Inc

Coinbase

NVIDIA

PayPal

Riot Blockchain

Visa

We all know that the cryptocurrency sector imposes significant volatility on would-be participants, thus making blockchain stocks quite attractive. Rather than exclusively focusing on the wild gyrations of market sentiment, these enterprises seek to leverage (to varying degrees) blockchain technology.

7 Blockchain Stocks to Buy for Investors Scared of Cryptos

Amazon

Mastercard

A blockchain network is a distributed ledger full of “blocks” of data that make up an immutable chain. Two compelling features of blockchain ledgers are that they cannot be modified retroactively, making them very secure.

3 Blockchain Companies That Could Revolutionize Industries

Like its cloud peers, IBM experienced slower revenue growth. A low forward P/E ratio and a generous payout could draw value investors.

IBM's Earnings Release Shows It's an Excellent Choice for One Type of Investor

Intercontinental Exchange

ARMONK, N.Y. , April 24, 2023 /PRNewswire/ -- IBM (NYSE: IBM) announced today that it is collaborating with the New York Stock Exchange (NYSE), part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, to help support NYSE-listed companies with their environmental, social, and governance (ESG) efforts.

IBM to Help Support NYSE Listed Companies with their ESG Efforts

Modernized, unified interface streamlines analyst response across full attack lifecycle Sophisticated AI and automation capabilities shown to speed alert triage by average of 55%1 ARMONK, N.Y. , April 24, 2023 /PRNewswire/ -- Today IBM (NYSE: IBM) unveiled its new security suite designed to unify and accelerate the security analyst experience across the full incident lifecycle.

IBM Launches New QRadar Security Suite to Speed Threat Detection and Response

IBM reported first-quarter earnings that may have reassured dividend stock investors.

Is IBM a Safe Dividend Stock Now?

Apple

Big Tech earnings are on deck this week. Why that matters

Moderna

Moderna plans to use IBM's AI and quantum computing platforms in its mRNA research. The biotech's CEO aims for “breakthrough advances.

Can This AI Deal With IBM Be a Game-Changer for Moderna?

Curaleaf Holdings, Inc.

IBM's first-quarter results were “better than feared” after higher margins counteracted the computing firm's revenue miss, said Wedbush.

IBM impresses, good news for Curaleaf, and junior resource companies shine in the analyst calls of the week

IBM's (NYSE: IBM) share price is struggling to hold gains inspired by the Q1 earnings report, and they may move lower but don't take this as a signal to sell. The results failed to sustain a rally, but they aren't bad.

No, It Isn't Time To Sell IBM Stock

News for IBM Stock (IBM)