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.

IBM Corp missed Wall Street expectations for first-quarter revenue on Wednesday, hurt by shrinking corporate spending on IT services and a strong dollar.

IBM misses first-quarter revenue estimates as corporate IT spending shrinks

GlobalFoundries

The chip maker claims that IBM violated its intellectual-property rights.

GlobalFoundries Files Trade-Secrets Lawsuit Against IBM

Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp , accusing it of unlawfully sharing confidential intellectual property and trade secrets.

GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan's Rapidus

Morgan Stanley

Tesla

Investors were cautious ahead of another batch of U.S. earnings that include Tesla Inc, Morgan Stanley and International Business Machines Corp.

U.S. futures soft as traders eye results from Morgan Stanley, Tesla and IBM

Kinder Morgan

Las Vegas Sands

In early trading on Tuesday, the Dow Jones industrials were down 0.14% while the S&P 500 was up 0.31% and the Nasdaq 0.46% higher.

Earnings Previews: IBM, Kinder Morgan, Las Vegas Sands, Tesla

IBM is generating stable sales growth again after its spin0off of Kyndryl. Most of that growth has been driven by its hybrid cloud services.

3 Things Smart Investors Know About IBM Stock

IBM Sold Off While The Market Rebounded, But There Is An Opportunity

IBM is likely to have recorded lower revenues from the Software segment in first-quarter 2023 due to the challenging macroeconomic environment.

Will Lower Software Revenues Dent IBM's Earnings in Q1?

IBM is likely to have recorded healthy revenues from the Consulting segment in first-quarter 2023 with significant traction from the Technology Consulting business.

Can Healthy Consulting Revenues Buoy IBM's Q1 Earnings?

Siemens Digital Industries Software and IBM (NYSE: IBM) today announced they are expanding their long-term partnership by collaborating to develop a combined software solution integrating their respective offerings for systems engineering, service lifecycle management and asset management.

Siemens and IBM collaborate to accelerate sustainable product development and operations

For International Business Machines Corp., earnings may need to be “nearly pristine” to preserve the stock in a tough environment for companies' tech-budget decisions.

IBM said to need ‘nearly pristine' earnings report to protect its stock

iCAD

Schrodinger 

AI will be transformative for many industries because the technology allows companies to both save a great deal of money and generate much more revenue. On the savings front, AI can cheaply do many human tasks.

3 Industries Set to Be Transformed by the AI Revolution

Apple

Ameriprise Financial

Aptargroup

American Water Works

Costco

Discover

FactSet Research Systems

First Financial Bankshares

H.B. Fuller

W.W. Grainger

Johnson & Johnson

Lithia Motors

Lakeland Bancorp

Lindsay

MetLife

Procter & Gamble

PNC Financial Services

Portland General Electric

Southern Company

Sonoco Products

Sysco

Travelers

Procter & Gamble extended its dividend growth streak to 67 years in the first two weeks of April with a 3% increase. Most of the increases I expected in the first half of April will actually occur in the upcoming week.

Apple Among 14 Companies To Announce Dividend Growth In Late April

Intel

Exciting stocks don't always produce great returns. IBM is more than 100 years old, but it's reinvented itself once again and is a leader in the hybrid cloud computing market.

2 Old-School Tech Stocks to Buy Now

Aflac

Lockheed Martin

Oracle

PepsiCo

SpartanNash

Target

T. Rowe Price Group

Vanguard S&P 500 ETF

Vanguard High Dividend Yield ETF

In March, we (my wife and I) received a dividend income total of $5,707.34. Target, Lockheed Martin and T. Rowe Price are 3 dividend growth stocks that sent massive dividend payments our way, all over $100 and even all over $125 each.

Dividend Income Summary: Lanny's March 2023 Summary

Alibaba

Alphabet

Honeywell

Microsoft

First Trust Nasdaq Artificial Intelligence & Robotics ETF

Quantum computing is a relatively new type of computer programming that incorporates quantum mechanics into a machine's functionality. This may result in faster computer processing, especially when working with large data sets.

Investing in Quantum Computing: A Guide

IBM is expected to have recorded higher aggregate revenues in first-quarter 2023 year over year, despite a challenging macroeconomic environment and softness in traditional businesses.

Will Marginally Higher Revenues Benefit IBM's Q1 Earnings?

LONDON , April 14, 2023 /PRNewswire/ -- The EY organization and IBM (NYSE: IBM) today announced that EY Global Services Limited will be joining the IBM Quantum Network, further enabling EY teams to explore solutions with IBM that could help resolve some of today's most complex business challenges. The EY organization will gain access to IBM's fleet of quantum computers over the cloud, and will become part of the IBM Quantum Network's community of organizations working to advance quantum computing.

EY and IBM expand strategic alliance into quantum computing

International Business Machines Corporation is in the middle of a turnaround, streamlining its business after many years of aggressive acquisitions. IBM Revenue forecasts, however, remain depressed.

Should You Buy The IBM Turnaround?

IBM is streamlining its operations in order to focus on its core hybrid cloud and artificial intelligence businesses.

IBM Mulling Divestiture of Weather Business for Core Focus

IonQ

Taiwan Semiconductor Manufacturing

Quantum computers could potentially revolutionize multiple industries with their unparalleled efficiency and scalability compared to transistor-based CPUs. Analysts point to an estimated $125 billion market up for grabs by the conclusion of the current decade.

The 3 Most Promising Quantum Computing Stocks to Buy in April

As the market heats up, investors are looking for the best quantum computing stocks to buy. Quantum computing is evolving at breakneck speed.

3 Quantum Computing Stocks Sitting in the Sweet Spot

International Business Machines Corp. IBM is considering selling its weather operation, the Wall Street Journal reported on Wednesday. An auction for the segment, which includes forecasting service Weather.com and The Weather Co.'s business and cloud-focused operations, is in an early phase, the Journal said, citing people familiar with the matter, with private equity the most likely purchaser.

IBM weighing sale of weather business: WSJ

News for IBM Stock (IBM)