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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Sponsored: Tips for Investing A financial advisor can help you understand the advantages and disadvantages of investment properties.

2023 Dogs of the Dow

Alphabet

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A new year could bring a new beginning for these prominent cloud stocks.

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To say that 2022 has been a tough year for equities is an understatement, especially given the euphoria of the past two years.

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Dell Technologies

Corning

Juniper Networks

For over 10 years, technology stocks led the stock market higher. It seemed like all that investors needed to do was buy one or all of the FAANG stocks, the five of the best-performing tech-centric stocks of the past decade — Facebook (now Meta Platforms), Amazon, Apple, Netflix and Google (now Alphabet) — and huge gains were inevitable.

Tech Stocks Hit Hardest Since 2008 Collapse: 7 ‘Strong Buy' Sector Leaders for 2023 Pay Big Dividends

With healthy fundamentals, better business mix and improving operating leverage, IBM appears to be a solid investment option at the moment.

Here's Why IBM is a Smart Portfolio Pick in Volatile Market

IBM delivered remarkably good returns for 2022. The shares have been boosted by the broad shift to value, along with delivering solid results.

IBM Benefits From Turnaround Efforts And Value Rotation

Booking Hlds

Cheniere Energy

ServiceNow

Visa

Volkswagen AG

Wells Fargo

America's economic statistics continue to suggest that fears about an imminent recession and a corporate earnings collapse are way overblown. For example, during the recent holiday shopping season, sales climbed 7.6% year-over-year.

Our Predictions for the Top 7 Blue-Chip Stocks for 2023

After a dreadful 2022, many stock investors will be looking at their year-end statements and trying to make some decisions on where to reallocate assets in 2023.

5 Dow Stocks With the Biggest Dividends Could Be Huge 2023 Winners

The 111-year-old hardware, software and consulting conglomerate is benefiting from changing investor sentiment and a preference for cash over growth.

IBM beat all its large-cap tech peers in 2022 as investors shunned growth for safety

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IBM: Undervalued With A Huge Hybrid Cloud Opportunity

Texas Instruments

Intel's high yield is tempting, but I just can't get myself to pull the trigger when I compare it to IBM and Texas Instruments.

I'm Passing on Intel Because IBM and Texas Instruments Are Better

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Artificial intelligence is the next great technological advancement that will change the way we do many things. Here are the companies leading the way from technological standpoint and an investor perspective.

Want To Invest In Artificial Intelligence? Here Are 6 Front Runners In Machine Learning

Companies that excel at being "boring" are great ways to beat the market in distressing times.

How IBM Got Itself Back on Track and Beat the Market in 2022

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General Motors

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Johnson & Johnson

Nordstrom

Shell PLC

AT&T

Our 10 favorites from last year handily beat the market. Why we now like Alphabet, Bank of America, Medtronic, and seven others.

Our 10 Favorite Stocks for 2023

IBM Financial Services Cloud Council grows to more than 120 members from 70+ banks to help mitigate systemic risk in the industry Council leverages collective intelligence of BNP Paribas, Discover Financial Services, Banco Sabadell, Banco Bradesco, Nationwide, Virgin Money and more ARMONK, N.Y. , Dec. 15, 2022 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced it is working with the Cloud Security Alliance -- a global not-for-profit dedicated to defining standards, certifications, and best practices to help ensure secured cloud computing -- that aims to further advance security and risk management of cloud within financial services.

IBM Helps Financial Services Industry Manage Risk and Regulations with CSA

Quantum Computing

Microsoft

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Our 3 Top Quantum Computing Stock Picks for 2023

Dow Jones stock IBM is surging and breaking an eight-year downtrend on strong volume after news of its partnership with Japan's Rapidus. The post IBM Breaks Long Downtrend, Surges On Japanese Partnership After China Sanctions appeared first on Investor's Business Daily.

IBM Breaks Long Downtrend, Surges On Japanese Partnership After China Sanctions

IBM is back in the swing of things, and its remaining business segments have generated 8.92% YoY growth in the first 9 months of 2022. IBM has been on an acquisition spree as they have acquired 8 companies in 2022 and more than 25 since Mr. Krishna became CEO.

IBM: This 4.49% Yielding Dividend Aristocrat Can Outperform In 2023

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Baidu

Coupang

Lam Research

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Merck

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I was wrong to rate IBM as Sell two years ago, and I should have given the new management more time. IBM now looks more promising as it has achieved some sales growth over the last two years.

IBM's Turnaround: Promising Progress But Continued Challenges

News for IBM Stock (IBM)