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 said on Tuesday it is partnering with Rapidus, a newly formed chip maker backed by the Japanese government, to help it manufacture the most advanced chips currently available.

IBM partners with new Japanese chip maker, Rapidus, to make advanced chips

Rapidus, a Newly-Formed Advanced Logic Foundry, Will Leverage IBM's Semiconductor R&D Leadership, Including 2 Nanometer Node Technology TOKYO , Dec. 12, 2022 /PRNewswire/ -- IBM (NYSE: IBM) and Rapidus today announced a joint development partnership to advance logic scaling technology as part of Japan's initiatives to become a global leader in semiconductor research, development, and manufacturing. Rapidus Corporation researches, develops, designs, manufactures, and sells advanced logic semiconductors, and was established with the endorsement of major Japanese companies.

IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan

IBM did not make much noise but certainly performed well in 2022. Its 28th consecutive annual dividend increase is expected in 2023.

IBM 2023: A Hybrid Stock

IBM's dividends have left a strong mark in the variance between total return and price return. We measure different facets of IBM's dividend profile and compare those to other tech alternatives within the Dow Jones.

Is IBM A Good Dividend Stock?

Admittedly, 2022 has been a forgettable year for investors. However, the fall in prices may have created some excellent bargains.

Should You Buy IBM Stock Before 2022 Is Over?

International Business Machines Corp. (NYSE: IBM) has a market cap of $132 billion.

IBM Remains Big Tech's Disaster

Cisco Systems

Microsoft

Yes, risk-averse investors can earn respectable returns.

3 Software Stocks That Will Keep Your Retirement Account Safe

EPAM Systems

This week, most investors and consumers are focused on OpenAI's ChatGPT. The new innovation from the privately held artificial intelligence (AI) startup is taking the world by storm.

3 Stocks to Buy to Profit From AI Chatbots

Deere & Company

The recent performance of Deere and IBM has been impressive. This certainly supports the narrative that these iconic companies are strong investments during economic uncertainty.

Time to Buy These Iconic Stocks for 2023?

International Business Machines Corp. said late Wednesday it will acquire government-focused digital transformation services company Octo from private-equity firm Arlington Capital Partners, in a move aimed at sharpening its focus on shepherding the federal government into the digital age.

IBM acquires software company Octo from Arlington Partners to expand federal government services

Boeing

Salesforce

Disney

NIKE

UnitedHealth Group

Visa

While the 30 companies listed under the venerable Dow Jones Industrial Average, not all securities can succeed at the same time, necessitating an uncomfortable discussion about which Dow stocks to sell. Given the rough year we've had along with a questionable macroeconomic backdrop for next year, investors may want to jettison some problematic market ideas.

7 Dow Stocks to Sell Before They Dive in 2023

WASHINGTON--( BUSINESS WIRE )--Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, today announced it has agreed to sell Octo (the “Company”) to IBM (NYSE: IBM). Octo, headquartered in Reston, VA, is a pure-play digital modernization solutions provider to the federal government.

Arlington Capital Partners Agrees to Sell Octo to IBM

Acquisition to bring Octo's expertise and agility together with IBM's reach and scale to help accelerate U.S. federal government digital transformation ARMONK, N.Y. , Dec. 7, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today announced an agreement to acquire Octo, a U.S.-based IT modernization and digital transformation services provider exclusively serving the U.S. federal government, including defense, health, and civilian agencies.

IBM to Acquire Octo

The Linux Foundation invites contributions to two open-source Call for Code sustainability projects Clinton Global Initiative University announces energy trading platform winner of Call for Code University Edition ARMONK, N.Y. , Dec. 6, 2022 /PRNewswire/ -- Today, Call for Code founding partner IBM (NYSE: IBM), creator, David Clark Cause, charitable partner United Nations Human Rights, and program affiliate, the Linux Foundation announced the winner of the fifth annual Call for Code Global Challenge, which invited innovators across the globe to help accelerate sustainability and combat climate change with open source-powered technology.

IBM and David Clark Cause Aim to Reduce Food Waste; Name AI-Powered Gardening App Winner of 5th Annual Call for Code

Allstate

Home Depot

Iron Mountain

Johnson & Johnson

Kinder Morgan

Kroger

The concept of targeting iron-clad stocks to buy for volatility might seem overkill. After all, the Labor Department just revealed that the U.S. economy added 263,000 jobs, above analysts' expectations.

7 Iron-Clad Stocks That Will Resist the Market Turmoil

Arista Networks

Baidu

IMAX

JD.com

PayPal

Taiwan Semiconductor Manufacturing

Despite the challenges presented by the current economic downturn, there are still plenty of reasons to be optimistic about the tech sector's future. 2022 has been nothing less than a nightmare for investors in tech stocks.

7 Tech Stocks to Take Seriously in 2023

Apple

Broadcom

Intel

QUALCOMM

A bear market is never easy for investors to navigate. It heightens emotions in a negative way.

5 Undervalued Tech Stocks With Dividends to Buy Now to Retire Rich

On IBM stock, selling a January 150 call option would increase the annualized yield by 17% and provide 2.32% downside protection. The post Increase Your Yield On IBM Stock By 17% With Covered Calls appeared first on Investor's Business Daily.

Increase Your Yield On IBM Stock By 17% With Covered Calls

International Business Machines Corporation (NYSE:IBM ) Credit Suisse 26th Annual Technology Conference Call November 29, 2022 12:15 PM ET Company Participants Rob Thomas - Senior Vice President, Global Sales Conference Call Participants Shannon Cross - Credit Suisse Shannon Cross Okay. Great. Hi, everyone and thank you for joining us.

International Business Machines Corporation (IBM) Management Presents at Credit Suisse 26th Annual Technology Conference Call Transcript

AP Moller - Maersk A/S

Shipping company Maersk said on Tuesday it would discontinue a blockchain platform announced in 2018 in partnership with IBM with the aim of limiting the industry's costly paper trail.

Maersk, IBM discontinue shipping blockchain platform

Five Below

H&R Block

Intuit

Cheniere Energy

Raytheon Technologies

With the holiday-shortened sessions behind us, investors should roll up their sleeves and look for stocks to buy this week. Although the benchmark S&P 500 index remains in negative territory for the year, many market participants anticipate that the bottom is in.

The 7 Best Stocks to Buy This Week

On the basis of financial metrics, Cisco is in a slightly better position mainly due to its superior net debt position. IBM did much better in the last recession than Cisco.

IBM Vs. Cisco: Which Old Tech Giant Is The Best Dividend Option?

Icahn Enterprises

JPMorgan Chase & Co

Invesco Preferred ETF

Prudential Financial

Southern Company

Brookfield Renewable Partners

There are many reasons to be upbeat about dividend stocks right now. The Federal Reserve appears to be ready to slow down the pace of its interest rate hikes.

The 7 Best Dividend Stocks to Buy in November

Chevron

Realty Income Corp

V.F.

U.S. stocks rallied on the back of a weaker-than-expected inflation report in October. With prices finally starting to stabilize, some of the country's top Wall Street firms are optimistic that the worst is over.

7 Superior Dividend Stocks to Buy to Battle Inflation

Alphabet

Leaders like IBM, Microsoft, Google and others are making strides  in quantum hardware such as with quantum error mitigation and dynamic circuits.

News for IBM Stock (IBM)