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.

Company Outlines Path Towards Quantum-Centric Supercomputing with New Hardware, Software, and System Breakthroughs NEW YORK , Nov. 9, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today kicked off the IBM Quantum Summit 2022, announcing new breakthrough advancements in quantum hardware and software and outlining its pioneering vision for quantum-centric supercomputing. The annual IBM Quantum Summit showcases the company's broad quantum ecosystem of clients, partners and developers and their continued progress to bring useful quantum computing to the world.

IBM Unveils 400 Qubit-Plus Quantum Processor and Next-Generation IBM Quantum System Two

‘We're getting closer and closer,' said Director of IBM Research Dario Gil

IBM Unveils New Chip in Push to Realize Quantum Computing's Promise

The new Osprey 433-qubit processor along with the systems that support and enable it are key milestones on IBM's path to more powerful and practically useful quantum computing technology.

IBM accelerates quantum computing with 433-qubit processor, eyes even more power

Germany's Bosch (ROBG.UL) is partnering with IBM in the field of quantum computing, hoping to use simulation technology to find surrogates for precious metals and rare earths in carbon-neutral powertrains within the next decade.

Germany's Bosch partners with IBM in quantum computing

Apple

BCB Bancorp

Kinder Morgan

McCormick

Merck

The incredible volatility in the market can open doors for investors looking at various income-generating opportunities right now. In the world of stocks, a number of high-quality retirement-centric investments should be on the radar, given the market's tilt toward defensive, lower-risk assets.

7 No-Brainer Retirement Stocks to Buy for 2023 and Beyond

Amazon

Chevron

General Motors

Alphabet

Snap

Amazon, Google, Meta, and Snap all missed big on earnings. The common theme?

Elephants In The Room

Citizens Financial Group

McDonald's

O'Reilly Automotive

AT&T

Some may believe that the best retirement stocks for investors over 50 are all ultra-conservative names with relatively high dividend yields, but one well-known investment advisory firm suggests that's not the case at all. Consequently, in compiling this list, I've tried to find a balance between very safe stocks and names that are likely to deliver significant capital appreciation over a one-to-five-year period.

The 7 Best Retirement Stocks to Buy After Age 50

Solution includes new Analytics Content Hub to bring together business intelligence solutions from multiple vendors ARMONK, N.Y. , Nov. 3, 2022 /PRNewswire/ -- IBM (NYSE: IBM ) has announced new software designed to help enterprises break down data and analytics silos so they can make data-driven decisions quickly and navigate unpredictable disruptions.

IBM Launches New Software to Break Down Data Silos and Streamline Planning and Analytics

WASHINGTON , Oct. 31, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today announces a demonstration project with the U.S. Patent and Trademark Office (USPTO) to test an artificial intelligence (AI) driven intellectual property (IP) analysis tool, the IBM IP Advisor with Watson® Demonstration System. Leveraging conversational AI technology with IBM Watson Assistant, and content insight mining and guided navigation solutions with IBM Watson Discovery, the system is designed to help users more efficiently uncover and analyze relevant patent data, allowing more time for strategic, value-added tasks.

IBM Announces Demonstration Project with U.S. Patent and Trademark Office to Help Make Patent Research Insights More Accessible and Usable

These two tech titans are experiencing strong growth in the cloud computing market, but one holds the edge as the better investment.

Better Cloud Computing Stock: IBM vs. Alphabet

Big Blue has been a top-quality dividend investment for decades. Is it still an effective income stock after the radical strategy change of the last decade?

Is IBM Still a Great Dividend Stock?

Citigroup

Dow Inc

Intel

Kraft Heinz

Pioneer Natural Resources

This has been a dreadful year for investors. Both the Nasdaq and the S&P 500 are still in bear market territory.

7 Analyst Favorite ‘Strong Buy' Blue Chip Stocks With 4% and Higher Dividends

The veteran tech giant completed a transformation of its business last year, and is now on a path of revenue growth.

Why IBM Is a Good Long-Term Investment

Micron Technology

Taiwan Semiconductor Manufacturing

The world's top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Chip makers offer big investments as they jockey for federal aid

Sierra Space and IBM Collaborate on the Next Generation of Space Technology and Software Platforms

International Business Machines agreed to buy open-source enterprise-software company Red Hat for a whopping $33 billion in 2019, its biggest acquisition ever.

IBM's expensive and risky pivot to the cloud is finally paying off

American Electric Power Company

Albemarle

Hexcel

Daily Dividend Report: General Motors, IBM﻿, American Electric Power, Albemarle, Hexcel

IBM's growth has improved dramatically in recent quarters.

Is IBM's Long-Awaited Comeback Finally Beginning?

Expansion of embeddable AI software portfolio can help companies address  AI skills gap, lack of resources and development costs of bringing AI-powered applications to market ARMONK, N.Y. , Oct. 25, 2022 /PRNewswire/ -- IBM (NYSE:  IBM ) today announced an expansion to its embeddable AI software portfolio with the release of three new libraries designed to help IBM Ecosystem partners, clients and developers more easily, quickly and cost-effectively build their own AI-powered solutions and bring them to market.

IBM Helps Ecosystem Partners Accelerate AI Adoption by Making it Easier to Embed and Scale AI Across Their Business

Cisco Systems

Verizon

With third-quarter earnings reporting seasons in full swing and the stock market catching a likely bear market rally, investors have seen, at least so far, reasonably good reports.

Why 5 of the Highest-Yielding Dow Stocks Are Solid Q4 and 2023 Buys

American Express

Bank of America

Goldman Sachs

Johnson & Johnson

Lockheed Martin

Netflix

Procter & Gamble

Schlumberger

Tractor Supply

Tesla

Big Tech firms like Alphabet, Microsoft and Apple, as well as retail giants like Coca-Cola, are all set to report earnings this week.

Jim Cramer says these 13 companies' earnings helped drive markets higher

IBM's superb free cash flow and generous dividend payments make its stock a compelling buy.

With 11x Free Cash Flow and a 5.4% Dividend Yield, Is IBM Stock a Buy Now?

Grant recipients selected in Ireland, United Arab Emirates, and in California, Indiana, Michigan, New York, New Hampshire, and Virginia ARMONK, N.Y. , Oct. 24, 2022 /PRNewswire/ -- As schools become more dependent on technology, ransomware attacks against schools are increasing.

IBM Grants a Total of $5 Million in-kind to Bolster Schools' Cybersecurity Preparedness

With legacy businesses out of the picture, IBM's growth profile looks a whole lot better.

IBM's Turnaround May Finally Be For Real

IBM beat revenue and earnings estimates in its third-quarter results reported on Wednesday and raised its revenue outlook.

News for IBM Stock (IBM)