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.

Snap

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Why IBM Stock Jumped 5% Today

Amid a soft market environment on Thursday, International Business Machines (NYSE: IBM ) managed to deliver some cheer on Wall Street with positive kinesis following yesterday's third-quarter earnings beat. While directly positive for IBM stock — which gained 4% in the early afternoon session — the performance also reflects steady demand for computer technologies such as software, mainframe systems and hybrid cloud services.

International Business Machines (IBM) Stock Jumps 4% on Earnings

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Year-to-date, IBM shares have displayed stellar relative strength, declining roughly 5% and widely outperforming the S&P 500.

IBM Q3 Preview: Another EPS Beat Inbound? (Revised)

Strong demand for hybrid cloud and AI, driving growth in Software and Consulting segments, enable IBM to beat third-quarter 2022 earnings estimates.

IBM Tops Q3 Earnings Estimates on Solid Hybrid Cloud Demand

Without currency exchange headwinds, IBM would almost be a hot growth story.

IBM Revenue Gets Clobbered by a Strong U.S. Dollar, but the Stock Rallies Anyway

Increased data density in a smaller footprint extends tape's addressable market to a new category of enterprise data aggregators ARMONK, N.Y. , Oct. 20, 2022 /PRNewswire/ -- IBM (NYSE: IBM ) is extending its comprehensive portfolio of data resilience solutions with the introduction of the IBM Diamondback Tape Library, a high-density archival storage solution that is physically air-gapped to help protect against ransomware and other cyber threats in hybrid cloud environments.

IBM Delivers Enhanced Data Resilience and Sustainability for "New Wave" Hyperscalers with the IBM Diamondback Tape Library

International Business Machines Corp. (NYSE: IBM) has “recovered” from years of decline under CEO Ginni Rometty (2012 to 2020).

IBM Is Still an Awful Company

International Business Machines Corporation (NYSE:IBM ) Q3 2022 Earnings Conference Call October 19, 2022 5:00 PM ET Company Participants Patricia Murphy – Vice President of Investor Relations Arvind Krishna – Chairman and Chief Executive Officer Jim Kavanaugh – Senior Vice President and Chief Financial Officer Conference Call Participants Amit Daryanani – Evercore Toni Sacconaghi – Bernstein Wamsi Mohan – Bank of America Erik Woodring – Morgan Stanley Shannon Cross – Credit Suisse Keith Bachman – BMO David Grossman – Stifel Operator Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode.

International Business Machines Corporation (IBM) Q3 2022 Earnings Call Transcript

IBM (IBM) delivered earnings and revenue surprises of 1.69% and 2.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

IBM (IBM) Beats Q3 Earnings and Revenue Estimates

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Tesla saw a +30% increase in gross margins including emissions credits, +26.8% without those credits.

Q3 Results: Tesla Mixed, IBM Beats, Las Vegas Sands Improves

IBM beats on both EPS and revenue, shares up 5% after hours. Q3 free cash flow based dividend coverage looks disastrous. But wait.

IBM Q3 Earnings: Dividend Coverage Check-In

International Business Machines Corp. (NYSE:IBM) (IBM) surpassed expected third-quarter 2022 earnings expectations with demand for the tech giant's hybrid cloud computing a key driver of the strong results. Earnings came in at US$1.81 per share, compared to analyst expectations of $1.78 per share.

IBM beats 3Q earnings expectations, led by global hybrid cloud computing

Shares of International Business Machines Corp. rallied in extended trading Wednesday, after the tech software, consulting and infrastructure giant reported third-quarter results that beat expectations and offered up a more upbeat full-year sales forecast.

IBM stock rallies on third-quarter results, upbeat forecast

IBM Corp beat quarterly revenue estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for its digital services helps cushion the blow from a strong dollar.

IBM expects to exceed annual revenue target on resilient cloud momentum

IBM saw a jump in mainframe computer and transaction-processing software sales in its first full quarter of sales of a new version, the z16, in May.

IBM surpasses quarterly projections and lifts its full-year revenue forecast

Revenue Growth in All Key Segments Led by Global Hybrid Cloud Adoption; Solid Cash Generation ARMONK, N.Y. , Oct. 19, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today announced third-quarter 2022 earnings results.

IBM RELEASES THIRD QUARTER RESULTS

IBM stock was trading flat as it gets set to report quarterly results that will provide a look at the state of corporate spending on technology. The post What To Expect When IBM Reports Quarterly Earnings appeared first on Investor's Business Daily.

What To Expect When IBM Reports Quarterly Earnings

IBM Q3 Preview: Another EPS Beat Inbound?

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In the third quarter, IBM is likely to have recorded healthy revenues from the Software segment due to increased adoption of its cloud services.

Can a Steady Software Revenue Stream Drive IBM Q3 Earnings?

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The three major U.S. equity indexes closed significantly higher on Monday, salving the wounds of Friday's big sell-off.

Earnings Previews: IBM, Kinder Morgan, Tesla

IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate IBM (IBM) to Report a Decline in Earnings: What to Look Out for (Revised)

IBM is expected to have recorded marginally higher aggregate revenues year over year despite a challenging macroeconomic environment and softness in traditional businesses.

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