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.

VMware

IBM is collaborating with VMware to expedite time-to-value in hybrid cloud environments and enable global partners and clients to develop mission-critical workloads.

IBM and VMware Collaborate to Augment Secure Cloud Solutions

IonQ

Alphabet

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ASML Hld

Huntington Ingalls Industries

Joby Aviation

NuScale Power Corp

Sociedad Quimica Y Minera De Chile

Upwork Inc

Universal Technical Institute

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SAN FRANCISCO--(BUSINESS WIRE)-- #gcve--VMware Explore US 2022 – VMware Inc. (NYSE: VMW) and IBM (NYSE: IBM) today announced at VMware Explore 2022 an expanded partnership to help global clients and partners modernize mission-critical workloads and expedite time-to-value in hybrid cloud environments. The expanded relationship includes IBM Consulting as a VMware GSI partner, the companies' intent to deliver new jointly engineered IBM and VMware Cloud solutions, and joint development and go to market. To

VMware and IBM Give Clients New Ways to Modernize Hybrid Cloud Environments in Regulated Industries

VMware today expaned its partnership with IBM to help enterprises modernize hybrid cloud environments in regulated industries.

VMware and IBM expand partnership: What it means to enterprises

Franklin Resources

V.F.

When searching for great dividend stocks to buy, there are many places one could start. However, we prefer the strategy of buying those that have demonstrated histories of raising their dividends.

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Amazon

NVIDIA

Quantum computing stocks occupy a particular niche that can make them difficult to judge. While quantum computers are still in the early stages of development, they have already begun to outperform traditional computers on certain tasks.

3 Quantum Computing Stocks to Buy for Next-Gen Energy

Broadcom

Campbell Soup

Hasbro

Intel

Altria

Verizon

No-brainer dividend stocks provide investors with a safe place to put their money and leave it. A dividend is the distribution of a company's earnings to its shareholders that typically takes the form of a quarterly distribution.

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Kroger

Lockheed Martin

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Top Dividend Stocks To Buy In 2022? 3 In Focus

Apple

One of the biggest mistakes Warren Buffett (Trades, Portfolio) has ever made was his decision to buy International Business Machines Corp. ( IBM , Financial) instead of Apple Inc. ( AAPL , Financial).

Buffett Shows Why It's Important to Change When the Facts Change

IBM is trying, once again, to transform itself. Recent results suggest things are improving.

Changes At IBM Gaining Traction

AbbVie

Exxon Mobil

Check out these three top dividend paying stocks in the stock market this week.

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Dell Technologies

Flex

Hewlett Packard

Jabil

NetApp

Pure Storage

Stratasys

As recently as July 1, tech sector stocks traded down about 23% in 2022. The hardware industry performed even worse, down nearly 27% on the same date.

Credit Suisse Initiates 20 Tech Hardware Stocks, Over Half Rated Outperform

IBM is renewing its partnership with the United States Tennis Association in a five-year deal.

IBM Strengthens USTA Collaboration With 5-Year Renewal Deal

Garmin

Kratos Defense & Security Solutions

Lucid Group

RF Industries

Block

Trade Desk

Although it may seem a counterintuitive move to make, patient investors may want to consider tech stocks to buy. To be clear, the pain in the innovation segment presents significant concerns.

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When it comes to growth opportunities in tech, International Business Machines (NYSE: IBM ) and IBM stock may not be what first comes to mind. In fact, many investors may see it as old news.

IBM Stock Offers a Winning Combination of Growth and Value

The Weather Channel is hopping onto the subscription bundle bandwagon with an offering that lets users check the weather, follow the news or get deals on hotel rooms from one platform. The IBM-owned company announced the program Thursday (Aug.

IBM's Weather Channel Tests Subscription Bundles

Redesigned USOpen.org and US Open App will Include New Fan Experiences Leveraging Hybrid Cloud and Explainable AI  ARMONK, N.Y. , Aug. 18, 2022 /PRNewswire/ -- IBM (NYSE: IBM ) and the United States Tennis Association (USTA) today announced a five-year renewal of their longstanding, 30-year partnership.

IBM and USTA Announce Multi-Year Partnership Renewal Ahead of 2022 US Open

IBM (IBM) reported earnings 30 days ago. What's next for the stock?

IBM (IBM) Up 4.3% Since Last Earnings Report: Can It Continue?

American Express

QUALCOMM

For investors looking for true value stocks, few options have been available until this year. Indeed, the number of undervalued bargain stocks in the market now is astounding, with the valuations of many stocks crumbling from their peak levels.

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Global X Artificial Intelligence & Technology ETF

Alibaba

Microsoft

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4 Companies Leading The Rise Of Artificial Intelligence And Big Data

Citi has named Wall Street and IBM veteran Ryan Rugg as its global head of digital assets for treasury and trade solutions (TTS). "Ryan is well positioned to advance TTS to the next phase in our digital assets journey," Citi said in a news release emailed to PYMNTS Tuesday (Aug. 16).

Citi Names IBM Exec Ryan Rugg, FinTech Veteran David Cunningham to TTS Digital Team

Archer-Daniels-Midland Company

American Water Works

Costco

Enbridge

Emblematic of the vagaries of the new normal, July's outstanding jobs report may be a net positive. The report, however, also undergirds the main reason why you should consider buying safe blue-chip stocks.

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News for IBM Stock (IBM)