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.

NEW YORK , April 23, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between April 4, 2017 and October 20, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline. SO WHAT: If you purchased IBM securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages International Business Machines Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - IBM

The company got price target increases from Wall Street after putting up solid Q1 results.

Why IBM Stock Popped 10% This Week

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The 5 Highest-Yielding Dow Stocks Are Outstanding Q2 Buys Now

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5 High Dividend Yield Stocks Gurus Are Buying

New York, New York--(Newsfile Corp. - April 21, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between April 4, 2017 and October 20, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.SO WHAT: If you purchased IBM securities during the Class Period you may be entitled to compensation without payment of any out of...

ROSEN, Top Ranked Investor Counsel, Encourages International Business Machines Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - IBM

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Check out these three tech stocks out for your watchlist right now.

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Modernized system will support effective and efficient end-to-end grants management WASHINGTON and ARMONK, N.Y. and RALEIGH, N.C.

IBM and Red Hat to Help Modernize U.S. Department of Education's G5 Grants Management System

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With the way that the tech sector continues to falter given rising interest rates and persistent inflation, it makes sense to explore safer options in the market more than ever.

3 Legendary Low-Beta Stocks Set to Outperform

SAN DIEGO--(BUSINESS WIRE)---- $IBM #IBM--IBM Stock News: Robbins LLP is Investigating International Business Machines Corporation (IBM)

IBM Stock News: Robbins LLP is Investigating International Business Machines Corporation (IBM)

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M&T Bank and IBM were the S&P 500 winners Wednesday. Netflix was easily the big loser.

3 Top S&P 500 Stock Market Gainers Today: IBM Rallies As Netflix Crashes

New York, New York--(Newsfile Corp. - April 20, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between April 4, 2017 and October 20, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.SO WHAT: If you purchased IBM securities during the Class Period you may be entitled to compensation without payment of any out of...

ROSEN, A LEADING LAW FIRM, Encourages International Business Machines Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - IBM

The tech giant's hybrid cloud operations are powering its growth.

Why IBM Stock Surged Today

Analysts are feeling positive about IBM in the current market climate after the software. and consulting company slightly raised its full-year growth view.

IBM stock on pace for best day since April 2020 as analysts raise estimates

With Kyndryl cut loose, IBM's growth profile looks a whole lot better.

Software and Consulting Power IBM's Earnings Beat

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International Business Machines (IBM) cheered investors as it reported solid first-quarter 2022 results.

ETFs to Buy as IBM Tops Estimates in Q1 Earnings

Shares of the iconic technology company are on the rise after it reported first-quarter revenue that beat Wall Street expectations. The post Is IBM Stock a Buy on Q1 Earnings Beat?

Is IBM Stock a Buy on Q1 Earnings Beat? 3 Analysts' Price Predictions.

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Soaring interest rates have started to offer relatively attractive yields, at least compared to the record-low ones we saw in August 2020. However, yields on even junk bonds are still low, just 4.4% and with 37% default risk. Why buy trash yield when much safer A-rated yield is available?

10 A-Rated 5+% Yielding Retirement Dream Stock Bargains

International Business Machines Corp (NYSE: IBM) shares are trading higher Wednesday after the company reported better-than-expected financial results. IBM said first-quarter revenue increased 8% year-over-year to $14.2 billion, which beat the $13.85 billion estimate.

IBM Shares Are Surging: Here's Why

IBM's first-quarter 2022 results benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting.

IBM Tops Q1 Earnings Estimates on Hybrid Cloud and AI Demand

Think 2022 to kick-off in Boston–in-person and virtually–May 10 & 11 followed by a multi-city in-person, international Think on Tour  ARMONK, N.Y. , April 20, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today announced the international expansion of its annual Think conference, returning as a series of exclusive, invite-only, in-person event experiences held in more than a dozen cities around the world.

IBM's Annual Think Conference to Expand Globally, Providing an Interactive Platform for Clients and Partners Around the World

International Business Machines Corporation (NYSE:IBM ) Q1 2022 Earnings Conference Call April 19, 2022 5:00 PM ET Company Participants Patricia Murphy - Vice President, Investor Relations Arvind Krishna - Chairman and CEO Jim Kavanaugh - Senior Vice President and CFO Conference Call Participants Wamsi Mohan - Bank of America Amit Daryanani - Evercore Toni Sacconaghi - Bernstein Erik Woodring - Morgan Stanley Kyle McNealy - Jefferies Brian Essex - Goldman Sachs David Grossman - Stifel Jim Suva - Citigroup Operator Welcome and thank you for standing by. At this time, all participants are in a listen-only mode.

International Business Machines Corporation's (IBM) CEO Arvind Krishna on Q1 2022 Results - Earnings Call Transcript

Netflix

Netflix's biggest problem was in net subscription adds, which came in negative overall for the first time ever.

Netflix -24% on Weak Q1; IBM Beats Estimates

IBM (IBM) delivered earnings and revenue surprises of 4.48% and 3.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

News for IBM Stock (IBM)