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.

CAMBRIDGE, Mass. and ATLANTA, Dec. 15, 2021 /PRNewswire/ -- IBM (NYSE: IBM) Watson Health and Healthcare IT Leaders today announced the integration of IBM Digital Health Pass with Healthcare IT Leaders Healthy Returns, a comprehensive suite of enterprise COVID-19 services.

IBM Digital Health Pass Integrating with Healthcare IT Leaders Healthy Returns Practice to Provide COVID-19 Digital Credentials

DUBLIN, Dec. 15, 2021 /PRNewswire/ -- AIB, an Irish bank with market leading positions across key segments, and IBM (NYSE: IBM) today announced a €65m three-year agreement designed to help deliver the bank's 2023 strategy by accelerating its ongoing digital transformation, meeting its customer-first commitment and providing a clear pathway to a hybrid cloud technology environment. Under the agreement, IBM will provide AIB with a next-generation IBM z15 compute platform along with an extensive technology portfolio which includes IBM's Cloud Pak solutions and the capability to deliver services leveraging Red Hat OpenShift.

AIB Signs Three-Year €65m Agreement with IBM to Accelerate Hybrid Cloud Digital Transformation

IBM (IBM) closed at $122.58 in the latest trading session, marking a -1.22% move from the prior day.

IBM (IBM) Dips More Than Broader Markets: What You Should Know

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IBM seems to be focusing their quantum computing effort on developing hybrid digital-quantum systems.

Commentary On IBM's Recent Quantum State Of The Union Message

IBM stock should be attractive in an environment in which many investors will be looking for safer tech names. The post IBM Stock Will Be a Good Fit for the 2022 Macro Environment appeared first on InvestorPlace.

IBM Stock Will Be a Good Fit for the 2022 Macro Environment

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3 Tech Stocks That Can Slay Higher Inflation

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Kiplinger "insights for investors" online, first-published 91 "Top Dividend Stocks From Around The World" 7/13/20. Two Kiplinger articles provided this 105 Best Dividend Stocks on Earth compiled 7/1/21. 40 European “Dividend Aristocrats,” showed 10 years of stable or increasing dividends; 65 S&P 500 Aristocrats showed 25 years of increases for U.S. companies.

15 Best Dividends On Earth Priced To Buy In December

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With 2021 coming to a close shortly, here are the stocks to buy to benefit from some of the biggest trends of 2022. The post 7 Stocks to Buy to Ride the Biggest Trends of 2022 appeared first on InvestorPlace.

7 Stocks to Buy to Ride the Biggest Trends of 2022

IBM's high dividend yield of 5.4% may distract investors from the company's underlying dynamics. Anemic sales and earnings growth may lead to more trouble for the dividend in the future.

IBM: Don't Let The Yield Fool You, It's Not Worth The Risk

SAN FRANCISCO and ARMONK, N.Y., Dec. 9, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and MuleSoft today announced a global relationship.

IBM and MuleSoft Announce Global Relationship to Help Accelerate Flexibility Across Public and Private Clouds

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October 24-December 3, 2021 readers mentioned 52 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.).

November Readers Noted 26 Best To Buy Dividend Dogs

International Business Machines Corporation (IBM) Presents at UBS 2021 Global TMT Conference (Transcript)

ARMONK, N.Y., Dec. 8, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today unveiled the IBM Z and Cloud Modernization Center, a digital front door to a vast array of tools, training, resources and ecosystem partners to help IBM Z clients accelerate the modernization of their applications, data and processes in an open hybrid cloud architecture.

IBM Launches New IBM Z and Cloud Modernization Center for Acceleration of Hybrid Cloud

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If you're interested in wagering on the decentralized future of the internet, you should put these Web3 stocks on your radar. The post 7 Web3 Stocks to Buy if You're Betting on a Blockchain-Based Internet appeared first on InvestorPlace.

7 Web3 Stocks to Buy if You're Betting on a Blockchain-Based Internet

IBM (IBM) closed the most recent trading day at $119.91, moving +0.9% from the previous trading session.

IBM (IBM) Gains But Lags Market: What You Should Know

The shares of IBM (NYSE: IBM) have received a $125 price target from Evercore. These are the details.

IBM Stock (IBM): $125 Price Target From Evercore

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"The Dow [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration."– Dow Jones & Co. Thirty-one Dow stocks represent nine of eleven sectors. Dow tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated net gains ranged 24.29%-43.88% topped by V 12/1/21.

Dogs Of The Dow Hit December Sporting 2 To Buy

News for IBM Stock (IBM)