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.

The shares of IBM (NYSE: IBM) have recently received a price target increase from $152 to $164 from Morgan Stanley. These are the details.

IBM Stock: $164 Target From Morgan Stanley

IBM's new business model could draw in optimism from previously discouraged investors. The stock's characteristics are aligned with the current market climate.

Why IBM Is One Of The Best Stocks You Can Own Right Now

NEW YORK and ATLANTA, July 29, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and its subsidiary The Weather Company, which includes The Weather Channel digital properties, were determined to be "the overall most accurate provider globally" by ForecastWatch, a premier organization for evaluating the accuracy of weather forecasts. In its latest comprehensive study of forecast accuracy released today,ii Global and Regional Weather Forecast Accuracy Overview, 2017-2020, commissioned by IBM, ForecastWatch named IBM's The Weather Company as the weather forecast provider whose forecasts overall were the most accurate globally when aggregated across all geographic regions compared and time periods covered.

IBM's The Weather Company Continues to Be the World's Most Accurate Forecaster Overall

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As has been the case for years, the technology sector continues to provide much of the growth in the U.S.

5 Sizzling Buy-Rated Technology Stocks Wall Street Loves Also Pay Huge Dividends

ARMONK, N.Y., July 28, 2021 /PRNewswire/ -- Kyndryl, the new, independent public company that will be created following the separation of IBM's (NYSE: IBM) Managed Infrastructure Services business, announced the appointment of David Wyshner as the company's Chief Financial Officer.

Kyndryl Names David Wyshner As Chief Financial Officer

SAP SE

ARMONK, N.Y. and WALLDORF, Germany, July 28, 2021 /CNW/ - IBM (NYSE:  IBM ) and SAP SE (NYSE: SAP) today announced that SAP intends to onboard two of its finance and data management solutions to IBM Cloud for Financial Services to help accelerate IBM cloud adoption within the financial services industry.

IBM and SAP to Help Financial Institutions Accelerate Cloud Adoption to Modernize Operations in a Secured Environment

Data breaches cost surveyed companies $4.24 million per incident on average; highest in 17-year report history Adoption of AI, hybrid cloud, and zero trust approach lowered data breach costs CAMBRIDGE, Mass., July 28, 2021 /PRNewswire/ -- IBM (NYSE: IBM) Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report.

IBM Report: Cost of a Data Breach Hits Record High During Pandemic

IBM (NYSE: IBM) and the University of Tokyo have unveiled the IBM Quantum System One, which is being presented as Japan's most powerful quantum computer. What Happened: IBM and the university formed a partnership in 2019 to accelerate Japanese quantum computing research and development.

IBM And University Of Tokyo Debut Japan's Most Powerful Quantum Computer

ARMONK, N.Y., July 27, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced IBM z/OS V2.5, the next-generation operating system (OS) for IBM Z, designed to accelerate client adoption of hybrid cloud and AI and drive application modernization projects.

Announcing IBM z/OS V2.5, Next-Gen Operating System Designed for Hybrid Cloud and AI

TOKYO, July 26, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and the University of Tokyo today unveiled Japan's most powerful quantum computer as part of their ongoing collaboration to advance Japan's exploration of quantum science, business and education. "IBM is committed to the growth of the global quantum ecosystem," said Dr. Dario Gil, Director of IBM Research.

IBM and the University of Tokyo Unveil Japan's Most Powerful Quantum Computer

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Walgreens

These rock-solid income stocks pay yields ranging from 4.1% to as high as 10.2%.

5 High-Yield Dividend Stocks to Buy Right Now That'll Help You Crush Inflation

American Express

Johnson & Johnson

McDonald's

Moderna

Snap

It was a jarring start to the week for Wall Street, with stocks in a seeming freefall as a rise in global Covid-19 cases, specifically the delta variant, had many wondering if the smooth economic recovery expected might be too good to be true.

Stocks Headed for Weekly Wins Despite Monday's Rout

IBM beat analysts' second-quarter earnings as cloud revenue and operating margins improved. Prior to Q1, IBM posted declining revenue for four consecutive quarters, and 30 of the last 34 quarters.

Is IBM Stock Undervalued Or Overvalued? What To Consider

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ViacomCBS

These 7 value stocks all have easily defined bargain elements and have defined target values, making them great buys here. The post 7 Cheap Value Stock Plays for August appeared first on InvestorPlace.

7 Cheap Value Stock Plays for August

The hype around quantum computing continues to reach new “highs”, with IonQ expected to soon become the first publicly traded pure-play quantum computing company.

IBM: Quantum Spin-Off Could Unlock Significant Shareholder Value

Netflix

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Stock reactions to earnings is more about expectations than performance. Investor disappointments offer stocks to trade after the earnings.

3 Stocks To Trade After Q2 Earnings

Amadeus IT Group SA

Spain's Amadeus will integrate IBM's digital health pass into its Traveler ID platform in a bid to simplify the verification of passengers' health credentials during the boarding process, the companies said in a joint statement on Thursday.

IBM and Amadeus integrate travel health platforms amid travel rebound

Integration is designed to help streamline the validation of air travelers' COVID-19 healthdocumentation, reducing friction during check-in, and supporting airlines as the industry works toincrease international travel volumes ARMONK, N.Y. and MADRID, July 22, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Amadeus (MCE: AMS) today announced that they are working together to help meet one of the major challenges facing travel companies today: checking and validating the COVID-19 health documentation of travelers at checkpoints where required.

Amadeus Integrates IBM Digital Health Pass Into Its Digital Health Verification Technology

IBM hasn't won a title in 25 years and its latest moves under executive chair Virginia Rometty show it's not going to now. The post Still Living in the Past, IBM Remains Behind the Tech Ball appeared first on InvestorPlace.

Still Living in the Past, IBM Remains Behind the Tech Ball

A top dividend stock now, IBM is poised to deliver growth once the spinoff of Kyndryl is finished.

3 Reasons IBM Is a Top Dividend Stock After Reporting Q2 2021 Earnings

The season of big tech's quarterly earnings report is kicking off. The financial results of the quarter ended on June 30th are ready to be shown to the investors, and International Business Machines Corporation (NYSE: IBM) is here to start us off.

IBM Beats The Wall Street Forecasts

Options activity after earnings suggests that traders are optimistic that IBM could begin to trend upwards.

IBM Option Traders Optimistic After Earnings

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We have covered the Dividend Aristocrats stocks for years here at 24/7 Wall St. So it was kind of a seismic shock back in the spring when AT&T, a long-time charter member of the list, announced it would be cutting its cherished dividend.

5 Highest Yielding Dividend Aristocrat Stocks to Buy Now as Interest Rates Continue to Plunge

ARMONK, N.Y. and BENGALURU, India, July 21, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Bangalore International Airport Limited (BIAL) -- operator of Kempegowda International Airport Bengaluru (KIAB/BLR Airport) -- today announced a ten-year agreement under which IBM and Kyndryl will provide best of breed IT solutions to create a new "Airport in a Box" platform that will support transforming the end-to-end travel experience for passengers at BLR Airport.

Bangalore International Airport Limited Partners with IBM for Digital and IT Transformation

Booz Allen Hamilton Hld

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2021 has proven a tumultuous year for cybersecurity contractors after the May attack on the Colonial Pipeline disrupted fuel supplies and sparked President Biden's “Executive Order on Improving the Nation's Cybersecurity.” The order established new directives for information sharing and revamps efforts to future-proof the nation's cybersecurity efforts.

News for IBM Stock (IBM)