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.

In the latest trading session, IBM (IBM) closed at $182.88, marking a +0.03% move from the previous day.

IBM (IBM) Ascends But Remains Behind Market: Some Facts to Note

BofA Securities analyst Wamsi Mohan provides earnings preview ahead of International Business Machines Corporation IBM second-quarter results release after market close on July 24.

What To Expect From IBM's Q2 Earnings? BofA Forecasts No Change In Annual Outlook

HashiCorp

The Federal Trade Commission (FTC) has made a "second request" for additional information around IBM's (IBM) plan to acquire cloud software company HashiCorp (HCP) for $6.4 billion.

FTC Requests More Information on $6.4B IBM Planned Acquisition of HashiCorp

Jones Lang LaSalle

CHICAGO, July 15, 2024 /PRNewswire/ -- IBM (NYSE:IBM) and JLL (NYSE:JLL) today announced a sustainability solution powered by IBM Envizi technology and delivered by JLL's sustainability services team, available globally. JLL's Sustainability Program Management, which provides sustainability services, such as decarbonization strategies to the commercial real estate (CRE) sector, will now be underpinned by ESG reporting and data management software in the form of the IBM Envizi ESG Suite.

IBM and JLL Collaborate on ESG Reporting and Data Management Solution for Commercial Properties

Amgen

Cisco Systems

Dow Inc

Home Depot

Coca-Cola

24/7 Insights While trailing the other indices this year, many of the 30 Dow stocks offer tremendous value.

6 Dow Jones Dividend Stocks to Buy Hand Over Fist

Alphabet

Microsoft

While the term artificial intelligence (AI) has become something of a buzzword recently, the more accurate term for what most AI companies are aiming to achieve is machine learning. However, due to the cultural popularity of AI thanks to science fiction and Hollywood, the term has eclipsed machine learning as the primary descriptor for the current trend of data analytics and targeted information searches that constitute much of the AI sector.

3 Machine Learning Marvels That Could Make You Rich

IRVINE, Calif. & LONDON--(BUSINESS WIRE)--Kantata, a leading global supplier of purpose-built technology for professional services, today announced an impressive achievement by Waeg, a Salesforce Platinum Partner at the forefront of multi-cloud software and business automation development. Waeg saw a significant 85% reduction in time to invoice customers, from an average of 4 weeks to just 3 days, after adopting Kantata SX, Kantata's Salesforce native solution, to drive increased efficiency acr.

Waeg, An IBM Company, Achieves An 85% Reduction In Time To Invoice Customers with Kantata's Professional Services Cloud

ARMONK, N.Y. , July 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its second-quarter 2024 financial results on Wednesday, July 24, 2024 at 5:00 p.m.

IBM to Announce Second-Quarter 2024 Financial Results

HIROSHIMA, Japan , July 10, 2024 /PRNewswire/ -- Today, at the AI Ethics for Peace: World Religions commit to the Rome Call event, IBM (NYSE: IBM) reaffirmed its leadership and commitment to the Rome Call for AI Ethics. Hosted by the Vatican's RenAIssance Foundation, in collaboration with the Pontifical Academy of Life, Religions for Peace Japan, United Arab Emirates' Abu Dhabi Forum for Peace and the Chief Rabbinate of Israel's Commission for Interfaith Relations, this latest gathering for the Rome Call welcomes the co-signage of eastern religious leaders and seeks to shape the technical progress to support the progress of humanity, and inspire peaceful collaboration and global unity for ethical AI development, the core principle of the document.

IBM Recommits to the 'Rome Call for AI Ethics' as the Vatican Welcomes Eastern Religions to the Pledge

Computing behemoth IBM is slated to report its Q2 2024 results in mid-July, reporting on a quarter that is likely to see the company's sales decline, amid cooling IT spending. We expect revenue to come in at about $14.6 billion, a 6.6% decline compared to the last year, although this would be slightly ahead of the consensus estimates.

Up 30% In Last Twelve Months, Will AI And Red Hat Power IBM's Stock Higher Post Q2 Results?

IBM (IBM) concluded the recent trading session at $177.64, signifying a +0.92% move from its prior day's close.

IBM (IBM) Outperforms Broader Market: What You Need to Know

Sysco

Exxon Mobil

Dividend stocks can generate steady cash flow for long-term investors. This stream of passive income can make it easier to cover living expenses in retirement, and dividend aristocrats to buy tend to be less risky than growth stocks.

3 Dividend Aristocrats to Buy for Retirement: July Edition

IBM is a familiar information technology giant poised for a potential price increase in the current bull market. Technical analysis using moving averages, momentum, volume, and relative strength supports a bullish outlook for IBM. Stop loss set at $169 with potential for price to exceed previous high of $197, offering a 1:3 risk to reward ratio.

IBM Is Poised To Move Higher (Technical Analysis)

IBM has struggled with growth for over a decade, focusing on share buybacks instead of research and development. The primary business areas for IBM are hybrid and cloud software solutions, consulting, and computing infrastructure. Despite recent growth in the last 3 years, IBM's balance sheet shows high levels of debt and limited room for error.

IBM: Quantum Computing, Growth And Dividends

With declining earnings estimates, IBM is witnessing a negative investor perception and might not be a prudent investment at the moment.

IBM Enhances AI Scalability With Twin Buyouts: Should You Buy?

Coinbase

Block

Blockchain technology remains one of those profound innovations that can be tough to comprehend. Indeed, blockchain tech, while profound, can be tough to understand, at least until one has had a chance to see it put to work on various applications.

The 3 Best Blockchain Stocks to Buy in July 2024

Advanced Micro Devices

Marathon Digital Holdings

The cryptocurrency market is notorious for its volatility, with Bitcoin's ( BTC-USD ) price swings often impacting the entire sector. However, certain crypto infrastructure plays remain poised for growth regardless of Bitcoin's price movements.

3 Crypto Infrastructure Plays Set to Soar Regardless of Bitcoin's Price

AbbVie

Automatic Data Processing

Aflac

Chevron

Lowe's

McDonald's

NextEra Energy

Realty Income Corp

PepsiCo

Schwab US Dividend Equity ETF

AT&T

Walgreens

If I had to invest $100K today in Dividend Aristocrats, here's what I would do. I'd spread my investments in between my top 10 picks within the list. I show you what portfolio profile this would create, and where it falls short.

If I Had To Invest $100,000 In Dividend Aristocrats

Johnson & Johnson

Verizon

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to numerous investors

Buy 2 July Dow Dogs And Watch 6

NIKE

Given the current market conditions, you'd want to consider offloading some Dow Stocks to sell before dragging your portfolio down further. While the S&P 500 and the Nasdaq indices have soared by double-digit margins in the past 12 months, the Dow Jones Industrial Average lags with a modest 3.8% increase.

3 Dow Stocks to Sell in July Before They Crash & Burn

IBM is focusing on cloud services, AI, and consulting for the future, collaborating with Microsoft and expanding its watsonx portfolio. Despite a debt load of $53 billion, the Company's financials are strong, with $20 billion in liquidity and manageable debt obligations. IBM's undervalued stock, strong financial position, and commitment to dividends make it a promising investment in cloud and AI infrastructure.

IBM: Acquisitions, Collaborations, And The Dividend Make Me Bullish

IonQ

Rigetti Computing

For tech-centric investors, quantum computing stocks many offer the biggest bang for your buck. To make a long story short, the underlying innovation facilitates multiple processes to run simultaneously.

3 Quantum Computing Stocks That Could Make Your Grandchildren Rich

IBM partners with Microsoft to enhance cybersecurity for clients, focusing on modernizing security operations and protecting hybrid cloud identities.

IBM & Microsoft Collaborate to Boost Cloud Security for Clients

ARMONK, N.Y. & NOIDA, India--(BUSINESS WIRE)-- #AI--HCLTech and IBM today announced a new collaboration to establish a Generative AI Center of Excellence based on the IBM watsonx™ AI and data platform.

HCLTech and IBM announce GenAI Center of Excellence to support clients with customized AI solutions

ARMONK, N.Y. , July 1, 2024 /PRNewswire/ -- IBM (NYSE:  IBM ) and Microsoft announce strengthened cybersecurity collaboration to help clients simplify and modernize their security operations, and manage and protect their hybrid cloud identities.

News for IBM Stock (IBM)