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.

What's the secret behind an under-the-radar AI player's success? Ironically, this legendary stock could be a hidden gem in this market.

3 Reasons to Pay Attention to This Quiet Artificial Intelligence (AI) Stock

Given its better prospects, we believe that Delta Air Lines (NYSE: DAL) is a better pick than computing behemoth IBM (NYSE: IBM). The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that suit an investment style.

Is There A Better Pick Over IBM Stock?

Shares of the veteran tech giant are near an all-time high.

Is IBM Stock a Buy Now?

The company has remade itself into more of a cloud and AI company.

Will IBM Be a Trillion-Dollar Stock by 2030?

ARMONK, N.Y. , Oct. 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its third-quarter 2024 financial results on Wednesday, October 23, 2024 at 5:00 p.m.

IBM to Announce Third-Quarter 2024 Financial Results

Long-established in the Software industry, International Business Machines Corp (IBM, Financial) has enjoyed a stellar reputation. Recently, it has seen a daily gain of 0.12%, juxtaposed with a significant three-month change of 29.18%.

International Business Machines Corp (IBM)'s Uncertain Future: Understanding the Barriers to

IBM (IBM) concluded the recent trading session at $227.12, signifying a +0.5% move from its prior day's close.

IBM (IBM) Ascends While Market Falls: Some Facts to Note

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IBM has been crushing the stock market in 2024. Is it too late to jump aboard this Big Blue bandwagon?

Is It Too Late to Buy IBM Stock?

Riding on a robust earnings surprise history, positive estimate revisions and favorable Zacks Rank, IBM appears primed for further stock price appreciation.

Will IBM's Focus on Quantum Computing Propel the Stock?

Does IBM (IBM) have what it takes to be a top stock pick for momentum investors? Let's find out.

IBM (IBM) is a Great Momentum Stock: Should You Buy?

Expansion of IBM's utility-scale fleet of quantum computers in Ehningen, Germany is marked with ribbon-cutting by German Chancellor Olaf Scholz and industry leaders. New IBM quantum data center in Europe will soon include IBM Quantum Heron-based system with reduced error rates, 16 times better performance and a 25-fold increase in speed over 2022 IBM Quantum systems.

First IBM Quantum Data Center in Europe Opens; Will Include IBM's Most Performant Quantum Systems

IBM's shares have surged 35.03% YTD, driven by a strategic pivot to hybrid cloud and AI, shedding its legacy businesses. Recent Fed rate cuts are bullish for IBM, potentially reducing its $57.76 billion debt servicing costs, boosting profitability. IBM's Q2 results beat expectations with $1.99 EPS and $15.8 billion revenue, showcasing strong growth in software and consulting.

IBM Is The Highest It's Been In A Decade And Can Go Higher

WEST PALM BEACH, Fla. and BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- HR Executive™, the premier global media company covering strategic issues in HR, today announced that Nickle LaMoreaux, IBM's Senior Vice President and Chief Human Resources Officer, has been named its 2024 HR Executive of the Year.

IBM's Nickle LaMoreaux Named 2024 HR Executive of the Year

The International Business Machines (IBM) stock price is firing on all cylinders as investors cheer its ongoing growth and exposure to artificial intelligence (AI). It has risen in five consecutive months and is sitting at an all-time high of over $221.

IBM stock is rising, but this future dividend aristocrat has a key risk

In the latest trading session, IBM (IBM) closed at $221.08, marking a +0.11% move from the previous day.

Here's Why IBM (IBM) Gained But Lagged the Market Today

IBM's business model focuses on Software, Consulting, and Infrastructure, with primary customers being other businesses. The company enjoys a role to play in the industry of generative AI on many fronts, as well as the sleeping potential of quantum computing. The current price therefore only needs modest growth to be a fair one, leaving room for upside.

IBM: Reasonable Price, But You Need To Manage Your Risk

Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.

International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know

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An allegedly IBM Corporation (NYSE: IBM) employee went to Reddit on September 27 for a long rant against the company. In the original post, the user u/ReindeerLess4421 questions, “Why are any of us still here,” warning that “IBM is dying and we know it.

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IBM announces successful expansion of its quantum data center in Poughkeepsie, marking a significant milestone in the realm of quantum computing.

Will IBM Stock Gain From the Expansion of Quantum Data Center?

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Latest IBM Quantum system, powered by an IBM Quantum Heron processor, achieves reduced error rates at 16 times better performance, and 25-fold increase in speed over 2022 IBM Quantum systems.(1) IBM completes installation of second IBM Heron, its most performant quantum processor to date, now available to clients globally.

IBM Expands Quantum Data Center in Poughkeepsie, New York to Advance Algorithm Discovery Globally

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