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.

Fighting for relevance in the growing — and ultra-competitive — AI space, IBM this week introduced new generative AI models and capabilities across its recently-launched Watsonx data science platform.

IBM rolls out new generative AI features and models

- Watsonx AI and data platform to include new generative AI models and enhancements designed to help enterprises scale AI - Capabilities on display for thousands of developers at IBM TechXchange Conference Sept. 11-14 in Las Vegas ARMONK, N.Y.

IBM Advances watsonx AI and Data Platform with Tech Preview for watsonx.governance and Planned Release of New Models and Generative AI in watsonx.data

AbbVie

Amcor Plc

Franklin Resources

Colgate-Palmolive

Chevron

Essex Property Trust

Federal Realty Investment Trust

Coca-Cola

Medtronic

NextEra Energy

Realty Income Corp

Sysco

Target

T. Rowe Price Group

Walgreens

"Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 66 Aristocrats, screened as of September 1, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 15.58%-45.47% topped-by WBA & NEE. By yield, WBA topped-all Aristocrats. Top-ten Yields from ESS, ABBV, TROW, FRT, BEN, IBM, AMCR, O, MMM, & WBA, averaged 4.99%.

Dividend Aristocrats: 4 Top Dogs Plus 6 Chasers For September

Alibaba

General Motors

Lyft

PayPal

QUALCOMM

Waste Management

As a rule of thumb, investors ought to consider securities with strong volume and chart mobility as opposed to sleeper stocks. It's like baseball.

The 7 Best Sleeper Stocks to Buy Now: September 2023

ARMONK, N.Y. , Sept. 6, 2023 /PRNewswire/ -- IBM (NYSE: IBM) is notifying Janssen CarePath customers and users of an incident involving unauthorized access to personal information contained within a database used on the Janssen CarePath platform, a patient support platform that offers savings options and other patient support resources.

IBM Addresses Data Incident for Janssen CarePath Database

Johnson & Johnson

IBM said on Wednesday it is notifying customers of Janssen CarePath, a Johnson & Johnson unit, of a "data incident" involving unauthorized access of personal information.

IBM notifies J&J unit Janssen CarePath's customers of unauthorized data access

Enterprises can tackle challenges in data security and privacy by enabling advanced data protection for workloads and AI data repositories with IBM Cloud Security and Compliance Center Data Security Broker ARMONK, N.Y. , Sept. 6, 2023 /PRNewswire/ -- Today, IBM (NYSE:IBM) announced the expansion of the IBM Cloud Security and Compliance Center, a suite of modernized cloud security and compliance solutions designed to help enterprises mitigate risk and protect data  across their hybrid, multicloud environments and workloads.

IBM Expands Cloud Security and Compliance Center to Help Clients Protect Data and Assess Risk Across Hybrid, Multicloud Environments

Ameriprise Financial

Etsy

Home Depot

Gartner

MetLife

O'Reilly Automotive

Ralph Lauren

United Continental Hlds

United Rentals

First the bad news: September is the worst month for stocks. The good news, though, is you can still find stocks that beat the S&P 500.

September Is Terrible For S&P 500 Stocks (Except These 11)

Salesforce

IBM's partnership with Salesforce is likely to drive increased productivity and help accelerate business transformation of clients with generative AI.

IBM Collaborates With Salesforce to Accelerate AI Adoption

IBM partners with Fujifilm to create a 50TB native tape storage system featuring the IBM 3592 JF tape cartridge, the world's highest-capacity native data tape cartridge.

IBM, Fujifilm Team Up to Develop 50TB Native Tape Storage

Today, IBM and Salesforce announced they are joining forces to bring Salesforce AI solutions to customers of both companies.

IBM and Salesforce team up to bring AI tools to their shared clients

Alphabet

Honeywell

Looking at quantum computing stocks for August 2023, the playing field has changed a bit. Some of the pureplay top quantum computing picks, such as IonQ (NYSE: IONQ ) have seen their share prices skyrocket in recent months.

The 3 Most Undervalued Quantum Computing Stocks to Buy Now: August 2023

Tech giants collaborate to drive productivity and growth with generative AI ARMONK, N.Y. and SAN FRANCISCO , Aug. 31, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) and Salesforce (NYSE: CRM) announced a collaboration to help businesses worldwide across industries accelerate their adoption of AI for CRM.

IBM and Salesforce Team Up To Help Businesses Accelerate Adoption of Trustworthy AI

Broadcom

Dell Technologies

Juniper Networks

NVIDIA

After a careful search, the top five high-yield blue-chip dividend-paying tech stocks have been rooted out. These companies are all leaders in their field, supported by secular trends, producing solid results in 2023, expected to grow in 2024 and have exposure to AI.

The Top 5 High Yield Blue Chip Dividend-Paying Tech Stocks

WASHINGTON , Aug. 30, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced that its federal human resources (HR) shared service solution, IBM Federal HR Cloud, received Federal Risk and Authorization Management Program (FedRAMP) authorization. Introduced in 2013 and currently servicing over 500,000 employees across five federal agencies, the IBM Federal HR Cloud is the only private sector HR shared services solution certified by the U.S. Office of Personnel Management (OPM) that actively services federal agencies.

IBM Receives FedRAMP Authorization for its Federal HR Shared Services Solution

TOKYO and ARMONK, N.Y. , Aug. 29, 2023 /PRNewswire/ -- FUJIFILM Corporation (President and CEO, Representative Director: Teiichi Goto) and IBM (NYSE: IBM) today announced the development of a 50TB native tape storage system, featuring the world's highest native data tape cartridge capacity1.

Fujifilm and IBM Develop 50TB Native Tape Storage System, Featuring World's Highest Data Storage Tape Capacity(1)

IBM introduces Watsonx, a next generation AI and data platform designed to support organizations by capitalizing true potential of advanced AI technology.

IBM Unveils Enterprise-Focused Advanced AI Platform Watsonx

Kroger

Philip Morris

Sempra Energy

Exxon Mobil

While hanging up the boots may be a concept that's decades away for some of you, it's never too early to start targeting retirement stocks to buy. Of course, if you're younger, you have the luxury of time to take some risks.

7 Reliable Retirement Stocks to Secure a Golden Future

Akamai Technologies

Check Point Software Technologies

Cisco Systems

Fortinet

Palo Alto Networks

SentinelOne

As the digital world races forward, the need to shield its expanses becomes increasingly important. Enter cybersecurity, standing tall as one of the most compelling investment themes for the upcoming decade.

These Are the ONLY 7 Cybersecurity Stocks to Consider in August 2023

IonQ

Microsoft

Palantir Technologies

Splunk

Traders were on edge this week as Nvidia geared up to report Q2 earnings. In an interview with InvestorPlace.com contributor Michael Gayed, Shrey Dua summarizes how a bad quarterly report from Nvidia (NASDAQ: NVDA ) could send the entire market down the drain.

5 Stocks Set to Surge on Nvidia's Blowout Earnings

News for IBM Stock (IBM)