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.

AbbVie

Amazon

Chevron

MercadoLibre

PayPal

Service Corp

While swinging for the fences brings excitement to the art of investing, slow and steady usually wins the race, which brings us to the best investments for 40-year-olds. Around this time frame, the emphasis centers on balance.

7 Stocks That Every 40-Year-Old Should Buy Today

IBM Corp's recently-announced acquisition of Apptio Inc for $4.6 billion is “a bit pricey” relative to public small-cap software valuations, UBS analysts wrote in a note to clients.   They have a ‘Sell' rating on shares of IBM with a 12-month target price of US$110 per share.

IBM stock slapped with ‘Sell' rating on view ‘Big Blue' paid too much for Apptio

IBM's transition toward AI and cloud began nearly a decade ago, shaping its present-day business model. The rise of generative AI, led by ChatGPT, offers IBM a unique opportunity to market its broad portfolio of AI tools.

Will IBM's AI Investments Actually Pay Off?

The transaction is likely to bolster IBM's IT automation capabilities, empowering enterprise leaders to generate incremental value across the technology domain.

IBM to Acquire Apptio to Enhance IT Automation Capabilities

The acquisition news was a rare glimmer of hope for IBM's share price, given the stock has had a gloomy 2023 so far.

IBM Is Cloudgazing With Its Latest $4.6 Billion Software Company Acquisition

IBM has agreed to buy FinOps software provider Apptio for $4.6 billion. The move makes sense, bringing Apptio's cloud and IT spend management tools, along with a ton of data for IBM's AI products.

IBM Makes a Smart $4.6 Billion Acquisition

Half (50%) of CEOs surveyed report they are already integrating generative AI into digital products and services, but more than half (57%) of CEO respondents are concerned about data security and 48% worry about bias or data accuracy  Fewer than one in three CEOs (28%) surveyed have assessed the potential impact of generative AI on their workforces, and 36% say they plan to do so in the next 12 months ARMONK, N.Y. , June 27, 2023 /PRNewswire/ -- A new global study by the IBM (NYSE: IBM) Institute for Business Value found that nearly half of CEOs surveyed identify productivity as their highest business priority—up from sixth place in 2022.

IBM Study: CEOs Embrace Generative AI as Productivity Jumps to the Top of their Agendas

IBM (NYSE: IBM) just announced plans of buying Apptio – a Washington-based software company that will help advance its automation capabilities. Apptio could boost Red Hat sales The tech behemoth has agreed to pay $4.6 billion in cash for the said acquisition.

IBM is buying Apptio – its seventh acquisition in 2023

Mastercard

Block

Finding millionaire-maker blockchain stocks can be tricky. Blockchain stocks include all companies investing in the distributed ledger technology.

3 Millionaire-Maker Blockchain Stocks to Buy And Hold Forever

IBM announced a deal Monday to buy Apptio for $4.

IBM's $4.6B Apptio deal marks another new era for Seattle-area cloud and IT management company

IBM announced today that it aims to acquire software provider Apptio as its latest push into cloud-computing and AI technology.

IBM Buys Software Company Apptio for $4.6 Billion

Tech giant IBM has finalized a deal for the software provider Apptio for $4.6 billion from Vista Equity Partners, giving the tech company greater automation capabilities.

IBM pays nearly $5B for software provider Apptio

IBM will acquire Apptio, which offers financial and operational IT management and optimization software

IBM to acquire software company Apptio for $4.6 billion

Apple

American Express

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN

Caterpillar

Celsius Holdings

Vita Coco

Cisco Systems

Dow Inc

Enphase Energy

Intel

Coca-Cola

NIKE

Direxion Daily Semiconductor Bear 3x Shares

Direxion Daily Small Cap Bear 3x Shares

United Natural Foods

Direxion Daily Consumer Discretionary Bull 3X Shares

Two new Breakout Stocks for Week 26 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are down to +101.9% YTD. Last week was the worst week in 2023 for breakout picks and first week since February that neither the MDA nor Bounce/Lag models had any 10% peak gainers. The streak of weekly picks gaining over 10% in less than a week has reached 252 out of 317 trading weeks (79.5%) not considering multiple gainers or negative signals.

June MDA Breakout Stocks/ETFs Week 26 - 2023: High-Frequency Gainers To Give You An Edge

International Business Machines Corporation (IBM) is bolstering its cloud and artificial intelligence (AI) capabilities with the acquisition of Apptio from Vista Equity Partners for $4.6 billion. Apptio is a leader in financial operational IT management and optimization (FinOps) software and has over 1,500 clients, IBM noted in a statement.

IBM to acquire FinOps leader Apptio for $4.6B to enhance cloud and AI capabilities

As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.

IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services

The all-cash deal for the IT management company is subject to approvals and is expected to close in the latter half of 2023.

IBM Buys Software Firm Apptio for $4.6 Billion

International Business Machines Corp. plans to acquire Apptio Inc. in a deal that values the maker of financial and operational-management software at $4.6 billion, the technology giant confirmed Monday morning.

IBM confirms $4.6 billion all-cash deal for Apptio

$4.6 billion acquisition to advance IBM's existing resource optimization, observability and application management offerings, maximize value for clients and drive significant synergies across several IBM growth areas ARMONK, N.Y. , June 26, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has entered into a definitive agreement with Vista Equity Partners to purchase Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, for $4.6 billion.

IBM to Acquire Apptio Inc., Providing Actionable Financial and Operational Insights Across Enterprise IT

Tesla

Stock gainers: Novo Nordisk shares NVO, -0.59% nudged up by 1% as the drugmaker reported a study showing an oral version of its popular weight-loss drug works.

Tesla stock slips on downgrade, IBM shares ease on reported deal and other stocks on the move

Tech giant IBM is reportedly looking to finalize a deal for the software provider Apptio that could have a $5 billion price tag.

IBM close to $5B deal for software provider Apptio: report

Archer-Daniels-Midland Company

ConocoPhillips

CVS Health

Energy Transfer LP Unit

Ford Motor Company

MetLife

Pfizer

Philip Morris

Southern Company

Verizon

WestRock

Exxon Mobil

The June/July 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. To sniff out the best dividend buys, I focused on 68 industry leaders using YCharts 6/22/23 data. Those 68 industry leaders were segmented into 21 business sectors ranging (alphabetically) from apparel to transportation. 58 dividend yielding stocks highlighted those 68 industry leaders and ranged 0.17% to 9.71% in annual yield and ranged -48.62% to 44.50% in broker-estimated one-year price-target-upsides by YCharts 6/22/23 reckoning.

500 Top Dividend Dogs

International Business Machines Co. IBM, -1.33% is close to a deal to buy cloud-based business software company Apptio Inc. for more than double its purchase price five years ago, the Wall Street Journal reported late Friday. IBM could close a deal to buy Apptio from private-equity firm Vista Equity Partners, possibly over the weekend, for around $5 billion, the WSJ reported, citing unnamed sources close to the advanced talks.

IBM nears deal to buy software company Apptio for $5 billion: WSJ

Purchase of Apptio, owned by private-equity firm Vista Equity Partners, could be finalized over the weekend.

IBM Nears $5 Billion Deal for Software Provider

In trading on Thursday, shares of International Business Machines were yielding above the 5% mark based on its quarterly dividend (annualized to $6.

News for IBM Stock (IBM)