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.

Alibaba

Baidu

Alphabet

Tencent Holdings Limited

Three Chinese companies make the list of the cheapest AI stocks. Two U.S. AI leaders are also more attractively valued than many of their peers.

The 5 Cheapest Top AI Stocks on the Market Right Now

Bit Digital, Inc

Coinbase

NVIDIA

PayPal

Riot Blockchain

Visa

We all know that the cryptocurrency sector imposes significant volatility on would-be participants, thus making blockchain stocks quite attractive. Rather than exclusively focusing on the wild gyrations of market sentiment, these enterprises seek to leverage (to varying degrees) blockchain technology.

7 Blockchain Stocks to Buy for Investors Scared of Cryptos

Amazon

Mastercard

A blockchain network is a distributed ledger full of “blocks” of data that make up an immutable chain. Two compelling features of blockchain ledgers are that they cannot be modified retroactively, making them very secure.

3 Blockchain Companies That Could Revolutionize Industries

Like its cloud peers, IBM experienced slower revenue growth. A low forward P/E ratio and a generous payout could draw value investors.

IBM's Earnings Release Shows It's an Excellent Choice for One Type of Investor

Intercontinental Exchange

ARMONK, N.Y. , April 24, 2023 /PRNewswire/ -- IBM (NYSE: IBM) announced today that it is collaborating with the New York Stock Exchange (NYSE), part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, to help support NYSE-listed companies with their environmental, social, and governance (ESG) efforts.

IBM to Help Support NYSE Listed Companies with their ESG Efforts

Modernized, unified interface streamlines analyst response across full attack lifecycle Sophisticated AI and automation capabilities shown to speed alert triage by average of 55%1 ARMONK, N.Y. , April 24, 2023 /PRNewswire/ -- Today IBM (NYSE: IBM) unveiled its new security suite designed to unify and accelerate the security analyst experience across the full incident lifecycle.

IBM Launches New QRadar Security Suite to Speed Threat Detection and Response

IBM reported first-quarter earnings that may have reassured dividend stock investors.

Is IBM a Safe Dividend Stock Now?

Apple

Microsoft

With Microsoft, Alphabet, Amazon and Meta Platforms all slated to report earnings this coming week, investors are turning their attention away from bank earnings to Big Tech.

Big Tech earnings are on deck this week. Why that matters

Moderna

Moderna plans to use IBM's AI and quantum computing platforms in its mRNA research. The biotech's CEO aims for “breakthrough advances.

Can This AI Deal With IBM Be a Game-Changer for Moderna?

Curaleaf Holdings, Inc.

IBM's first-quarter results were “better than feared” after higher margins counteracted the computing firm's revenue miss, said Wedbush.

IBM impresses, good news for Curaleaf, and junior resource companies shine in the analyst calls of the week

IBM's (NYSE: IBM) share price is struggling to hold gains inspired by the Q1 earnings report, and they may move lower but don't take this as a signal to sell. The results failed to sustain a rally, but they aren't bad.

No, It Isn't Time To Sell IBM Stock

Democratic Large Cap Core ETF

Invesco Dow Jones Industrial Average Dividend ETF

VanEck Morningstar High Dividend ETF

First Trust Morningstar Dividend Leaders Index Fund

First Trust NASDAQ Technology Dividend Index Fund

After the closing bell on Apr 20, International Business Machines (IBM) reported solid first-quarter 2023 results. This has put ETFs having the highest allocation to this tech giant in the spotlight.

IBM Strong Q1 Earnings Put These ETFs in Focus

IBM's single-digit revenue growth was slightly below expectations, but profits were higher. Big Blue continues to focus on cloud computing and AI, but its turnaround is ongoing.

Why IBM Stock Rallied Thursday Morning

IBM's first-quarter results were “better than feared” after higher margins counteracted the computing firm's revenue miss, said Wedbush. Analysts were buoyed by IBM's quarterly results, which came in ahead of first-quarter 2023 adjusted earnings of $1.36 per share, surpassing the consensus estimate of $1.26 per share.

IBM 1Q results better-than-expected with more to come in second half: Wedbush

Moderna's partnership with IBM comes as the drugmaker navigates its post-pandemic boom driven by its mRNA Covid vaccine.

Moderna teams up with IBM to put AI, quantum computing to work on mRNA technology used in vaccines

Moderna's CEO said the partnership will allow the company to advance and accelerate its mRNA research and help it build a “quantum-ready workforce.”

Moderna Partners With IBM Hoping AI Can Help Develop More mRNA Medicine

Over the past five years, the stock of International Business Machines Corp. (NYSE: IBM) is down 7%.

IBM's Dismal Results

Despite a healthy demand for hybrid cloud and AI solutions, IBM's revenues in first-quarter 2023 missed the Zacks Consensus Estimate.

IBM Q1 Earnings Beat, Revenues Miss Despite Cloud Demand

IBM grew revenue in the first quarter, and it expanded its profit margins across its segments. The company's focus on helping large enterprises adopt hybrid cloud infrastructures and improve efficiencies is paying off.

IBM's Focus on Profit Margins Pays Off

Las Vegas Sands

Tesla

Here are some of the biggest movers on Thursday, with a slide in Tesla stock rattling the broader market.

Tesla's stock slide rattles carmakers; IBM, Las Vegas Sands shares rise, and more big movers

Moderna invests in developing quantum computing skills and exploring the use of quantum computing in developing future mRNA medicines Agreement with IBM includes investments in generative AI to improve product design CAMBRIDGE, MA and ARMONK, NY / ACCESSWIRE / April 20, 2023 / Moderna, Inc. (Nasdaq:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and IBM (NYSE:IBM) today announced an agreement under which Moderna will explore next generation technologies including quantum computing and artificial intelligence to advance and accelerate mRNA research and science. "Since our inception, we have always strived to be at the forefront of cutting-edge technology, leveraging innovations to deliver the greatest possible impact to people through mRNA medicines," said Stéphane Bancel, Chief Executive Officer of Moderna.

Moderna and IBM to Explore Quantum Computing and Generative AI for mRNA Science

IBM and Moderna announced a new partnership today to explore the potential of generative AI and quantum computing.

IBM and Moderna explore quantum computing and generative AI with new partnership

While the top- and bottom-line numbers for IBM (IBM) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

IBM (IBM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

International Business Machines Corporation (IBM) Q1 2023 Earnings Call Transcript

IBM (NYSE: IBM), on Wednesday, reported better-than-expected earnings for its first financial quarter. Its shares still gained only slightly in extended trading.

News for IBM Stock (IBM)