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.

IBM's share price weakness belies its underlying strengths and forward potential. It's transitioning into growth areas including hybrid cloud and AI, a move that's been validated by tech peers.

IBM: Total Returns May Surprise You

IBM Cloud Pak for Watson AIOps will be adopted to help Telcom Egypt maintain control & governance over their IT operations Telecom Egypt plans to leverage IBM Robotic Process Automation (RPA) to reduce their reporting time CAIRO, Egypt , March 13, 2023 /PRNewswire/ -- Telecom Egypt (TE), a leading network operator in Egypt announced that they are working with IBM (NYSE: IBM) to adopt intelligent automation technologies to implement an umbrella solution for all its operations support systems (OSS) on mobile, fixed, and core networks. TE will adopt IBM Cloud Pak for Watson AIOps deployed on RedHat OpenShift and implement IBM Robotic Process Automation (RPA) solutions.

IBM brings intelligent automation software to Telecom Egypt to transform their network operations

NEW YORK , March 13, 2023 /PRNewswire/ -- Attention International Business Machines Corporation ("IBM") (NYSE: IBM) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between January 18, 2018 and October 16, 2018. If you suffered a loss on your investment in IBM, contact us about potential recovery by using the link below.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind IBM Investors of a Lead Plaintiff Deadline of March 14, 2023

LOS ANGELES, CA / ACCESSWIRE / March 12, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against International Business Machines Corporation ("IBM" or "the Company") (NYSE:IBM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between January 18, 2018 and October 16, 2018, inclusive (the "Class Period"), are encouraged to contact the firm before March 14, 2023.

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in International Business Machines Corporation with Losses of $100,000 to Contact the Firm

Honeywell

IonQ

Investors looking for the best quantum computing stock to buy now are set to be among the biggest beneficiaries of this new technology being adopted for everyday use. These computers are far more efficient than regular computers and can be scaled much more easily than transistor-based CPUs, which cannot get smaller than an atom.

What Is the Best Quantum Computing Stock to Buy Now? Our 3 Top Picks.

Conagra Brands

Chevron

NextEra Energy

Pfizer

Rio Tinto plc Sponsored

Waste Management

Although financial advisors often urge the public to start saving for retirement as soon as possible, the realities of life mean that several people in their 30s must consider certain investment opportunities for beginning investors. To encourage anyone in this situation, it's never too late to start planning ahead.

7 Compelling Investment Opportunities for Beginning Investors in Their 30s

IBM is now back on a growth path as the company has shifted from distributing its free cash flow to shareholders to making acquisitions and growing profits. Hybrid Cloud and AI will be IBM's big growth engines in the coming years, and with AI making strong progress to become a major contributor to the economy.

IBM: Hybrid Cloud And AI Are Strong Growth Drivers

Amcor Plc

Franklin Resources

Cardinal Health

Essex Property Trust

Federal Realty Investment Trust

Johnson & Johnson

Medtronic

Realty Income Corp

Sysco

T. Rowe Price Group

V.F.

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. 67 Aristocrats screened as of March 8, 2023, represented all eleven Morningstar Sectors. Broker estimated top ten net gains ranged 16.32%-32.64% topped by WBA & VFC.

The 4 Dividend Aristocrat Buys For March

Kinder Morgan

Altria

Newell Brands

Pioneer Natural Resources

Verizon

Investors love dividend stocks. Not only do they provide dependable income, but they also give investors a great opportunity for solid total return.

The 7 Highest Yielding S&P 500 Stocks Are Very Safe Buys for the Rest of 2023

NEW YORK , March 10, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of International Business Machines Corporation (NYSE: IBM). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/international-business-machines-corporation-class-action-submission-form/?id=37152&from=4 The lawsuit seeks to recover losses for shareholders who purchased IBM between January 18, 2018 and October 16, 2018.

IBM SHAREHOLDER ALERT: Jakubowitz Law Reminds IBM Shareholders of a Lead Plaintiff Deadline of March 14, 2023

Aims to accelerate etisalat by e& sustainability initiatives using IBM software DUBAI, UAE, March 9, 2023 /PRNewswire/ -- IBM (NYSE: IBM) and etisalat by e&, announced that the company will leverage IBM sustainability software to help advance etisalat by e& company's environmental, social and governance (ESG) strategy.  etisalat by e& is committed to a progressive journey of monitoring, benchmarking, and enhancing its economic, environmental, and social performance.

etisalat by e& chooses IBM to help operationalize sustainability across their businesses

NEW YORK , March 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in International Business Machines Corporation ("IBM" or the "Company") (NYSE: IBM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of IBM investors who were adversely affected by alleged securities fraud between January 18, 2018 and October 16, 2018.

IBM LAWSUIT ALERT: Levi & Korsinsky Notifies International Business Machines Corporation Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , March 8, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between January 18, 2018 and October 16, 2018, both dates inclusive (the "Class Period") of the important March 14, 2023 lead plaintiff deadline.  SO WHAT: If you invested in IBM securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

IBM DEADLINE: ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages International Business Machines Corporation Investors to Secure Counsel Before Important March 14 Deadline in Securities Class Action Initiated by the Firm - IBM

Help clients manage environmental, social and governance (ESG) matters, work together to build business strategy and demonstrate positive correlation between purpose and financial performance Combine EY and IBM capabilities to help address increasing requirements and help operationalize client improvement programs Integrate technologies to help address the complexities of ESG data volume and types and customer Hybrid IT preferences LONDON , March 8, 2023 /PRNewswire/ -- The EY organization (EY) and IBM (NYSE: IBM) today announce a global collaboration to focus on environmental, social and governance (ESG) solutions that aim to help organizations accelerate business transformation with value-led sustainability. EY and IBM teams will pursue innovative offerings that help integrate sustainability with business strategy, support the operationalization of their programs with speed and scale, and transform how value is created for their business, their stakeholders, their people and the planet.

EY and IBM collaborate to address complex ESG challenges and drive value-led sustainability

Amgen

Boeing

Cisco Systems

Disney

Dow Inc

Coca-Cola

UnitedHealth Group

Walmart

"The Dow [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration." – Dow Jones & Co. The highest-yield 10 are March's Dogs of the Dow: JNJ, KO, CSCO, AMGN, CVX, DOW, IBM, WBA, MMM, and VZ, averaging a 4.41% annual yield.

2 March Dogs Of The Dow To Buy, 4 More To Watch

NEW YORK , March 8, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of International Business Machines Corporation. Shareholders who purchased shares of IBM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of International Business Machines Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 14, 2023 - (NYSE: IBM)

International Business Machines Corporation (NYSE:IBM ) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2023 1:25 PM ET Company Participants James Kavanaugh - Senior Vice President and Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Erik Woodring All right. So I think we are going to get started.

International Business Machines Corporation (IBM) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Danone SA

A handful of big corporate names, including IBM and the North American arm of Italian tire maker Pirelli, have said they'll limit or forgo lobbying and political candidate contributions in an effort to rein in what some observers believe is an aggressive degree of corporate influence on lawmakers.

IBM, Pirelli, Danone among first to sign pact limiting record lobbying spending

Amazon

Alphabet

Microsoft

NVIDIA

The buzz was there for years: artificial intelligence (AI) is the next big thing. As usual when it comes to technology innovation, the opening salvos from private equity and others took quite a while to catch up with reality.

Big Tech Is the Big Artificial Intelligence Winner: Grab These 5 Top Stocks Before It's Too Late

Bank of America

Blackrock Inc

Bayerische Motoren Werke AG

CVS Health

Nordstrom

Lowe's

Southwest Airlines

Morgan Stanley

Charles Schwab

Toyota Motor

Unilever

Fortune Magazine February/March 2023 Issue listed 50 World's Most Admired (WMA) companies based on a poll of "some 3,760 corporate executives, directors, and securities analysts." Acclaim from the wider business community, plus standing among rivals, both factored into the ranks. For the sixteenth year in a row, Apple topped all.

3 Ideal Dividend Buys From Fortune's World's Most Admired All Stars 2023

Apple

Celsius Holdings

Two new Breakout Stocks for Week 10 with better than 10% short-term upside and a Dow 30 Picks. Average cumulative returns for 2023 are +38.0% YTD. The Momentum Gauges® were negative from Week 8 with a positive signal late in Week 9. ARAV jumped 12% to end the week with strong momentum.

MDA Breakout Stocks Week 10 - March 2023: High-Frequency Gainers To Give You An Edge

News for IBM Stock (IBM)