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 (NYSE:IBM) stock is fresh off three-straight weeks of losses, after the broader market's last selloff.

IBM Stock the Worst to Own in October

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It's imperative to understand that not all of the best long-term stocks are typically high risk, high reward. They require investors to believe in their long-term potential to gain traction and cement their positioning in their respective sectors.

The 7 Best Long-Term Stocks to Buy Now

-      Sense of duty to protect others cited amongst the top reasons 77% of respondents entered Incident Response (IR) -      Ransomware has exacerbated the psychological demands of IR for 81% of respondents -      Majority of respondents have sought out mental health assistance due to their experiences responding to cyberattacks CAMBRIDGE, Mass. , Oct 3, 2022 /PRNewswire/ -- IBM Security (NYSE: IBM) today announced the results of a global survey that examines the critical role of cybersecurity incident responders at a time when the physical and digital worlds are increasingly converging.

New IBM Study Finds Cybersecurity Incident Responders Have Strong Sense of Service as Threats Cross Over to Physical World

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A 10-year Treasury note now yields nearly 4% -- but that's still less than these three stocks offer.

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Big Blue is a technology stock but without most of the usual risks of tech stocks.

3 Reasons IBM Is a Surprisingly Strong Buy

New IBM Transformation Index: State of Cloud helps business leaders to assess gaps in their transformation journey More than half of respondents are currently concerned about security, while 53% believe ensuring compliance in the cloud is currently too difficult Nearly 70% surveyed say their team lacks the skills needed to sufficiently manage cloud environments ARMONK, N.Y. , Sept. 28, 2022 /PRNewswire/ -- New global market research from IBM (NYSE: IBM ) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together.

Global Business Leaders Say Hybrid Cloud is Critical to Modernization, Yet Security, Skills and Compliance Concerns Impede Success

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RIYADH, Saudi Arabia and ARMONK, N.Y. , Sept. 27, 2022 /PRNewswire/ -- Saudi Data and Artificial Intelligence Authority (SDAIA) and IBM (NYSE: IBM) announced today the signing of a strategic agreement to drive adoption of artificial intelligence in the carbon capture and industrial domains across the Kingdom of Saudi Arabia.

Saudi Data, AI Authority (SDAIA) and Ministry of Energy Partner with IBM to Accelerate Sustainability Initiatives in Saudi Arabia Using AI

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AT&T

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IBM will acquire Dallas software company Dialexa to spearhead the tech giant's digital product engineering services presence in the Americas.

IBM acquires Dallas tech firm for digital product expertise

Dialexa's leading digital product engineering consulting services will enhance IBM's hybrid cloud and AI capabilities, accelerate growth for clients ARMONK, N.Y. , Sept. 22, 2022 /PRNewswire/ -- IBM (NYSE: IBM ) today announced plans to acquire Dialexa, a leading U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas.

IBM Acquires Dialexa to Speed Digital Innovation

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Altria

Could now be a good time to invest in these high yield dividend stocks amid the FOMC meeting?

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International Business Machines Corporation, under new leadership, is beginning to turn a corner. The company's growth outlook has improved considerably of late after IBM spun off most of its legacy businesses last year.

IBM: A High-Yielding Income Generation Idea Worth A Look

Almost half (47%) of surveyed CSCOs said they have introduced new automation technologies in the last two years. Surveyed CSCOs ranked sustainability as their third biggest challenge in the next few years, trailing only supply chain disruptions and technology infrastructure.

IBM Study: Supply Chain Leaders Are Investing in AI and Automation to Navigate Supply Chain Uncertainties and Improve Sustainability

Philip Morris

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

As investors continue grappling with high inflation, six high dividend yield stocks with high guru sells based on second-quarter 13F filings and trade near 52-week lows are Philip Morris International Inc. ( PM , Financial), Verizon Communications Inc. ( VZ , Financial), Intel Corp. ( INTC , Financial), International Business Machines Corp. ( IBM , Financial), AT&T Inc. ( T , Financial) and 3M Co. ( MMM , Financial) according to the High Dividend Yield Guru Screen, a Premium feature of GuruFocus.

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Leveraging a hybrid environment based on IBM Cloud Satellite and Red Hat OpenShift, the platform is widely expected to address the critical business needs of large enterprises with greater efficiency.

IBM, Airtel Team Up for Secure Edge Cloud Services in India

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The right dividend stock picks can offer a little safety in difficult times. These definitely are difficult times and investors are understandably worried.

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International Business Machines Corporation (NYSE:IBM ) Goldman Sachs Communacopia + Technology Conference 2022 Call September 14, 2022 10:30 AM ET Company Participants John Granger - Senior Vice President, IBM Consulting Conference Call Participants Nick Pomponi - Goldman Sachs Nick Pomponi I hope everyone has found the last 2 days as productive. My name is Nick Pomponi and we are thrilled to have with us John Granger, who is the SVP of IBM Consulting.

International Business Machines Corporation (IBM) Goldman Sachs Communacopia + Technology Conference 2022 Transcript

D-Wave Quantum Inc

Growth stocks have been having a painful 2022. And with another big Federal Reserve rate hike on the way, the market volatility is likely to continue.

7 Quantum Computing Stock Picks to Beat the September Market Slump

Alibaba

Baidu

Quantum Computing

[Editor's note: “7 Quantum Computing Stocks to Buy for the Next 10 Years ” was previously published in July 2022 . It has since been updated to include the most relevant information available.

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Airtel platform backed by  IBM Cloud Satellite will power Maruti Suzuki's initiatives to streamline plant productivity and quality operations ARMONK, N.Y. and MUMBAI , Sept.

Airtel and IBM to Work Together to Bring Secured Edge Cloud Services to Indian Enterprises

MetLife

Prudential Financial

International Business Machines Corp. IBM, -2.61% said late Tuesday it will book a charge of about $5.9 billion in the third quarter to offload pension risk. The Armonk, NY-based tech company said in a Securities and Exchange Commission filing it is transferring about $16 billion of pension obligations, for benefits that began to be paid before 2016, through group annuity contracts to Prudential Financial Inc. PRU, -3.98% and MetLife Inc. MET, -2.99% The contracts cover 100,000 IBM participants and beneficiaries.

News for IBM Stock (IBM)