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.

ServiceNow

Technology stocks have come under pressure lately as the Nasdaq 100 index has dropped for five straight days, reaching its lowest point since June 24th. It has retreated by 5.57% from its highest level this year.

Technology stock charts of the week: IBM and ServiceNow

IBM's consulting expertise drives strong partnerships while exploiting a unique business advantage. The company's ethical approach to AI ensures trust and reliability -- another angle you'd think more AI providers would focus on.

1 Top Artificial Intelligence (AI) Stock to Buy in July

Intel

IonQ

Quantum computing stocks are working toward creating and selling quantum computers and other quantum products. These technologies are based on principles of quantum mechanics.

3 Quantum Computing Stocks That Could Grow Your Wealth

IBM collaborates with the U.S. Agency for International Development to enhance cybersecurity across Europe and Eurasia.

IBM to Boost Cybersecurity Measures in Europe and Eurasia

Honeywell

In recent decades, researchers have plunged into the deepest depths of the sea and discovered the potential in chemical compounds that were previously considered unpromising in terms of practical applications. It may seem like there are no more areas in which a breakthrough can occur to stimulate economic development.

3 Quantum Sensing Stocks Detecting Hidden Opportunities

IBM appears to be treading in the middle of the road, and new investors could be better off if they trade with caution.

Should You Bet on IBM Stock Ahead of Q2 Earnings Release?

Juniper Networks

As of July 18, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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IBM (IBM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will IBM (IBM) Beat Estimates Again in Its Next Earnings Report?

IBM (IBM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IBM (IBM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Five-year contract with $26 million in initial funding focuses on developing effective cybersecurity systems, procedures, and technology solutions  WASHINGTON , July 17, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID) to support its Cybersecurity Protection and Response (CPR) program aimed to expand and enhance the agency's cybersecurity response support for host governments in the Europe and Eurasia (E&E) region. IBM's multidisciplinary team will provide the continuous assistance needed to help USAID strengthen the ability of host government agencies and critical infrastructure operators to identify, protect, detect, respond to, and recover from cyberattacks.

IBM Wins Contract to Strengthen USAID Cybersecurity Response in Europe and Eurasia

Lee and I keep a list of companies we love to hate, and IBM (NYSE: IBM) is a prime example.

This Is the Worst Tech Company on Planet Earth

Jones Lang LaSalle

IBM and Jones Lang team up to revolutionize ESG reporting in commercial real estate with a cutting-edge sustainability solution.

IBM, Jones Lang Unite to Boost ESG Reporting in the CRE Sector

Evercore ISI analyst Amit Daryanani placed shares of software firm IBM on the firm's Tactical Outperform list.

IBM Reports Earnings in a Week. One Analyst Says Buy Stock Now.

Toronto, July 16, 2024 (GLOBE NEWSWIRE) -- York University's Lassonde School of Engineering proudly announces the early success of its Digital Technologies BASc program, Canada's first fully work-integrated degree, as detailed in the newly released, ‘Breaking Ground on Fully Work-Integrated Degree Programs: Early Findings Revealed Impact Summary 2024.'

York University's Digital Technologies program, Canada's first fully work-integrated degree, completes first year with 100 per cent student contract renewals and new IBM partnership

In the latest trading session, IBM (IBM) closed at $182.88, marking a +0.03% move from the previous day.

IBM (IBM) Ascends But Remains Behind Market: Some Facts to Note

BofA Securities analyst Wamsi Mohan provides earnings preview ahead of International Business Machines Corporation IBM second-quarter results release after market close on July 24.

What To Expect From IBM's Q2 Earnings? BofA Forecasts No Change In Annual Outlook

HashiCorp

The Federal Trade Commission (FTC) has made a "second request" for additional information around IBM's (IBM) plan to acquire cloud software company HashiCorp (HCP) for $6.4 billion.

FTC Requests More Information on $6.4B IBM Planned Acquisition of HashiCorp

CHICAGO, July 15, 2024 /PRNewswire/ -- IBM (NYSE:IBM) and JLL (NYSE:JLL) today announced a sustainability solution powered by IBM Envizi technology and delivered by JLL's sustainability services team, available globally. JLL's Sustainability Program Management, which provides sustainability services, such as decarbonization strategies to the commercial real estate (CRE) sector, will now be underpinned by ESG reporting and data management software in the form of the IBM Envizi ESG Suite.

IBM and JLL Collaborate on ESG Reporting and Data Management Solution for Commercial Properties

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Alphabet

Microsoft

While the term artificial intelligence (AI) has become something of a buzzword recently, the more accurate term for what most AI companies are aiming to achieve is machine learning. However, due to the cultural popularity of AI thanks to science fiction and Hollywood, the term has eclipsed machine learning as the primary descriptor for the current trend of data analytics and targeted information searches that constitute much of the AI sector.

3 Machine Learning Marvels That Could Make You Rich

IRVINE, Calif. & LONDON--(BUSINESS WIRE)--Kantata, a leading global supplier of purpose-built technology for professional services, today announced an impressive achievement by Waeg, a Salesforce Platinum Partner at the forefront of multi-cloud software and business automation development. Waeg saw a significant 85% reduction in time to invoice customers, from an average of 4 weeks to just 3 days, after adopting Kantata SX, Kantata's Salesforce native solution, to drive increased efficiency acr.

Waeg, An IBM Company, Achieves An 85% Reduction In Time To Invoice Customers with Kantata's Professional Services Cloud

ARMONK, N.Y. , July 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its second-quarter 2024 financial results on Wednesday, July 24, 2024 at 5:00 p.m.

IBM to Announce Second-Quarter 2024 Financial Results

HIROSHIMA, Japan , July 10, 2024 /PRNewswire/ -- Today, at the AI Ethics for Peace: World Religions commit to the Rome Call event, IBM (NYSE: IBM) reaffirmed its leadership and commitment to the Rome Call for AI Ethics. Hosted by the Vatican's RenAIssance Foundation, in collaboration with the Pontifical Academy of Life, Religions for Peace Japan, United Arab Emirates' Abu Dhabi Forum for Peace and the Chief Rabbinate of Israel's Commission for Interfaith Relations, this latest gathering for the Rome Call welcomes the co-signage of eastern religious leaders and seeks to shape the technical progress to support the progress of humanity, and inspire peaceful collaboration and global unity for ethical AI development, the core principle of the document.

IBM Recommits to the 'Rome Call for AI Ethics' as the Vatican Welcomes Eastern Religions to the Pledge

Computing behemoth IBM is slated to report its Q2 2024 results in mid-July, reporting on a quarter that is likely to see the company's sales decline, amid cooling IT spending. We expect revenue to come in at about $14.6 billion, a 6.6% decline compared to the last year, although this would be slightly ahead of the consensus estimates.

Up 30% In Last Twelve Months, Will AI And Red Hat Power IBM's Stock Higher Post Q2 Results?

IBM (IBM) concluded the recent trading session at $177.64, signifying a +0.92% move from its prior day's close.

News for IBM Stock (IBM)