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.

Palo Alto Networks

SentinelOne

Cybersecurity remains an important and fast-growing industry. The global market for cybersecurity is forecast to grow by about 10% per year and, by 2028, reach nearly $275 billion.

The 3 Most Undervalued Cybersecurity Stocks to Buy in May 2024

Amazon

CRISPR Therapeutics

Alphabet

Microsoft

Taiwan Semiconductor Manufacturing

They say the best time to invest was 20 years ago. And indeed, that's not too long after the early 2000s recession bottomed out.

7 No-Brainer Stocks to Buy and Hold for the Next 20 Years: May 2024

More than half of CEO respondents say they are pushing their organization to adopt gen AI more quickly than some employees are comfortable with Half of CEOs surveyed say they are hiring for gen AI-related roles that didn't exist last year, but more than half have not yet assessed the impact of the technology on their workforce ARMONK, N.Y. , May 16, 2024 /PRNewswire/ -- A new study by the IBM (NYSE: IBM) Institute for Business Value found that surveyed CEOs are facing workforce, culture and governance challenges as they act quickly to implement and scale generative AI across their organizations.

IBM Study: As CEOs Race Towards Gen AI Adoption, Questions Around Workforce and Culture Persist

IBM plans to hire up to 800 more people in Ireland to help build advanced software underpinned by AI technology, the biggest job announcement in the country's multinational sector this year, state investment agency IDA Ireland said on Thursday.

IBM to add 800 AI-related jobs in Ireland

International Business Machines Corp. and cybersecurity firm Palo Alto Networks on Wednesday announced an expansive partnership under which both companies will work together to offer security services powered by artificial intelligence, amid growing sophistication in online data breaches.

IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher

Palo Alto Networks is buying IBM's QRadar as part of a bigger partnership between the two companies.

Palo Alto Networks is buying security assets from IBM to expand customer base

News Summary:   IBM to platformize internal security solutions with Palo Alto Networks; Palo Alto Networks will be its preferred cybersecurity partner across network, cloud and SOC Palo Alto Networks will incorporate watsonx large language models (LLMs) in Cortex XSIAM to deliver additional Precision AI™ solutions IBM will bolster its leading security services to drive a significant book of business in cybersecurity and AI security, featuring Palo Alto Networks platforms in its expanded portfolio IBM will train more than 1,000 of its security consultants on migration, adoption and deployment of Palo Alto Networks products Palo Alto Networks has agreed to acquire IBM's QRadar Software as a Service (SaaS) assets, and the two companies will partner to offer seamless migration for QRadar customers to Cortex XSIAM IBM will accelerate innovation and investment in data security and identity and access management for hybrid cloud and AI; will partner with Palo Alto Networks on security operations, threat management, and DevSecOps SANTA CLARA, Calif. and ARMONK, N.Y.

Palo Alto Networks and IBM to Jointly Provide AI-powered Security Offerings; IBM to Deliver Security Consulting Services Across Palo Alto Networks Security Platforms

Qiskit now refined as a comprehensive quantum software stack, focused on performance and stability to fully harness the power of utility-scale quantum hardware, and enable users to run increasingly more complex quantum circuits in the search for quantum advantage. YORKTOWN HEIGHTS, N.Y.

IBM Expands Qiskit, World's Most Performant Quantum Software

ConocoPhillips

Disney

Warren Buffett might be the greatest investor of all time, but he's not immune from making mistakes. This was on full display at the recent Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) annual meeting, where Buffett disclosed that he had sold the company's entire stake in Paramount Global (NASDAQ: PARA ) at a substantial loss.

Warren Buffet's Blunders: 3 Investments Even the Oracle Regrets

Cisco Systems

Hewlett Packard

The M&A strategy heralds a new era of innovation in AI-driven cybersecurity solutions for technology firms like Cisco (CSCO), IBM and Hewlett Packard (HPE).

3 Tech Acquisitions YTD Likely to Reshape Sector Dynamics

Walgreens

Exxon Mobil

Blue-chip stocks to sell might seem odd, especially in a year with rising corporate earnings, a U.S. presidential election and possibly three rate cuts. However, stock investors must stay watchful, especially with the S&P 500 and Dow Jones Industrial Average up 10% and 4.7%, respectively, far from a bull run.

Blue-Chip Blues: 3 Stocks to Ditch Before They Drag You Down

Brookfield Infrastructure Partners L.P.

Palantir Technologies

You know artificial intelligence (AI) is reaching the mania stage when the FUD (fear, uncertainty, and doubt) headlines appear. However, many of the headlines don't tell you to avoid AI stocks.

Overlooked AI Gems: 3 Under-the-Radar Stocks With Massive Potential

HashiCorp

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HashiCorp Inc. (NasdaqGS: HCP) to (NYSE: IBM). Under the terms of the proposed transaction, shareholders of HashiCorp will receive $35.00 in cash for each share of HashiCorp that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the conside.

HASHICORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP

Coinbase

Mastercard

Investing in the blockchain and cryptocurrency realm presents a spectrum of opportunities, each with its unique risk-reward dynamics. While directly investing in cryptocurrencies like Bitcoin ( BTC-USD ) exposes investors to the inherent volatility of these digital assets, exploring blockchain stocks offers a distinct approach that could potentially amplify returns while introducing a different set of considerations.

The 3 Most Undervalued Blockchain Stocks to Buy in May 2024

Salesforce

NVIDIA

Many artificial intelligence (AI) stocks have bid up quite a bit over the past year as investors have rushed to bet on the revolutionary new technology. Generative AI remains a profound technology today, as it did during the early days of the AI-fuelled stock rally.

The 3 Most Undervalued AI Stocks to Buy in May 2024

ARMONK, N.Y. , May 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the availability of IBM Copilot Runway, a new offering from IBM Consulting designed to help enterprises create, customize, deploy and manage copilots including Copilot for Microsoft 365.

IBM Introduces New Microsoft Copilot Capabilities to Fuel AI-Powered Business Transformation

Atmos Energy

Stanley Black & Decker

Hotter-than-expected inflation, recession fears and market volatility have created an uncertain environment for investors. In times like these, Dividend Aristocrat stocks can be your best friend if you're building your portfolio for long-term growth.

Income Investors! Lock In These 3 Dividend Aristocrat Stocks Now

ServiceNow

LAS VEGAS--(BUSINESS WIRE)--Knowledge 2024 – Today, at ServiceNow's annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW), the AI platform for business transformation, announced a collaboration with IBM (NYSE: IBM) to accelerate the impact of generative AI (GenAI) across the enterprise. A new integration will combine the power of the Now Platform with IBM watsonx to boost productivity for mutual customers and partners. ServiceNow will also incorporate watsonx.ai and IBM Gran.

ServiceNow and IBM Collaborate to Accelerate the Impact of Generative AI Across the Enterprise

SAP SE

New Value Generation partnership initiative focused on delivering greater client productivity and innovation with new generative AI capabilities and industry-specific cloud solutions ARMONK, N.Y. and WALLDORF, Germany , May 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) and SAP SE (NYSE: SAP) today announced their vision for the next era of their collaboration, which includes new generative AI capabilities and industry-specific cloud solutions that can help clients unlock business value.

IBM and SAP Plan to Expand Collaboration to Help Clients Become Next-Generation Enterprises with Generative AI

QUALCOMM

One of them has been a major presence in American corporate life for over a century. The other dividend increase comes from a big name in the field of mobile telephony.

These 2 Tech Stocks Just Declared Dividend Raises

International Business Machines has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.0% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources.

IBM A Top Socially Responsible Dividend Stock With 4.0% Yield

SEATTLE--(BUSINESS WIRE)-- #antimalware--Cyemptive Names Former IBM/Hitachi Partner Executive, European Entrepreneurial Leader Wessel Graatsma Vice President Cybersecurity Solutions Europe.

Cyemptive Technologies Names Former IBM and Hitachi Partner Executive and European Entrepreneurial Leader Wessel Graatsma as Vice President Cybersecurity Solutions Europe

Apple

Sixty-three years ago this month, the world's first supercomputer was born. In May of 1961, IBM introduced its Model 7030, also known as “Stretch.

Is Apple at Risk of Becoming the Next IBM?

Honeywell

Quantum computing is a space that leverages advanced computing techniques and quantum mechanics to solve problems that trouble conventional computers. This includes a variety of optimization applications, such financial modeling, weather and climate forecasting and traffic optimization.

The 3 Most Undervalued Quantum Computing Stocks to Buy in May 2024

Cerence

Duos Technologies Group

While artificial intelligence represents one of the hottest ticket items out there, the reality is that many if not most AI stocks are overvalued. However, digital intelligence doesn't have to come at a premium price.

News for IBM Stock (IBM)