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 is likely to have recorded higher revenues from the Consulting segment backed by rising demand for technology consulting and business transformation services.

Will Solid Consulting Revenues Boost IBM's Q3 Earnings?

When IBM reports their Q3 2024 earnings Wednesday, consensus expectations will be looking for $2.23 in EPS on $2.6 billion in operating income, and $15 billion in revenue. Perhaps something the Street is warming up to is IBM's improved free cash flow. For Q4 '24 (typically IBM's strongest quarter of the year), the sell-side consensus is expecting $3.76 in EPS, $4.3 billion in operating income, and $17.9 billion in revenue.

IBM Earnings Preview: Big Technical Breakout; Company Hasn't Repo'ed Any Stock Since March '19

IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the surge in enterprises adopting generative AI technology.

IBM releases new AI models for businesses as genAI competition heats up

New Granite 3.0 8B & 2B models, released under the permissive Apache 2.0 license, show strong performance across many academic and enterprise benchmarks, able to outperform or match similar-sized models New Granite Guardian 3.0 models deliver IBM's most comprehensive guardrail capabilities to advance safe and trustworthy AI New Granite 3.0 Mixture-of-Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computing New Granite Time Series model achieved state-of-the-art performance in zero/few-shot forecasting, outperforming models 10 times larger IBM unveils next generation of Granite-powered watsonx Code Assistant for general purpose coding; Debuts new tools in watsonx.ai for building and deploying AI applications and agents Announces Granite will become the default model of Consulting Advantage, an AI-powered delivery platform used by IBM's 160,000 consultants to bring new solutions to clients faster ARMONK, N.Y. , Oct. 21, 2024 /PRNewswire/ -- Today, at IBM's (NYSE: IBM) annual TechXchange event the company announced the release of its most advanced family of AI models to date, Granite 3.0.

IBM Introduces Granite 3.0: High Performing AI Models Built for Business

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IBM's lost decade finally seems to be over. Is the company going to become the giant it was in the last century?

IBM stock finally crosses 2013 levels: is further upside possible?

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Tesla

CNBC's Jim Cramer named the big earnings reports to keep an eye on next week, including numbers from Boeing, Tesla, IBM and General Motors. He celebrated the market's lengthy winning streak and suggested it could continue.

Cramer's week ahead: Earnings from Boeing, Tesla, IBM and T-Mobile

Beyond analysts' top -and-bottom-line estimates for IBM (IBM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Unlocking Q3 Potential of IBM (IBM): Exploring Wall Street Estimates for Key Metrics

IBM is poised to benefit from strong demand for hybrid cloud and AI, driving growth in the Software and Consulting segments.

IBM Stock Before Q3 Earnings Release: To Buy or Not to Buy?

IBM is set to acquire Prescinto to expand its AI-native asset management product offerings and boost prospects in the renewable energy sector.

Will the IBM Stock Benefit From the Acquisition of Prescinto?

What's the secret to building long-lasting wealth in the stock market? Check out three household names that could boost your portfolio in the decades ahead.

3 Tenacious Stocks That Could Make You a Millionaire

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced a collaboration with Lenovo to deliver Red Hat Enterprise Linux AI (RHEL AI) on Lenovo ThinkSystem SR675 V3 servers. With this collaboration, RHEL AI is validated to support SR675 V3 servers and will be factory pre-loaded for customers to more easily develop, test and run artificial intelligence (AI) and generative AI (gen AI) models on a trusted foundation model platform, built.

Red Hat Accelerates Generative AI Innovation with Red Hat Enterprise Linux AI on Lenovo ThinkSystem Servers

C-suite executives see generative AI as both a risk and an opportunity ARMONK, N.Y. , Oct. 16, 2024 /PRNewswire/ -- New research by IBM's (NYSE: IBM) Institute for Business Value identifies a disconnect between how insurers and their customers prioritize the use of generative AI, with industry executives focusing on experience while their clients are seeking personalized risk products and insights.

New IBM study: Insurance leaders agree that rapid adoption of generative AI is necessary to compete, but insurance customers express reservations

IBM (IBM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock International Business Machines Corporation (IBM) a Buy Now?

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Has International Business Machines (IBM) Outpaced Other Computer and Technology Stocks This Year?

What's the secret behind an under-the-radar AI player's success? Ironically, this legendary stock could be a hidden gem in this market.

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Given its better prospects, we believe that Delta Air Lines (NYSE: DAL) is a better pick than computing behemoth IBM (NYSE: IBM). The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that suit an investment style.

Is There A Better Pick Over IBM Stock?

Shares of the veteran tech giant are near an all-time high.

Is IBM Stock a Buy Now?

The company has remade itself into more of a cloud and AI company.

Will IBM Be a Trillion-Dollar Stock by 2030?

ARMONK, N.Y. , Oct. 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its third-quarter 2024 financial results on Wednesday, October 23, 2024 at 5:00 p.m.

IBM to Announce Third-Quarter 2024 Financial Results

Long-established in the Software industry, International Business Machines Corp (IBM, Financial) has enjoyed a stellar reputation. Recently, it has seen a daily gain of 0.12%, juxtaposed with a significant three-month change of 29.18%.

International Business Machines Corp (IBM)'s Uncertain Future: Understanding the Barriers to

IBM (IBM) concluded the recent trading session at $227.12, signifying a +0.5% move from its prior day's close.

News for IBM Stock (IBM)