— Fundamental Stock Analysis and Report Card
Located in Armonk, NY, US. International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.
Revenue, earnings and profitability.
Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.
Revenue History
Earnings History
Margins
Income & Cash Flow analysis.
An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.
Q1 2026 Total ($) | Q1 2026 Margin (%) | |
|---|---|---|
| Revenue | 15.9b +1.4b +9.5% | |
| Gross Income | 9.0b +919.0m +11.4% | 56% +1.0pp +1.8% |
| EBITDA | 3.1b +344.0m +12.3% | 20% +0.5pp +2.6% |
| Operating Income | 2.2b +454.0m +25.7% | 14% +1.8pp +14.9% |
| Net Income | 1.2b +161.0m +15.3% | 8% +0.4pp +5.3% |
| Earnings Per Share | 1.30 +0.2 +14.0% | |
| Operating Cash Flow | 5.2b +799.0m +18.3% | 32% +2.4pp +8.1% |
| Free Cash Flow | 4.8b +803.0m +20.2% | 30% +2.7pp +9.8% |
| Research & Development | 2.2b +223.0m +11.4% | 14% +0.2pp +1.8% |