IBM International Business Machines Corp.
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: Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems, and Global Financing. The Cognitive Solutions segment comprises a portfolio of capabilities that help IBM's clients to identify actionable insights and inform decision making for competitive advantage. It includes Watson, a cognitive computing platform that has the ability to interact in natural language, process amounts of big data, and learn from interactions with people and computers. This segment consists of Solutions Software, which provides the basis for many of the company's strategic areas including analytics, security and social; and Transaction Processing Software, which includes software that primarily runs mission-critical systems in industries such as banking, airlines and retail. The Global Business Services segment provides clients with consulting, application management and global process services. The Technology Services & Cloud Platforms segment provides comprehensive IT infrastructure and platform services that create business value for clients. The Systems segment provides clients with innovative infrastructure platforms to help meet the requirements of hybrid cloud and enterprise AI workload. The Global Financing segment encompasses two primary businesses: financing, primarily conducted through IBM Credit LLC, and remanufacturing and remarketing. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
Company profile
Ticker
IBM
Exchange
CEO
Virginia M. Rometty
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
130871985
IBM stock data
()
Calendar
30 Jul 19
23 Oct 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 19.16B | 18.18B | 21.76B | 18.76B | |
| Net income | 2.5B | 1.59B | 1.95B | 2.69B | |
| Diluted EPS | 2.81 | 1.78 | 2.15 | 2.94 | |
| Net profit margin | 13.04% | 8.75% | 8.97% | 14.36% | |
| Operating income* | 3.12B | 2.09B | 4.63B | 3.19B | |
| Net change in cash | 28.27B | 5.76B | -184M | 822M | |
| Cash on hand | 45.4B | 17.13B | 11.38B | 11.56B | |
| Cost of revenue | 10.15B | 10.14B | 11.07B | 9.95B |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 79.59B | 79.14B | 79.92B | 81.74B | |
| Net income | 8.73B | 5.75B | 11.87B | 13.19B | |
| Diluted EPS | 9.52 | 6.14 | 12.38 | 13.42 | |
| Net profit margin | 10.97% | 7.27% | 14.86% | 16.14% | |
| Operating income* | 12.07B | 12.02B | 12.96B | 16.41B | |
| Net change in cash | -593M | 4.15B | 140M | -790M | |
| Cash on hand | 11.38B | 11.97B | 7.83B | 7.69B | |
| Cost of revenue | 42.66B | 42.2B | 41.4B | 41.06B |
Financial data from company earnings reports. *Asterisk values are approximate.
Financial report summary
?Competition
Intel • Leidos • CA • LSI • Quantum • Sun Microsystems • Oracle • Qualstar • Oracle Systems • MicrosoftManagement Discussion
- In the second quarter, Global Financing total revenue of $632 million declined 27.1 percent compared to the prior year. Internal revenue decreased 40.6 percent, driven by a decrease in internal used equipment sales (down 49.4 percent to $189 million), and internal financing (down 7.8 percent to $92 million). External revenue decreased 11.0 percent (9 percent adjusted for currency), due to a decrease in external used equipment sales (down 32.1 percent to $65 million), and a decrease in external financing (down 4.2 percent to $286 million).
Content analysis
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H.S. freshman Avg
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New words:
Acoustic, ago, clear, closure, couple, decade, deemphasize, deploy, depth, elevate, Euro, Fitch, floating, Garage, hand, hear, instance, intelligence, Interbank, landscape, mainframe, modestly, neutral, notified, outlook, overnight, petitioned, phase, portability, preferred, prioritization, rehearing, rely, remitted, replenished, resiliency, revitalize, routinely, scalability, scaleup, SOFR, stage, suspension, threat, trailing, unfavorable, upfront, Virtual, webcast, withdrawing
Financial reports
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
30 Apr 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
10-Q
2018 Q2
Quarterly report
31 Jul 18
10-Q
2018 Q1
Quarterly report
24 Apr 18
10-K
2017 FY
Annual report
27 Feb 18
10-Q
2017 Q3
Quarterly report
31 Oct 17
10-Q
2017 Q2
Quarterly report
25 Jul 17
10-Q
2017 Q1
Quarterly report
25 Apr 17
Current reports
8-K
Regulation FD Disclosure
17 Oct 19
8-K
Ibm Reports 2019 Third-quarter Results
16 Oct 19
8-K
Ibm Elects Bill Mcnabb to Its Board of Directors
24 Sep 19
8-K/A
Financial Statements and Exhibits
20 Sep 19
8-K
Regulation FD Disclosure
2 Aug 19
8-K
Regulation FD Disclosure
2 Aug 19
8-K
Entry into a Material Definitive Agreement
19 Jul 19
8-K
Regulation FD Disclosure
18 Jul 19
8-K
Ibm Reports 2019 Second-quarter Results
17 Jul 19
8-K
Completion of Acquisition or Disposition of Assets
9 Jul 19
Registration and prospectus
S-8
Registration of securities for employees
9 Jul 19
424B5
Prospectus supplement for primary offering
10 May 19
FWP
Free writing prospectus
9 May 19
424B3
Prospectus supplement
8 May 19
S-3ASR
Automatic shelf registration
6 Mar 19
8-A12B
Registration of securities on exchange
30 Jan 19
424B5
Prospectus supplement for primary offering
28 Jan 19
FWP
Free writing prospectus
25 Jan 19
424B3
Prospectus supplement
24 Jan 19
8-A12B
Registration of securities on exchange
22 May 17
Proxies
DEFA14A
Additional proxy soliciting materials
3 Apr 19
DEFA14A
Additional proxy soliciting materials
25 Mar 19
DEF 14A
Definitive proxy
11 Mar 19
DEFA14A
Additional proxy soliciting materials
2 Apr 18
DEF 14A
Definitive proxy
12 Mar 18
DEFA14A
Additional proxy soliciting materials
5 Apr 17
PX14A6G
Letter to shareholders
27 Mar 17
DEF 14A
Definitive proxy
13 Mar 17
DEFA14A
Additional proxy soliciting materials
1 Apr 16
DEF 14A
Definitive proxy
7 Mar 16
Other
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
26 May 17
CERTNYS
Certification of approval for NYSE listing
23 May 17
NO ACT
No action letter
6 Jan 17
NO ACT
No action letter
9 Dec 16
NO ACT
No action letter
16 Nov 16
CERTNYS
Certification of approval for NYSE listing
2 Nov 16
UPLOAD
Letter from SEC
8 Jul 16
CORRESP
Correspondence with SEC
6 Jul 16
Patents
GRANT
Utility
Wearable blood pressure monitoring system
22 Oct 19
An apparatus includes one or more memories storing computer readable code and processor(s).
GRANT
Utility
Acoustic computing systems for implant and dermal data communication, power supply and energy storage
22 Oct 19
Inventors: Theodore G. van Kessel
GRANT
Utility
Cloud based cognitive radio frequency intrusion detection audit and reporting
22 Oct 19
An approach is provided that receives radio frequency (RF) requests at a vehicle.
GRANT
Utility
Providing an alert to a passenger based on a location of the passenger while in transit on a multi-passenger mode of transport
22 Oct 19
Providing an alert to a user of a multi-passenger mode of transport includes receiving first biometric information about the user and a destination for the user; receiving second biometric information about the user; based on the second biometric information, determining the destination for the user; based at least in part on the destination for the user, determining a first location within the multi-passenger mode of transport; and transmitting a first command to control a first display device proximate to the user, based on the first location.
GRANT
Utility
System for treating solution for use in electroplating application and method for treating solution for use in electroplating application
22 Oct 19
Electroplating techniques including a system for treating a solution for use in an electroplating application and a method for using the system are provided.