IBM's (IBM)  stock fell 6% in today’s trading session despite beating its first-quarter expectations after-market hours on Wednesday and maintaining its full-year revenue guidance.That said, let’s see if the post-earnings selloff is a buying opportunity, considering IBM stock is still up +4% year to date and has impressively outperformed many of its tech peers, with the Nasdaq down 11% in 2025.Image Source: Zacks Investment Research IBM’s Favorable Q1 Results Having a focused strategy around hybrid cloud an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTER ENDED MARCH 31, 2025 1-2360 (Commission file number) INTERNATIONAL BUSINESS MACHINES CORPORATION (Exact name of registrant as specified in its charter) New York (State of incorporation) One New Orchard Road Armonk, New York (Address of principal executive offices) 13-0871985 (IRS employer identification number) 10504 (Zip Co ...

International Business Machines (IBM) reported better-than-expected first-quarter 2025 results, beating estimates on both earnings and revenues, driven by the strength of its AI business. It also offered an upbeat sales outlook for the ongoing quarter. However, the stock declined 7% in after-market hours due to federal contract cuts, making IBM shares an excellent buy.Investors can now consider ETFs with the highest allocation to this tech giant. These funds are First Trust NASDAQ Technology Dividend Index ...

International Business Machines (IBM -6.97%) stock is losing ground Thursday despite posting a better-than-expected first-quarter report yesterday. The company's share price had fallen 7.5% as of 12:15 p.m. ET amid the backdrop of a 1.2% gain for the S&P 500 (^GSPC 1.73%) and a 1.8% jump for the Nasdaq Composite (^IXIC 2.28%).IBM beat sales and earnings expectations and reiterated solid guidance for the year. But sales for the company's consulting segment came in lower than expected, and that's dampening so ...

International Business Machines Corporation (IBM) reported strong first-quarter 2025 results, with adjusted earnings and revenues beating the respective Zacks Consensus Estimate.The company reported a revenue improvement year over year, driven by strong demand in the Software segment. Healthy demand for hybrid cloud and AI (Artificial Intelligence) solutions with a client-focused portfolio boosted the gross margin. Solid free cash flow is a tailwind.Net IncomeOn a GAAP basis, net income from continuing oper ...

International Business Machines Corporation (NYSE:IBM) Q1 2025 Earnings Conference Call April 23, 2025 5:00 PM ET Company Participants Olympia McNerney - Global Head of IR Arvind Krishna - Chairman, President and CEO James Kavanaugh - SVP and CFO Conference Call Participants Jim Schneider - Goldman Sachs Wamsi Mohan - Bank of America Amit Daryanani - Evercore ISI Ben Reitzes - Melius Research Erik Woodring - Morgan Stanley Brian Essex - JPMorgan Matt Swanson - RBC Capital Markets Operator Welcome. And thank ...

For the quarter ended March 2025, IBM (IBM) reported revenue of $14.54 billion, up 0.6% over the same period last year. EPS came in at $1.60, compared to $1.68 in the year-ago quarter.The reported revenue represents a surprise of +0.66% over the Zacks Consensus Estimate of $14.45 billion. With the consensus EPS estimate being $1.42, the EPS surprise was +12.68%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts.IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent between 5% and just under 10% of IBM’s consulting practice. After being peppered with questions during IBM’s earnings call Wednesday, Arvind Krishna, IBM’s ...

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts.IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent between 5% and just under 10% of IBM’s consulting practice. After being peppered with questions during IBM’s earnings call Wednesday, Arvind Krishna, IBM’s ...

整体财务数据关键指标变化 - 2025年第一季度营收145亿美元，同比增长1%，按固定汇率计算增长2%[5][9] - GAAP毛利率为55.2%，同比提升170个基点；非GAAP运营毛利率为56.6%，同比提升190个基点[5][9] - GAAP税前利润率为8.0%，同比提升50个基点；非GAAP运营税前利润率为12.0%，同比提升50个基点[5][9] - 经营活动净现金流量为44亿美元，同比增加2亿美元；自由现金流为20亿美元，同比增加1亿美元[9][11] - 第一季度末现金、受限现金和有价证券为176亿美元，较2024年末增加28亿美元；债务总额为633亿美元，年初至今增加83亿美元[12] - 公司预计全年按固定汇率计算营收至少增长5%，按当前汇率，货币因素预计为全年增长带来1 - 1.5个百分点的推动[15] - 预计第二季度营收在164 - 167.5亿美元之间[15] - 公司预计全年自由现金流约为135亿美元[15] - 截至2025年3月31日，公司总资产为1456.67亿美元，较2024年12月31日的1371.75亿美元增长6.19%[25] - 2025年第一季度，公司净收入为10.55亿美元，较2024年同期的16.05亿美元下降34.27%[27] - 2025年第一季度，公司经营活动提供的净现金为43.7亿美元，较2024年同期的41.68亿美元增长4.84%[27] - 2025年第一季度，公司投资活动使用的净现金为129.79亿美元，较2024年同期的42.1亿美元增加208.29%[27] - 2025年第一季度，公司融资活动提供的净现金为54.43亿美元，较2024年同期的18.77亿美元增长189.98%[27] - 2025年第一季度，公司调整后EBITDA为34亿美元，较2024年同期的30亿美元增长13.33%[30] - 2025年3月31日止三个月GAAP运营活动净现金为43.7亿美元，2024年同期为41.68亿美元[42] - 2025年3月31日止三个月自由现金流为19.62亿美元，2024年同期为19.1亿美元[42] - 2025年3月31日止三个月调整后EBITDA为34亿美元，2024年同期为30亿美元[44] 各条业务线数据关键指标变化 - 软件业务营收63亿美元，同比增长7%，按固定汇率计算增长9%[9][14] - 2025年第一季度，软件业务收入为63.36亿美元，同比增长7.4%，利润为18.47亿美元，利润率为29.1%[33] - 2025年第一季度，咨询业务收入为50.68亿美元，同比下降2.3%，利润为5.58亿美元，利润率为11.0%[33] - 2025年第一季度，基础设施业务收入为28.86亿美元，同比下降6.2%，利润为2.48亿美元，利润率为8.6%[33] - 2025年第一季度，融资业务收入为1.91亿美元，同比下降0.8%，利润为0.69亿美元，利润率为35.8%[33] 持续经营业务财务指标 - 持续经营业务毛利为79.13亿美元，毛利率为54.7%[39] - 持续经营业务税前收入为16.58亿美元，税前收入利润率为11.5%[39] - 持续经营业务所得税拨备为9400万美元，有效税率为5.6%[39] - 持续经营业务收入为15.64亿美元，收入利润率为10.8%[39] - 持续经营业务摊薄后每股收益为1.68美元[39] 特殊事项财务影响 - 2024年收购相关外汇衍生品合约损失5000万美元[39] - 2024年因解决某些税务审计事项获得所得税收益[40] 股东分配与投资 - 第一季度向股东支付15亿美元股息，投资71亿美元用于收购[11]