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IBM (International Business Machines) Corporation is a company providing information technology products and services. It operates through 5 segments: Cloud and Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing. The Cloud and Cognitive Software segment includes Watson, a cognitive computing platform, data and analytics solutions, and transaction processing software. The Global Business Services segment offers business consulting services, delivery system integration, application management, maintenance, support services, and business process outsourcing services. The Global Technology Services segment provides cloud, project-based, outsourcing, and other services for enterprise IT infrastructure environments. The Systems segment offers servers and z/OS, an enterprise operating system for z systems. The Global Financing segment provides lease, installment payment plans, loan financing services, as well as remanufacturing and remarketing services.

TypePublic
Founded1911
HQArmonk, US
Websiteibm.com
Employee Ratings3.7
Culture scoreC-

Latest Updates

Employees (est.) (Dec 2019)352,600
Job Openings2,967
Revenue (FY, 2019)$77.1 B(-3%)
Share Price (May 2020)$118.4

Key People/Management at IBM

Arvind Krishna

Arvind Krishna

Chief Executive Officer
Virginia M. Rometty

Virginia M. Rometty

Executive Chairman
James M. Whitehurst

James M. Whitehurst

President
James Kavanaugh

James Kavanaugh

Chief Financial Officer and Senior Vice President, Finance and Operations
Robert Picciano

Robert Picciano

Senior Vice President, Cognitive Systems
Robert W. Lord

Robert W. Lord

Senior Vice President, Cognitive Applications
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IBM Office Locations

IBM has offices in Armonk, Chicago, Dallas, Durham and in 118 other locations
Armonk, US (HQ)
1 Orchard Rd
Chicago, US
71 S Wacker Dr
Dallas, US
1000 Belleview St
Durham, US
3039 E Cornwallis Rd
Huntsville, US
6767 Madison Pike #404
New York, US
590 Madison Ave
Show all (128)

IBM Financials and Metrics

IBM Revenue

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View revenue for all periods
IBM's revenue was reported to be $77.15 b in FY, 2019 which is a 3.1% decrease from the previous period.
USD

Revenue (Q1, 2020)

17.6b

Gross profit (Q1, 2020)

7.9b

Gross profit margin (Q1, 2020), %

45.1%

Net income (Q1, 2020)

1.2b

EBIT (Q1, 2020)

1.2b

Market capitalization (22-May-2020)

105.1b

Closing stock price (22-May-2020)

118.4

Cash (31-Mar-2020)

11.2b

EV

163.4b
IBM's current market capitalization is $105.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

79.9b79.1b79.6b77.1b

Revenue growth, %

(2%)(1%)1%(3%)

Cost of goods sold

41.6b42.9b42.7b40.7b

Gross profit

38.3b36.2b36.9b36.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

18.2b19.3b19.2b19.1b20.0b18.8b18.2b19.2b18.0b17.6b

Cost of goods sold

10.4b10.5b10.4b10.8b10.8b10.0b10.1b10.2b9.7b9.6b

Gross profit

7.8b8.8b8.8b8.2b9.2b8.8b8.0b9.0b8.3b7.9b

Gross profit Margin, %

43%46%46%43%46%47%44%47%46%45%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

7.8b12.0b11.4b8.2b

Accounts Receivable

9.2b8.9b7.4b7.9b

Prepaid Expenses

4.6b3.9b2.4b2.1b

Inventories

1.6b1.6b1.7b1.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

10.1b11.7b10.9b11.9b10.7b11.6b17.1b45.4b10.1b11.2b

Accounts Receivable

8.4b8.4b8.2b7.8b7.4b7.1b7.0b7.4b6.8b6.9b

Prepaid Expenses

4.7b4.2b4.4b2.6b2.4b2.4b2.5b2.4b2.5b2.5b

Inventories

1.6b1.6b1.7b1.8b1.7b1.9b1.8b1.7b1.7b1.8b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

11.9b5.8b8.7b9.4b

Depreciation and Amortization

4.4b4.5b4.5b6.1b

Inventories

(14.0m)18.0m(127.0m)67.0m

Accounts Payable

197.0m47.0m126.0m(503.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.8b4.1b6.8b1.7b4.1b6.8b1.6b4.1b5.8b1.2b

Depreciation and Amortization

1.1b2.2b3.4b1.1b2.2b3.4b1.4b2.7b4.4b1.6b

Cash From Operating Activities

4.0b7.4b11.0b4.6b6.9b11.1b4.8b7.7b11.3b4.5b

Purchases of PP&E

(740.0m)(1.4b)(2.3b)(870.0m)(1.8b)(2.6b)(539.0m)(1.1b)(1.7b)(630.0m)
USDY, 2020

EV/EBIT

138.9 x

EV/CFO

36.5 x

Financial Leverage

7.6 x
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IBM Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Patents Issued Yearly

7.53 k7.36 k8.09 k9.04 k9.10 k9.26 k

Data Centers

46 46 50 58

Countries

175 175 175 175 175 175

Electronic Health Records (Watson Health Cloud )

100 m
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IBM Acquisitions / Subsidiaries

Company NameDateDeal Size
T-Systems - Mainframe Services businessJanuary 14, 2019
Red HatOctober 28, 2018$34 b
Armanta, Inc.June 30, 2018
Oniqua Holdings Pty Ltd.June 30, 2018
Vivant DigitalDecember 31, 2017
CloudigoSeptember 24, 2017
Verizon (Cloud Services)May 02, 2017
Agile 3 Solutions, LLCMarch 31, 2017
Expert Personal Shopper (XPS)November 01, 2016
Sanovi TechnologiesOctober 27, 2016
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IBM Revenue Breakdown

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IBM revenue breakdown by business segment: 34.6% from Global Technology Services, 31.6% from Cloud and Cognitive Software, 10.1% from Systems, 20.5% from Global Business Services and 3.2% from Other

IBM revenue breakdown by geographic segment: 51.9% from Other Countries, 36.8% from United States and 11.3% from Japan

IBM Online and Social Media Presence

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IBM Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    D+

    62/100

  • Compensation

    C+

    63/100

  • Diversity

    C-

    62/100

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IBM News and Updates

IBM confirms layoffs are happening, but won’t provide details

IBM confirmed reports from overnight that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna.

Canadian credit unions pick IBM for payments modernisation

A group of more than 75 Canadian credit unions have inked an eight-year, multi-million dollar deal w...

IBM launches blockchain network to bolster medical supply chain during COVID-19

Rapid Supplier Connect is designed to help health systems and government agencies identify and onboard alternative vendors when certain supplies and PPE are in shortage.

Prysmian Group Selects IBM To Help Accelerate Digital Transformation With Adoption of IBM Cloud

MILAN, April 9, 2020 /PRNewswire/ -- Prysmian Group (PRY: IM), a global leader in the energy and telecom cable systems industry and the largest manufacturer of cables in the world, has selected IBM Services (NYSE: IBM) to help expand and manage its global technological infrastructure. The...

IBM taps former Bank of America CTO to oversee cloud business

International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty.
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IBM Frequently Asked Questions

  • When was IBM founded?

    IBM was founded in 1911.

  • Who are IBM key executives?

    IBM's key executives are Arvind Krishna, Virginia M. Rometty and James M. Whitehurst.

  • How many employees does IBM have?

    IBM has 352,600 employees.

  • What is IBM revenue?

    Latest IBM annual revenue is $77.1 b.

  • What is IBM revenue per employee?

    Latest IBM revenue per employee is $218.8 k.

  • Who are IBM competitors?

    Competitors of IBM include Oracle, Intel and Infosys.

  • Where is IBM headquarters?

    IBM headquarters is located at 1 Orchard Rd, Armonk.

  • Where are IBM offices?

    IBM has offices in Armonk, Chicago, Dallas, Durham and in 118 other locations.

  • How many offices does IBM have?

    IBM has 128 offices.