IBM · International Business Machines Corp
$234.43
-2.71 (-1.14%)
At close · Aug 14
Market Cap
$223.42B
Shares
942.13M
International Business Machines Corp Earnings Call Transcripts
Every quarterly earnings call for International Business Machines Corp (IBM) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲6.5%
$14.11B
−$3.20B
'22 Q3
22-10-19
▲0%
$16.69B
$2.71B
'22 Q4
23-01-25
▲0.4%
$14.25B
$927.00M
'23 Q1
23-04-19
▼0.4%
$15.47B
$1.58B
'23 Q2
23-07-19
▲4.6%
$14.75B
$1.70B
'23 Q3
23-10-25
▲4.1%
$17.38B
$3.29B
'23 Q4
24-01-24
▲1.5%
$14.46B
$1.60B
'24 Q1
24-04-24
▲1.9%
$15.77B
$1.83B
'24 Q2
24-07-24
▲1.5%
$14.97B
−$330.00M
'24 Q3
24-10-23
▲1%
$17.55B
$2.91B
'24 Q4
25-01-29
▲0.5%
$14.54B
$1.05B
'25 Q1
25-04-23
▲7.7%
$16.98B
$2.19B
'25 Q2
25-07-23
▲9.1%
$16.33B
$1.74B
'25 Q3
25-10-22
▲12.2%
$19.69B
$5.60B
'25 Q4
26-01-28
▲9.5%
$15.92B
$1.22B
'26 Q1
26-04-22
LATEST
▲1.1%
$17.16B
$2.17B
'26 Q2
26-07-22
Earnings call
FY26 · Q2
2026-07-22
International Business Machines Corp Q2 FY2026 Earnings Call
Positive tone
Software portfolio mix
Mainframe / Z17 refresh
Productivity and cost actions
Revenue
$17.16B
▲ 1.1% YoY Diluted EPS
$2.27
▼ 1.7% YoY Gross margin
57.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-04-22
International Business Machines Corp Q1 FY2026 Earnings Call
Confident tone
Software growth
Consulting transformation
IBM Z and Infrastructure
Revenue
$15.92B
▲ 9.5% YoY Diluted EPS
$1.28
▲ 14.3% YoY Gross margin
56.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-01-28
International Business Machines Corp Q4 FY2025 Earnings Call
Confident tone
Software growth and diversification
Strategic acquisitions (HashiCorp, Confluent)
IBM Z / mainframe momentum
Revenue
$19.69B*
▲ 12.2% YoY Gross margin
60.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-10-22
International Business Machines Corp Q3 FY2025 Earnings Call
Confident tone
Consulting transformation
Automation and Software
Revenue growth and segment acceleration
Revenue
$16.33B
▲ 9.1% YoY Diluted EPS
$1.84
Gross margin
57.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-07-23
International Business Machines Corp Q2 FY2025 Earnings Call
Confident tone
Software and Red Hat momentum
Free cash flow and financial outlook
IBM Z (z17) and Power11 infrastructure
Revenue
$16.98B
▲ 7.7% YoY Diluted EPS
$2.31
▲ 17.9% YoY Gross margin
58.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-04-23
International Business Machines Corp Q1 FY2025 Earnings Call
Confident tone
M&A and portfolio strategy
Software segment growth
Quantum and innovation pipeline
Revenue
$14.54B
▲ 0.5% YoY Diluted EPS
$1.12
▼ 34.9% YoY Gross margin
55.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-01-29
International Business Machines Corp Q4 FY2024 Earnings Call
Confident tone
2025 outlook and guidance
Software growth and portfolio mix
Free cash flow and profitability
Revenue
$17.55B*
▲ 1% YoY Gross margin
59.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-10-23
International Business Machines Corp Q3 FY2024 Earnings Call
Positive tone
Outlook for 2025
Software and Red Hat growth
Consulting headwinds
Revenue
$14.97B
▲ 1.5% YoY Diluted EPS
$-0.36
▼ 119.6% YoY Gross margin
56.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-07-24
International Business Machines Corp Q2 FY2024 Earnings Call
Confident tone
Hybrid cloud and Red Hat
Software performance and automation
Consulting softness
Revenue
$15.77B
▲ 1.9% YoY Diluted EPS
$1.96
▲ 14% YoY Gross margin
56.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-04-24
International Business Machines Corp Q1 FY2024 Earnings Call
Confident tone
HashiCorp Acquisition
Software Segment Performance
Consulting Business
Revenue
$14.46B
▲ 1.5% YoY Diluted EPS
$1.72
▲ 70.3% YoY Gross margin
53.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-01-24
International Business Machines Corp Q4 FY2023 Earnings Call
Confident tone
Software
Consulting
Free cash flow / margins
Revenue
$17.38B*
▲ 4.1% YoY Gross margin
59.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-10-25
International Business Machines Corp Q3 FY2023 Earnings Call
Revenue
$14.75B
▲ 4.6% YoY Diluted EPS
$1.84
Gross margin
54.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-07-19
International Business Machines Corp Q2 FY2023 Earnings Call
Revenue
$15.47B
▼ 0.4% YoY Diluted EPS
$1.72
▲ 12.4% YoY Gross margin
54.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-04-19
International Business Machines Corp Q1 FY2023 Earnings Call
Revenue
$14.25B
▲ 0.4% YoY Diluted EPS
$1.01
▲ 24.7% YoY Gross margin
52.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-01-25
International Business Machines Corp Q4 FY2022 Earnings Call
Revenue
$16.69B*
▲ 0% YoY Gross margin
57.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-10-19
International Business Machines Corp Q3 FY2022 Earnings Call
Revenue
$14.11B
▲ 6.5% YoY Diluted EPS
$-3.54
▼ 383.2% YoY Gross margin
52.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-07-18
International Business Machines Corp Q2 FY2022 Earnings Call
Revenue
$15.54B
▲ 9.3% YoY Diluted EPS
$1.53
▲ 4.1% YoY Gross margin
53.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-04-19
International Business Machines Corp Q1 FY2022 Earnings Call
Revenue
$14.20B
▲ 7.7% YoY Diluted EPS
$0.81
▼ 23.6% YoY Gross margin
51.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-01-24
International Business Machines Corp Q4 FY2021 Earnings Call
Revenue
$16.69B*
▲ 767.2% YoY Gross margin
56.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-12-27
International Business Machines Corp Q3 FY2021 Earnings Call
Revenue
$13.25B
▼ 24.5% YoY Diluted EPS
$1.25
▼ 33.9% YoY Gross margin
53.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-07-19
International Business Machines Corp Q2 FY2021 Earnings Call
Revenue
$14.22B
▼ 21.5% YoY Diluted EPS
$1.47
▲ 1.2% YoY Gross margin
55.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-04-19
International Business Machines Corp Q1 FY2021 Earnings Call
Revenue
$13.19B
▼ 25% YoY Diluted EPS
$1.06
▼ 15.4% YoY Gross margin
53.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-01-21
International Business Machines Corp Q4 FY2020 Earnings Call
Revenue
$1.93B*
▼ 17.8% YoY Gross margin
302.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-10-19
International Business Machines Corp Q3 FY2020 Earnings Call
Revenue
$17.56B
▼ 2.6% YoY Diluted EPS
$1.89
▲ 5.7% YoY Gross margin
48.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-07-20
International Business Machines Corp Q2 FY2020 Earnings Call
Revenue
$18.12B
▼ 5.4% YoY Diluted EPS
$1.45
▼ 45.9% YoY Gross margin
48.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-04-20
International Business Machines Corp Q1 FY2020 Earnings Call
Revenue
$17.57B
▼ 3.4% YoY Diluted EPS
$1.25
▼ 26.4% YoY Gross margin
45.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-01-21
International Business Machines Corp Q4 FY2019 Earnings Call
Revenue
$2.34B*
▼ 89.2% YoY Gross margin
262.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–27 of 27 earnings calls
Key facts
CIK
51143
CUSIP
459200101
13F (30d)
2846 filings
2778 filers
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