{"schema_version":"secwatch.filing_event.v1","accession":"0000051143-23-000010","form_type":"8-K","ticker":"IBM","cik":"0000051143","company_name":"INTERNATIONAL BUSINESS MACHINES CORP","filed_at":"2023-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.377753+00:00","generated_at":"2026-06-13T06:39:08.899009+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IBM Q2 2023 revenue $15.5B (-0.4%); GAAP EPS $1.72; Software up 7%, Infrastructure down 15%","bullets":["Revenue $15.5B, down 0.4% YoY (up 0.4% constant currency); GAAP diluted EPS $1.72, operating EPS $2.18.","Software revenue $6.6B (+7% YoY); Red Hat up 11%; Transaction Processing up 9%.","Consulting revenue $5.0B (+4% YoY); Infrastructure revenue $3.6B (-15% YoY, z Systems down 30%).","GAAP gross margin 54.9% (+160 bps); free cash flow Q2 $2.1B (flat YoY); YTD free cash flow $3.4B.","Full-year guidance reaffirmed: constant currency revenue growth 3-5%; free cash flow ~$10.5B."],"urls":{"canonical":"https://secwatch.observer/filing/0000051143-23-000010","json":"https://secwatch.observer/filing/0000051143-23-000010.json","markdown":"https://secwatch.observer/filing/0000051143-23-000010.md","text":"https://secwatch.observer/filing/0000051143-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51143/000005114323000010/0000051143-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51143/000005114323000010/ibm-20230719.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:39:08.899009+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f61ae78d01620c73cd5a917aeca75c4228c2e29b","claim":"INTERNATIONAL BUSINESS MACHINES CORP reported second quarter of 2023 results: revenue $15.5 billion, net income $1.6 billion, EPS $1.72. Guidance reaffirmed.","evidence_excerpt":"watsonx AI platform. Finally, we remain confident in our revenue and free cash flow growth expectations for the full year.” Second-Quarter Highlights • Revenue – Revenue of $15.5 billion, down 0.4 percent, up 0.4 percent at constant currency – Software revenue up 7 percent, up 8 percent at constant currency – Consulting revenue up 4 percent, up 6 percent at","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51143/000005114323000010/0000051143-23-000010-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$15.5 billion"},{"label":"Net income","value":"$1.6 billion"},{"label":"EPS","value":"$1.72"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}