earnings
confidence high
sentiment positive
materiality 0.75
IBM Q4 2024: Software revenue up 10%, FY free cash flow $12.7B, guides FY25 revenue growth at least 5%
INTERNATIONAL BUSINESS MACHINES CORP
2024-FY EPS reported
$6.43
revenue$62,753,000,000
- Q4 revenue $17.6B (+1% YoY, +2% cc); GAAP EPS $3.11, operating EPS $3.92.
- Software revenue $7.9B (+10.4%, +11.5% cc); Red Hat up 16%; Consulting $5.2B (-2%).
- FY 2024 free cash flow $12.7B, up $1.5B; FY 2025 guidance: revenue growth ≥5%, FCF ~$13.5B.
- Gen AI book of business >$5B inception-to-date, up ~$2B QoQ; FY GAAP EPS $6.42, operating EPS $10.33.