---
schema_version: "secwatch.filing_event.v1"
accession: "0000051143-25-000005"
form_type: "8-K"
ticker: "IBM"
cik: "0000051143"
company_name: "INTERNATIONAL BUSINESS MACHINES CORP"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:32:38.304221+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IBM Q4 2024: Software revenue up 10%, FY free cash flow $12.7B, guides FY25 revenue growth at least 5%

## Summary
- 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.

## SEC filing metadata
- accession: 0000051143-25-000005
- form_type: 8-K
- ticker: IBM
- cik: 0000051143
- company_name: INTERNATIONAL BUSINESS MACHINES CORP
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51143/000005114325000005/0000051143-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51143/000005114325000005/ibm-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051143-25-000005
- JSON: https://secwatch.observer/filing/0000051143-25-000005.json
- Plain text: https://secwatch.observer/filing/0000051143-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.