secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000051143-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000005114325000005/0000051143-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000005114325000005/ibm-20250129.htm
  HTML page:      https://secwatch.observer/filing/0000051143-25-000005

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