secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0000051143-25-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBM revises Software and Consulting revenue categories starting Q1 2025, recasts historical data
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- Software now reports Hybrid Cloud, Automation (includes HashiCorp), Data, and Transaction Processing.
- Consulting now reports Strategy and Technology and Intelligent Operations, replacing prior categories.
- Recast historical segment revenue for 2023 and 2024 provided; no impact on consolidated results.
- Changes reflect market opportunities and portfolio alignment; 2025 guidance already incorporates new categories.
- Former Security revenue categories dissolved into Automation, Data, and Transaction Processing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000005114325000018/0000051143-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000005114325000018/ibm-20250312.htm
  HTML page:      https://secwatch.observer/filing/0000051143-25-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer