{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-000529","form_type":"8-K","ticker":"IBM","cik":"0000051143","company_name":"INTERNATIONAL BUSINESS MACHINES CORP","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.724869+00:00","generated_at":"2026-06-20T09:54:32.443967+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"IBM Q4 rev $16.7B flat (+6% cc); op EPS $3.60; guides FY23 FCF ~$10.5B","bullets":["Q4 revenue $16.7B (flat as reported, +6% cc); operating (non-GAAP) EPS $3.60 vs $3.35 a year ago.","Software revenue $7.3B (+2.8%, +8% cc); Red Hat grew 10% (+15% cc).","Consulting revenue $4.8B (+0.5%, +9% cc); Infrastructure revenue $4.5B (+1.6%, +7.4% cc).","Full-year free cash flow $9.3B (up $2.8B); FY23 FCF target ~$10.5B (up >$1B).","Full-year GAAP EPS $1.95 includes $5.9B pre-tax pension settlement charge; op (non-GAAP) EPS $9.13."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-000529","json":"https://secwatch.observer/filing/0001558370-23-000529.json","markdown":"https://secwatch.observer/filing/0001558370-23-000529.md","text":"https://secwatch.observer/filing/0001558370-23-000529.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51143/000155837023000529/0001558370-23-000529-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51143/000155837023000529/ibm-20230125x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T09:54:32.443967+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":"74fa947a9293b5f9b8c4e313b5c0aee1b7daffc6","claim":"INTERNATIONAL BUSINESS MACHINES CORP updated its Full-Year 2023 guidance (reaffirmed).","evidence_excerpt":"The company expects constant currency revenue growth consistent with its mid-single digit model and about $10.5 billion in consolidated free cash flow, up more than $1 billion year to year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51143/000155837023000529/0001558370-23-000529-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-Year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"b62ea122eeeff46bfddad2e768377525179347b3","claim":"INTERNATIONAL BUSINESS MACHINES CORP reported Full-Year 2022 results: revenue $60.5 billion, net income $1.8 billion, EPS $1.95.","evidence_excerpt":"− Consulting revenue up 0.5 percent, up 9 percent at constant currency − Infrastructure revenue up 2 percent, up 7 percent at constant currency Full-Year Highlights ● Revenue of $60.5 billion, up 6 percent, up 12 percent at constant currency (about 4 points from sales to Kyndryl) − Hybrid cloud revenue of $22.4 billion, up 11 percent, up 17 percent at constant","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51143/000155837023000529/0001558370-23-000529-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-Year 2022"},{"label":"Revenue","value":"$60.5 billion"},{"label":"Net income","value":"$1.8 billion"},{"label":"EPS","value":"$1.95"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c4ae15be3ea7e29b9b549d1e42e71aa890fb099c","claim":"INTERNATIONAL BUSINESS MACHINES CORP reported Fourth Quarter 2022 results: revenue $16.7 billion, net income $2.9 billion, EPS $3.13.","evidence_excerpt":"and chief executive officer. \"Looking ahead to 2023, we expect full-year revenue growth consistent with our mid-single digit model. ” Fourth-Quarter Highlights ● Revenue of $16.7 billion, flat, up 6 percent at constant currency − Software revenue up 3 percent, up 8 percent at constant currency − Consulting revenue up 0.5 percent, up 9 percent at constant currency","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51143/000155837023000529/0001558370-23-000529-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2022"},{"label":"Revenue","value":"$16.7 billion"},{"label":"Net income","value":"$2.9 billion"},{"label":"EPS","value":"$3.13"},{"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"}