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EarningsCallAI

Updated May 2026 · SEC EDGAR data

IBM

International Business Machines, Q3 2024 Earnings

Technology · Period ending 2024-09-30

MIXED(HIGH)

International Business Machines (IBM) reported Q3 2024 earnings to the SEC: revenue of $15.0B, EPS of $-0.36, and net income of $-330.0M. Revenue moved 1.5 percent year-over-year. Sourced directly from International Business Machines's SEC EDGAR XBRL filings. Sector: Technology.

Headline Numbers

Revenue
$15.0B
QoQ: -5.1%YoY: +1.5%
Net Income
$-330.0M
QoQ: -118.0%YoY: -119.4%
EPS (Diluted)
$-0.36
QoQ: -118.4%YoY: -119.6%

Q3 2024 in Context

International Business Machines delivered Q3 2024 revenue roughly flat year-over-year. Flat results at this scale often reflect mature-market dynamics, planned divestitures, or competitive equilibrium. Read management commentary for the framing.

That puts the company in negative-margin territory for the quarter. Operating losses at this scale typically reflect heavy investment, one-time charges, or genuine business pressure, the call commentary will frame which.

The MIXED Operator Read

Across the 8 quarters tracked, International Business Machines carries an operator signal of MIXED with high confidence. Recent quarters show conflicting signals; segment-level results vary. Look at segment commentary in the call for the more granular read.

How This Data Was Sourced

All numbers on this page come directly from International Business Machines's SEC EDGAR filing for Q3 2024. EDGAR is the U.S. Securities and Exchange Commission's public filing system; quarterly results are filed on Form 10-Q and annual results on Form 10-K. XBRL tagging ensures revenue means revenue across every filer. The earnings press release is typically furnished as a Form 8-K. Both forms are public domain. Read the methodology for the operator-signal classification rules.

Frequently Asked Questions

What did International Business Machines report in Q3 2024?

International Business Machines reported revenue of $15.0B, EPS of $-0.36, and net income of $-330.0M for Q3 2024. Revenue rose 1.5 percent year-over-year. Figures come from the company's SEC EDGAR XBRL filing.

Where does this earnings data come from?

All numbers on this page are pulled directly from International Business Machines's SEC EDGAR XBRL filing for Q3 2024 (Form 10-Q for quarterly results, Form 10-K for annual). EDGAR is the SEC's public filing system; XBRL is a structured tagging standard that ensures revenue means revenue across every filer. Data is in the public domain.

What is International Business Machines's current operator signal?

International Business Machines currently carries a MIXED operator signal with HIGH confidence. The signal is calculated across all available quarters, not just this one, and combines a quantitative read of revenue trajectory with a qualitative read of management commentary. Read the methodology page for the formal classification rules.

Is this earnings analysis investment advice?

No. EarningsCallAI is built for business operators evaluating market trends, demand signals, and competitive dynamics, not for stock trading decisions. Operator signals are not buy/sell recommendations. Always consult a licensed financial advisor before making investment decisions.

When was the Q3 2024 report filed?

International Business Machines filed its Q3 2024 results to the SEC for the period ending 2024-09-30. Quarterly filings (10-Q) are typically due within 40 days of period end for large accelerated filers; annual reports (10-K) are typically due within 60 days.

International Business Machines (IBM) reported Q3 2024 earnings to the SEC: revenue of $15.0B, EPS of $-0.36, and net income of $-330.0M. Revenue moved 1.5 percent year-over-year. Sourced directly from International Business Machines's SEC EDGAR XBRL filings. Sector: Technology.