IBM

IBM 2Q 2024 Earnings Recap

"We had a strong second quarter, exceeding our expectations, driven by growth in both revenue and free cash flow. We continue to see that clients turn to IBM for our technology and our expertise in enterprise AI, and our book of business for generative AI has grown to more than two billion dollars since the launch of watsonx one year ago.

Given our first-half results, we are raising our full-year view of free cash flow, which we now expect to be more than $12 billion."

Arvind Krishna
Chairman and Chief Executive Officer
IBM

Read full 2Q earnings report →

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