8-KRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Regulation FD Disclosure (Feb 4, 2025)

Filed February 4, 2025For Securities:IBM

Summary

International Business Machines Corp. (IBM) filed an 8-K report on February 4, 2025, detailing its Investor Day event held on the same date. The primary focus of this filing is to provide investors with access to the presentation materials and related financial information shared during the event, hosted by key members of IBM's senior leadership, including CEO Arvind Krishna and CFO Jim Kavanaugh. The disclosed materials, primarily found in Exhibit 99.1, cover IBM's strategic initiatives and operational discussions. Notably, the filing highlights IBM's use of non-GAAP financial measures alongside GAAP information. Management believes these non-GAAP metrics offer valuable insights into the company's performance and strategic execution, with detailed rationales and reconciliations provided in Exhibit 99.2 and within the presentation itself. Investors are encouraged to review these exhibits for a comprehensive understanding of IBM's strategic direction and financial outlook.

Key Highlights

  • 1IBM hosted an Investor Day on February 4, 2025, featuring presentations from CEO Arvind Krishna, CFO Jim Kavanaugh, and other senior leadership.
  • 2The primary purpose of the 8-K filing is to furnish investors with presentation materials from the Investor Day event (Exhibit 99.1).
  • 3The Investor Day likely covered IBM's corporate strategy and key business initiatives.
  • 4IBM presented both GAAP and non-GAAP financial information during the event.
  • 5Management believes that the disclosed non-GAAP financial measures provide useful insights for investors.
  • 6Detailed explanations and reconciliations for the non-GAAP financial measures are available in Exhibit 99.2 and the presentation materials.
  • 7The information furnished in this 8-K is not considered 'filed' for Section 18 purposes, but investors are encouraged to visit IBM's investor relations website for ongoing updates.

Frequently Asked Questions

The main purpose was to provide investors with the presentation materials and related financial information from IBM's Investor Day event held on February 4, 2025. This includes details on the company's strategy and key initiatives.

IBM shared both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial information. The company believes its non-GAAP measures offer valuable insights into performance and strategic execution, with detailed explanations and reconciliations provided.

The detailed presentation materials and information regarding non-GAAP financial measures can be found in Exhibit 99.1 and Exhibit 99.2, respectively, attached to the 8-K filing. Investors are also encouraged to visit IBM's investor relations website for updates.

The information furnished under Item 7.01 and its corresponding exhibits (99.1 and 99.2) is being furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. However, it is still important information for investors to review.