International Business Machines (NYSE:IBM) First Quarter 2024 Results Key Financial Results Revenue: US$14.5b (up 1.5% from 1Q 2023). Profit margin: 11% (up from 6.6% in 1Q-2023). Earnings per share (EPS) surpassed analyst estimates by 32%. Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years.