Oct 21, 4:19 PM ET
IBM reported third-quarter 2026 revenue of $17.1 billion, up 5%, and GAAP diluted earnings per share of $2.31, up from $1.84 a year earlier. The company raised its full-year free cash flow expectation to an increase of more than $1 billion year over year, while keeping its 4% to 5% constant currency revenue growth forecast unchanged.
- Revenue $17.1 billion, up 5% (6% at constant currency); Software revenue up 8%
- GAAP diluted EPS $2.31 vs. $1.84 a year earlier; GAAP net income $2.2 billion, up 26%
- Full-year free cash flow now expected to rise by more than $1 billion year over year; constant currency revenue growth of 4% to 5% unchanged
- Quarterly dividend of $1.69 per share declared, payable December 10, 2026, to holders of record November 10, 2026
Read the filing on SEC.gov ↗
Oct 1, 4:18 PM ET
IBM's board elected Frank Baker, co-founder and Managing Partner of private equity firm Siris Capital Group, effective October 1, 2026. The company also amended its by-laws to increase the board from its prior size to fourteen directors to accommodate the appointment, and Mr. Baker joined the Directors and Corporate Governance Committee.
- Frank Baker, 53, elected to IBM's board effective October 1, 2026
- Baker joined the Directors and Corporate Governance Committee
- By-laws amended to increase the number of directors to fourteen, effective October 1, 2026
- Siris Capital has deployed more than $9 billion of equity capital since inception, per the press release
Read the filing on SEC.gov ↗
Jul 22, 4:10 PM ET
IBM reported second-quarter 2026 revenue of $17.2 billion, up 1% from a year earlier, while GAAP diluted earnings per share fell to $2.27 from $2.31. The company now expects full-year 2026 constant currency revenue growth of 4% to 5% and continues to expect free cash flow to rise by about $1 billion year over year. Shareholders get mixed signals: revenue edged up and operating (non-GAAP) EPS rose 5% to $2.93, but GAAP earnings declined.
- Q2 2026 revenue $17.2 billion, up 1%; GAAP gross profit margin 57.7%, down 1.0 points
- GAAP diluted EPS $2.27 vs $2.31 a year earlier; operating (non-GAAP) diluted EPS $2.93, up 5%
- Full-year 2026 outlook: constant currency revenue growth of 4% to 5%; free cash flow expected to rise about $1 billion
- Board declared a quarterly dividend of $1.69 per share, payable September 10, 2026, to holders of record on August 10, 2026
Read the filing on SEC.gov ↗
Jul 14, 7:01 AM ET
IBM released selected preliminary second-quarter 2026 results, saying its final figures could differ slightly. Revenue rose 1% to $17.2 billion, but Infrastructure revenue fell 7% and GAAP diluted EPS declined 2% to $2.27, while operating (non-GAAP) EPS rose 5% to $2.93. CEO Arvind Krishna said the quarter was below the company's expectations, mainly because numerous large deals failed to close on the expected timelines.
- Revenue of $17.2 billion, up 1%; Software up 5%, Consulting flat, Infrastructure down 7%
- GAAP diluted EPS of $2.27, down 2%; operating (non-GAAP) EPS of $2.93, up 5%
- GAAP gross profit margin 57.7%, down 100 basis points; GAAP pre-tax income margin 14.4%, down 90 basis points
- Management will discuss full-year expectations on the conference call on July 22, 2026, at 5:00 p.m. ET
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
