IBM · Technology

INTERNATIONAL BUSINESS MACHINES CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Revenue Performance and MixImportance 30 · Surprise 14
  IBM reported quarterly revenue of $17.10 billion, up 4.7% year over year. Quarterly earnings were $2.95 per share, and the company beat analyst estimates for earnings and revenue. The digest did not provide segment…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  IBM declared a quarterly dividend of $1.69 per share. Third-party reports dated November 8, 2026, repeated the dividend declaration alongside coverage of IBM’s quarterly results. The digest provided no aggregate…

News · 2026-11-07

• Revenue Performance and MixImportance 30 · Surprise 14
  IBM reported quarterly revenue of $17.10 billion, up 4.7% year over year. The reported increase equates to approximately $768 million compared with the prior-year period. The news reports no segment-level revenue…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  IBM declared a quarterly dividend of $1.69 per share. The digest reports the dividend alongside quarterly results but gives no aggregate payout amount or dividend increase. It does not specify a payment date or record…

News · 2026-11-06

• Quantum Computing ExpansionImportance 31 · Surprise 42
  IBM Quantum System Two is operational at the University of Chicago’s Hyde Park Labs, marking IBM’s first quantum computer in Illinois. Powered by the IBM Quantum Nighthawk chip, the system is intended to anchor the…
• Quantum Computing PartnershipImportance 31 · Surprise 42
  IBM, Oak Ridge National Laboratory, and AMD launched a quantum error-correction co-design platform. The platform links IBM quantum processors with AMD high-performance classical processors in Oak Ridge National…

News · 2026-11-05

• Quantum Computing DevelopmentImportance 30 · Surprise 42
  IBM, Oak Ridge National Laboratory’s Quantum Science Center, and AMD launched a co-design platform for quantum error correction. The initiative integrates quantum and high-performance computing and aligns with the U.S.…
• AI Infrastructure DemandImportance 9 · Surprise 42
  IBM, Supermicro, and NVIDIA introduced a KV-cache storage solution for AI inference workloads, combining Supermicro Petascale storage servers, IBM Storage Scale software, NVIDIA Dynamo inference software, and…
• Quantum Computing PartnershipImportance null · Surprise null
  IBM, Oak Ridge National Laboratory’s Quantum Science Center, and AMD launched a co-design platform for quantum error correction. The initiative combines quantum computing with high-performance computing and supports…
• AI Inference PartnershipImportance null · Surprise null
  IBM partnered with Supermicro and NVIDIA on a key-value cache storage solution for AI inference workloads. The solution combines Supermicro Petascale storage servers, IBM Storage Scale software, NVIDIA Dynamo inference…

News · 2026-11-04

• Quantum Computing PartnershipImportance 31 · Surprise 42
  IBM hardware supported Quantum X Labs in a trial of an information-theoretic quantum-encryption protocol using the Quantum Heron r2 processor. A separate report on the same experiment says the Qatacomb scheme enabled a…
• Partner Ecosystem ExpansionImportance 31 · Surprise 42
  Adobe announced that its CX Enterprise Coworker customer-experience orchestration product will be available through AI platforms, with IBM among the platforms slated to follow. Adobe says the integrations use…
• Agentic AI PartnershipImportance 31 · Surprise 42
  Adobe said its CX Enterprise Coworker would become available within AI platforms from Anthropic, Databricks, Google, OpenAI and Microsoft, with IBM among the platforms to follow. The planned connector provides an…
• Quarterly Results and DividendImportance 18 · Surprise 14
  IBM reported quarterly revenue of $17.1 billion, up 4.7% year over year. Quarterly earnings per share were $2.95, beating analyst estimates. IBM declared a quarterly dividend of $1.69 per share, equivalent to a 2.7%…
• Legacy Modernization CompetitionImportance 17 · Surprise 24
  Third-party reporting identifies Anthropic’s Claude Code, which can modernize legacy COBOL systems, as a competitive threat to IBM’s mainframe and consulting businesses. The article says IBM is positioning hybrid cloud…

News · 2026-11-03

• Quarterly Results and DividendImportance 13 · Surprise 6
  IBM reported quarterly revenue of $17.10 billion and earnings per share of $2.95. The reported quarterly results exceeded analyst estimates. IBM also declared a quarterly dividend of $1.69 per share.

News · 2026-11-02

• US Open Partnership RenewalImportance 30 · Surprise 42
  A third-party article reports that IBM renewed its role as the US Open’s Official AI and Cloud Partner through 2031. The report places the renewal alongside IBM’s AI agent, security and infrastructure product launches,…
• Quantum Computing Market GrowthImportance 29 · Surprise 38
  ResearchAndMarkets reports that IBM is among the companies profiled in the global quantum computing and communications market, alongside Quantinuum, IonQ, PsiQuantum and Quantum Brilliance. The report projects that…
• Revenue Performance and MixImportance 5 · Surprise 6
  IBM reported third-quarter 2026 revenue of $17,103 million. Net income for the quarter was $2,190 million. The report provided no year-over-year or sequential comparison and no segment revenue or margin breakdown.

News · 2026-10-31

• Asset Lifecycle Management CollaborationImportance 31 · Surprise 42
  Procore announced an integration of its construction platform with IBM Maximo for asset lifecycle data. The integration connects construction workflows with Maximo asset lifecycle capabilities. The report does not…

News · 2026-10-30

• Clinical Genomics Knowledge GraphsImportance 32 · Surprise 48
  The global clinical knowledge graphs for genomics market is projected to grow from $1.46 billion in 2025 to $1.76 billion in 2026, a 20.4% CAGR. The report identifies IBM, alongside Microsoft, Illumina and Genomenon,…
• Mobile Virtualization Market GrowthImportance 32 · Surprise 48
  The mobile virtualization market was estimated at US$5.5 billion in 2025 and is projected to reach US$21.0 billion by 2032, a 21.1% CAGR. IBM is listed among the companies dominating the market, alongside Microsoft,…

10-Q · 2026-10-22

• Acquisitions and PartnershipsImportance 71 · Surprise 60
  IBM completed four acquisitions during the nine months ended September 30, 2026—two in Software, one in Infrastructure and one in Consulting—for aggregate purchase prices of $12,600 million. IBM completed the…
• Confluent AcquisitionImportance 71 · Surprise 60
  IBM identified the Confluent acquisition as a first-quarter 2026 investment in innovation and software capabilities. Confluent contributed to third-quarter Software revenue growth, particularly Data revenue, which…
• Foreign Exchange HedgingImportance 66 · Surprise 40
  IBM designated $18.3 billion of foreign-currency debt as hedges of net investments in foreign subsidiaries at September 30, 2026, up from $16.4 billion at December 31, 2025. The notional amount of derivatives…
• Cash Flow And Capital AllocationImportance 65 · Surprise 48
  Nine-month operating cash flow increased 28.8% to $11,791 million from $9,153 million. IBM invested $11,364 million in acquisitions net of cash acquired and used $4,762 million for cash dividends during the first nine…
• Geographic Revenue PerformanceImportance 64 · Surprise 56
  Third-quarter 2026 revenue increased 5.3% in the Americas to $8.6 billion, 3.3% in EMEA to $5.4 billion, and 5.6% in Asia Pacific to $3.1 billion. Within the third quarter, U.S. revenue increased 6.6%, while Brazil…
• FX / Currency ImpactImportance 63 · Surprise 64
  IBM reported a $1,148 million positive other comprehensive income impact for the nine months ended September 30, 2026, compared with a $1,355 million loss in the prior-year period, primarily reflecting foreign-currency…
• Liquidity and Debt PositionImportance 61 · Surprise 32
  At September 30, 2026, IBM held $11.106 billion of cash, restricted cash and marketable securities, down $3.364 billion from year-end 2025, while total debt rose $2.557 billion to $63.817 billion. The company issued…
• Interest Rate ExposureImportance 61 · Surprise 32
  IBM had $65.0 billion of debt and finance lease obligations at September 30, 2026, up from $62.3 billion at December 31, 2025, with stated debt coupons and weighted-average rates ranging from below 1% to approximately…
• Hybrid Cloud and Data GrowthImportance 60 · Surprise 40
  IBM's Hybrid Cloud offering generated $6.0 billion of revenue in the first nine months of 2026, up 11.5% year over year, while Data revenue reached $5.0 billion, up 19.1%. In the third quarter, Hybrid Cloud revenue…
• Financing Receivables TrendsImportance 60 · Surprise 40
  IBM transferred $6,265 million of commercial financing receivables during the nine months ended September 30, 2026, up from $5,681 million in the prior-year period, supporting cash and liquidity management. Client…
• Income Tax Rate ChangesImportance 59 · Surprise 82
  IBM’s continuing-operations tax provision was $298 million in the third quarter of 2026 and $782 million for the first nine months, compared with $686 million and $1.193 billion, respectively, in the prior-year…
• Quantum Computing InvestmentImportance 58 · Surprise 42
  IBM finalized a September 14, 2026 award agreement with the U.S. Department of Commerce under the CHIPS and Science Act providing up to $1.0 billion to accelerate quantum wafer manufacturing research and development.…
• AI And Quantum R&D InvestmentImportance 56 · Surprise 50
  IBM increased research and development expense by 14.2% in the third quarter and 12.0% in the first nine months of 2026. The spending increase was driven by organic and inorganic investments in artificial intelligence,…
• Revenue Performance and MixImportance 54 · Surprise 40
  Third-quarter 2026 revenue increased 4.7% year over year to $17.1 billion, while nine-month revenue increased 4.9% to $50.2 billion. Software was the fastest-growing major segment, with third-quarter revenue up 8.2% to…
• Operating Income and MarginsImportance 54 · Surprise 40
  Nine-month gross profit increased 4.4% to $28,571 million from $27,369 million, while gross margin declined to approximately 56.9% from 57.2% because total costs increased 5.5% to $21,611 million. Nine-month income…
• Infrastructure Demand And TransitionImportance 54 · Surprise 40
  Infrastructure revenue increased 4.2% in the third quarter, led by 8.3% growth in Hybrid Infrastructure and a 31.3% increase in Distributed Infrastructure. Storage and Power benefited from client modernization, data…
• Operating Expense TrendsImportance 49 · Surprise 32
  Third-quarter total expense and other income increased 4.1% to $7.2 billion, driven by portfolio innovation investments and higher non-operating retirement-related costs, partly offset by productivity savings and…
• Consulting Demand And BacklogImportance 49 · Surprise 32
  Consulting revenue was essentially flat in the third quarter but increased 1.5% for the first nine months, with demand centered on application modernization, data and AI transformation, and cybersecurity services.…
• Financing Revenue And DemandImportance 48 · Surprise 40
  Financing revenue declined 3.9% year over year in the third quarter of 2026, or 3.3% adjusted for currency, due to lower used equipment sales. Nine-month revenue increased 7.3%, or 5.7% adjusted for currency, primarily…
• Software Product DemandImportance 43 · Surprise 32
  Software revenue increased 8.2% year over year in the third quarter and 8.1% in the first nine months of 2026, supported by strong new business, pipeline closures and an approximately 80% recurring-revenue base. Hybrid…
• DividendsImportance 42 · Surprise 14
  IBM paid $4,762 million of common-stock dividends during the first nine months of 2026, compared with $4,681 million in the prior-year period. The quarterly dividend paid in the third quarter was $1.69 per share, up…
• Other Income And ExpenseImportance 40 · Surprise 56
  Total other income was $109 million in the third quarter of 2026, down $64 million year over year, and $296 million in the first nine months, down $81 million. Third-quarter results reflected $78 million of higher…
• Quarterly Dividend DeclarationImportance 37 · Surprise 6
  On October 21, 2026, IBM's Board approved a quarterly dividend of $1.69 per common share. The dividend is payable on December 10, 2026, to stockholders of record on November 10, 2026. The filing's nine-month financial…
• Intellectual Property IncomeImportance 35 · Surprise 48
  Total intellectual property and custom development income decreased 25.3% year over year in the third quarter of 2026 and 27.0% in the first nine months of 2026. The company attributed the volatility to the timing and…
• Gross Margin DriversImportance 31 · Surprise 32
  Third-quarter 2026 gross margin decreased 0.5 percentage points to 56.8%, while nine-month gross margin decreased 0.3 points to 56.9%. Third-quarter Software gross margin declined 0.6 points to 82.5%, Consulting…
• AI Infrastructure PositioningImportance 31 · Surprise 42
  IBM states that Infrastructure remains important as enterprises deploy AI and emphasizes IBM Z’s multi-model AI acceleration, end-to-end encryption, availability and ultra-high-throughput architecture. The company…
• IRS Tax DisputesImportance 31 · Surprise 42
  The U.S. Internal Revenue Service proposed adjustments for cross-border transactions involving IBM’s 2013–2014 and 2015–2016 federal income-tax returns. IBM disagrees with the proposals, has filed IRS Appeals protests…
• Open-Source Security InitiativeImportance 31 · Surprise 42
  IBM launched Lightwell in the second quarter of 2026 as an investment to create a trusted enterprise clearinghouse and global engineering workforce for addressing open-source software vulnerabilities at scale.…
• Macroeconomic Factors ImpactImportance 29 · Surprise 24
  IBM stated that the economic and geopolitical environment remained dynamic as of the third quarter of 2026. Management said its software-led hybrid-cloud and AI strategy positions the company to navigate the current…
• Retirement-Related Plan CostsImportance 26 · Surprise 24
  Total pre-tax retirement-related plan cost increased $71 million year over year in the third quarter of 2026 and $230 million in the first nine months. The first-nine-month increase was driven by $124 million of higher…
• Hybrid Cloud And Enterprise AI StrategyImportance 26 · Surprise 30
  IBM identifies hybrid cloud and “Super Intelligence” as technologies transforming enterprise performance and positions its AI portfolio around secure, efficient and sustainable enterprise operations. The watsonx…
• Interest Rate EnvironmentImportance 13 · Surprise 6
  IBM reported that third-quarter 2026 interest income fell $63 million year over year, primarily because of a lower average cash balance and lower average interest rates. For the first nine months, interest income…

News · 2026-10-22

• Operating Expense TrendsImportance 39 · Surprise 50
  IBM attributed the stronger quarter and cash outlook partly to productivity initiatives and improved operating execution. Productivity actions contributed to a 70-basis-point expansion in operating pre-tax margin…
• Revenue Performance and MixImportance 37 · Surprise 32
  IBM reported third-quarter 2026 revenue of $17.1 billion, up 4.7% year over year and 6% at constant currency. Software revenue growth accelerated 9% year over year at constant currency, with Red Hat up 11%, Data up…
• Software Product DemandImportance 37 · Surprise 32
  IBM’s Software business accelerated in Q3 2026, with constant-currency growth of 9%. Red Hat revenue increased 11%, Data revenue rose 20%, and Transaction Processing rebounded 10% as previously delayed software deals…
• AI-Powered Fan ExperienceImportance 31 · Surprise 42
  IBM and Scuderia Ferrari HP expanded AI capabilities in the Scuderia Ferrari mobile application ahead of the United States Grand Prix in Austin, Texas. New features include a Race Timeline that presents session events…
• US Open AI Fan ExperiencesImportance 31 · Surprise 42
  IBM and Scuderia Ferrari HP expanded their AI-powered fan-experience collaboration ahead of the United States Grand Prix in Austin, Texas. New features in the Scuderia Ferrari mobile app use IBM Bob and IBM Consulting…
• Operating Margin ExpansionImportance 25 · Surprise 32
  IBM's third-quarter adjusted gross margin was 58.5%, below the 59.3% analyst estimate. Operating pre-tax margin expanded 70 basis points year over year, while operating margin was reported at 16.8%, unchanged from the…