IBM · News · 20260918N

Revenue Performance and Mix

INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-18 · Importance 52 · Surprise 56

IBM’s mainframe revenue reportedly fell 42%, indicating a material deterioration in the company’s mainframe business. Software growth slowed in the second quarter, while recurring revenue, Red Hat, and Data gains provided offsets. Transaction Processing weakened, creating a negative mix shift within IBM’s Software operations.

Key facts

• The article reports IBM's stock dropped 20% and attributes that decline to a 42% collapse in mainframe revenue. source
• International Business Machines Corporation pays a quarterly dividend of $1.69. source
• Van Hulzen Asset Management LLC held 112,688 shares of International Business Machines valued at $31.69 million after reducing its stake by 2.3% in the second quarter. source
• Analysts maintain an average price target of $265 for International Business Machines Corporation (reported alongside a 'Moderate Buy' rating). source
• Sequoia Financial Advisors LLC owned 221,104 shares of International Business Machines Corporation after buying an additional 14,178 shares, an increase of 6.9% during the undefined quarter. source
• Reynders McVeigh Capital Management LLC boosted its stake in International Business Machines Corporation by 5.2% in the second quarter and owned 150,929 shares after buying an additional 7,403 shares during the period. source
• The Manufacturers Life Insurance Company owned 627,060 shares of International Business Machines Corporation after selling 36,565 shares and lessened its stake by 5.5% in the undefined quarter. source