IBM · News · 20260919N

2026 Guidance / Outlook

INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-19 · Importance 74 · Surprise 68 · No source text

Third-party reporting says IBM expects 2026 constant-currency revenue growth of 4% to 5%. Management also expects free cash flow to increase by approximately $1 billion in 2026. The outlook indicates continued growth but reflects a reduced forecast compared with prior expectations.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable+2.3%International Business Machines Corp management now expects 2026 constant-currency revenue growth of 4% to 5%.