IBM · 10-Q · 2026Q2 · Full report

Guidance / Outlook

INTERNATIONAL BUSINESS MACHINES CORP · 2026-07-23 · Importance 48 · Surprise 60

IBM characterized the technology spending environment as dynamic and said it continues to adjust its client engagement model, advance its high-growth portfolio, and accelerate innovation and productivity actions. Management said second-quarter 2026 results fell short of expectations but maintained confidence in growth opportunities from hybrid cloud, AI, and quantum computing. IBM expects its portfolio to help clients deploy AI in a secure, cost-effective, and scalable manner while navigating a dynamic economic and geopolitical environment.

Key facts