Form 8-K · Current report
IBM 8-K, filed Oct 21, 2026
- Filed
- CIK
- 0000051143
- Accession no.
- 0000051143-26-000093
Summary
IBM reported third-quarter 2026 revenue of $17.1 billion, up 5 percent year over year (6 percent at constant currency), with software revenue up 8 percent, consulting flat and infrastructure up 4 percent, and raised its full-year free cash flow outlook to growth of more than $1 billion year over year while continuing to expect constant-currency revenue growth of four-to-five percent. CEO Arvind Krishna attributed the quarter to disciplined execution and client deployment of "Super Intelligence," and CFO James Kavanaugh cited demand across the portfolio and internal productivity initiatives.
Key points
- GAAP diluted earnings per share from continuing operations were $2.31; operating (non-GAAP) diluted EPS was $2.95.
- Third-quarter free cash flow was $3.0 billion, up $0.7 billion year over year; year-to-date free cash flow was $7.8 billion.
- The board approved a regular quarterly dividend of $1.69 per common share, payable December 10, 2026 to stockholders of record on November 10, 2026.
- Software segment revenue was $7.8 billion with hybrid cloud (Red Hat) up 11 percent and data up 19 percent, while IBM Z revenue fell 20 percent.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. The registrant’s press release dated October 21, 2026, regarding its financial results for the period ended September 30, 2026, including consolidated financial statements for the period ended September 30, 2026, is Exhibit 99.1 of this Form 8-K. In an effort to provide investors with additional information regarding the company’s results as determined by generally accepted accounting principles (GAAP), the company has disclosed in the attached press release certain non-GAAP information which management believes provides useful information to investors. …
An excerpt of the text as filed with the SEC, cut for length.
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