IBM (IBM) is scheduled to report Q1 earnings on April 22, 2026. Analysts estimate EPS of $1.80 and quarterly revenue of $15.60B.
In the most recent quarter (Q4), IBM reported EPS of $4.52, beating estimates of $4.31 by 0.05%. Revenue came in at $19.69B, exceeding the estimate of $19.21B by 0.03%.
IBM has beaten EPS estimates in 8 consecutive quarters.
Over the last 4 quarters, IBM has averaged an EPS surprise of 0.08% and a revenue surprise of 0.02%.
Analyze the earnings history of IBM using advanced sorting and filters.
The chart below shows IBM's reported EPS compared to analyst estimates over recent quarters.
The chart below shows IBM's reported revenue compared to analyst estimates over recent quarters.
IBM (IBM) is scheduled to report earnings on April 22, 2026. The last reported earnings were for reported on January 28, 2026 for Q4.
The Actual EPS was $4.52, which beat the estimate of $4.31.
The Actual Revenue was $19.69B, which beat the estimate of $19.21B.
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | 2026-01-28 | $4.52 | $4.31 | 4.87 % |
| Q3 | 2025-10-22 | $2.65 | $2.44 | 8.61 % |
| Q2 | 2025-07-23 | $2.80 | $2.65 | 5.66 % |
| Q1 | 2025-04-23 | $1.60 | $1.40 | 14.3 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | 2026-01-28 | $19.69B | $19.21B | 2.50 % |
| Q3 | 2025-10-22 | $16.33B | $16.10B | 1.44 % |
| Q2 | 2025-07-23 | $16.98B | $16.58B | 2.39 % |
| Q1 | 2025-04-23 | $14.54B | $14.40B | 0.98 % |