$221.58
-1.06-0.48%
Last update: Oct 5, 7:58 PM
$221.47
-1.17-0.53%
International Business Machines Corp
IBMNYSE
IBM (IBM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
IBM (IBM) last issued guidance on July 22, 2026 for fiscal year 2026. The company guided revenue in the range of $70.24B - $70.91B for the period.
Compared to prior guidance, IBM raised its revenue forecast from a prior range of $17.2B - $17.2B.
IBM has issued 8 guidance updates between April 19, 2023 and July 22, 2026. During this period, the company raised its outlook 2 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.02 | $1.81 | $4.31 | $2.44 |
| Actual | $2.93 | $1.91 | $4.52 | $2.65 |
| Surprise | -2.98% | +5.52% | +4.87% | +8.61% |
| Revenue | ||||
| Estimate | $17.86B | $15.66B | $19.21B | $16.10B |
| Actual | $17.16B | $15.92B | $19.69B | $16.33B |
| Surprise | -3.91% | +1.67% | +2.50% | +1.44% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.88 | $4.61 | $2.11 | $3.14 |
| Revenue | ||||
| Consensus | $16.85B | $20.47B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $2.93 | $3.02 | -2.98 % |
| Q1 | Apr 22, 2026 | $1.91 | $1.81 | 5.52 % |
| Q4 | Jan 28, 2026 | $4.52 | $4.31 | 4.87 % |
| Q3 | Oct 22, 2025 | $2.65 | $2.44 | 8.61 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $17.16B | $17.86B | -3.91 % |
| Q1 | Apr 22, 2026 | $15.92B | $15.66B | 1.67 % |
| Q4 | Jan 28, 2026 | $19.69B | $19.21B | 2.50 % |
| Q3 | Oct 22, 2025 | $16.33B | $16.10B | 1.44 % |
