On Apr 22, 2026, IBM reported earnings of 1.91 USD per share (EPS) for Q1 26, beating the estimate of 1.82 USD, resulting in a 4.73% surprise. Revenue reached 15.92 billion, compared to an expected 15.78 billion, with a 0.87% difference. The market reacted with a -8.25% price change (close before vs. close after earnings).
Looking ahead to Q2 26, 13 analysts forecast an EPS of 2.99 USD, with revenue projected to reach 18.01 billion USD, implying an increase of 56.54% EPS, and increase of 13.18% in Revenue from the last quarter.