On Jul 22, 2026, IBM reported earnings of 2.93 USD per share (EPS) for Q2 26, missing the estimate of 2.99 USD, resulting in a -2.28% surprise. Revenue reached 17.16 billion, compared to an expected 17.75 billion, with a -3.34% difference. The market reacted with a -25.21% price change (close before vs. close after earnings).
Looking ahead to Q3 26, 11 analysts forecast an EPS of 2.91 USD, with revenue projected to reach 16.99 billion USD, implying an decrease of -0.68% EPS, and decrease of -1.02% in Revenue from the last quarter.