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IBMNew York Stock Exchange

IBM (IBM) Earnings

All the information you need on IBM's earnings: report dates, analyst consensus, and share price reactions to past earnings — all in one place.

Updated: October 11, 2026

Share Price
227.13 USD
+0.23%
Market Cap
$213.99 bn
Next Report
October 21, 2026
confirmed date
Earnings Beat
75%
out of 4 last quarters
Average Share Price Movement
4.43%
on the session after publication
P/E Ratio
20.19
IBM's Earnings Beat RateThe company beat analyst forecasts in 75% of the last 4 quarters.75%above forecasts
The percentage of quarters IBM's earnings beat analyst consensus — based on the last 4 reports.

When Does IBM Report Earnings?

The next IBM earnings report is scheduled for October 21, 2026. This date is based on the company's official announcement.

The expected earnings per share (EPS) is 2.87 USD. Analyst forecasts range from 2.75 to 3.12 USD. The market reacts not to the absolute earnings, but to the difference between the actual result and this forecast.

Expected revenue: 16.84 B USD.

IBM's Last Earnings Report: What the Numbers Showed

IBM's most recently published report covers the quarter ended June 30, 2026. Revenue was $17.16 billion, and net income was $2.17 billion. Earnings per share reached $2.93 compared to analysts' forecast of $2.93 — missing expectations by 0.10%. On the first trading day after the release, the share price changed by -1.83%.

Revenue
$17.16 bn
for the quarter
Net income
$2.17 bn
for the quarter
EPS
2.93 USD
forecast 2.93
Surprise
-0.10%
vs. consensus
Share price after report
-1.83%
next trading day
Net margin
12.62%
net income to revenue

Insider Trades: IBM

Who from the management board, supervisory board, US Congress, or government bought and sold shares of this company — based on official filings.

Insider Buys · 12 mo.
39
≈ $1.1M
Sales · 12 mo.
33
Unique individuals
16
in the last year
Last transaction
September 10, 2026
Latest transactionsForm 4, STOCK Act, OGE, MAR
Lloyd Doggett
Lloyd Doggett · Buy IBM
$1k–$15kSeptember 10, 2026
Gil Cisneros
Gil Cisneros · Buy IBM
$1k–$15kAugust 18, 2026
Donald Trump
Donald Trump · Buy IBM
$100K–$250KJuly 31, 2026
Maria Salazar
Maria Salazar · Sell IBM
$1k–$15kSeptember 4, 2026
Maria Salazar
Maria Salazar · Sell IBM
$1k–$15kSeptember 4, 2026
Robert David Thomas · Sell IBM
$5.8M August 26, 2026
Maria Salazar
Maria Salazar · Sell IBM
$1k–$15kAugust 24, 2026
Maria Salazar
Maria Salazar · Sell IBM
$1k–$15kAugust 24, 2026
See insider faces on the chart in the app →

How the stock reacted to past earnings

The company beat analyst estimates in 75% of the last 4 quarters.

The average share price change on the day after earnings release is 4.43% — regardless of direction. The largest move was 9.62%. This number says more about the risk of holding a position through an earnings report than the earnings forecast itself.

IBM Share Price Reaction to EarningsBar chart: IBM share price change on the day after the last 4 earnings releases. Increased after 2 of them, decreased after 2. Largest movement: 9.62%.+1.05%X 25+5.23%I 26-9.62%Q26-1.83%Q26
IBM share price change on the day after the report's release. Green bar indicates an increase, red indicates a decrease.
EPS Forecast vs. Actual — IBMBar chart comparing IBM's earnings per share forecast with actual results over the last 4 quarters. Actual results were higher than forecast in 3 of them.2.452.65Q3 254.294.52Q4 251.811.91Q1 262.932.93Q2 26analyst forecastCompany earnings
IBM Earnings Per Share: Analyst Forecast vs. Actual Result, in USD.
IBM quarterly results — forecast, actual, and share price performance on the day after the release. EPS values in USD.
QuarterRelease dateEPS estimateActual EPSSurpriseShare price reaction
June 30, 2026July 22, 20262.932.93-0.10%-1.83%
March 31, 2026April 22, 20261.811.91+5.45%-9.62%
December 31, 2025January 28, 20264.294.52+5.30%+5.23%
September 30, 2025October 22, 20252.452.65+8.31%+1.05%

How much this company's stock moves after earnings

IBM's share price changes by an average of 4.43% on the first trading day after earnings releases — based on the last 4 reports, regardless of direction. This ranks 109 out of 180 companies for which we track this statistic.

Analyst forecasts for upcoming periods

The consensus is the average of many analysts' forecasts. The more analysts behind a number, the less likely it is to be a single error—but forecast agreement is never a guarantee of the actual result.

Forecasts for IBM — EPS values in USD.
PeriodEPS estimateEPS a year agoChangeRevenue forecastAnalysts
Current quarter2.872.65+8.31%$16.84 bn20
Next quarter4.624.52+2.13%$20.48 bn19
Current year12.3111.59+6.24%$70.39 bn24
Next year13.1512.31+6.82%$73.12 bn24

Revenue and margins quarter by quarter

Margin shows how much of sales a company retains. Rising revenue with shrinking margins means growth is coming at the expense of profitability—and that's usually more interesting than sales growth alone.

IBM Revenue and MarginIBM quarterly revenue bar chart for the last 5 quarters; revenue is growing, with net margin overlaid as a line.Q2 25Q3 25Q4 25Q1 26Q2 2612.92%10.68%28.45%7.64%12.62%Quarterly revenueNet margin
IBM quarterly revenue in USD and net margin for the same quarter.
IBM Income Statement, quarterly.
QuarterRevenueGross marginOperating marginNet margin
June 30, 2026$17.16 bn57.73%16.58%12.62%
March 31, 2026$15.92 bn56.23%13.94%7.64%
December 31, 2025$19.69 bn60.59%24.63%28.45%
September 30, 2025$16.33 bn57.31%17.10%10.68%
June 30, 2025$16.98 bn58.77%18.18%12.92%

IBM Dividend

The last ex-dividend date was August 10, 2026. The date of the next payment is not yet known — it depends on the resolution of the general meeting, and Yahoo only publishes the date after it has been announced.

Dividend Yield
2.98%
from the last payment
Per Share
6.76 USD
annually
Payout Ratio
59.82%
portion of profit returned to shareholders
Ex-dividend date
August 10, 2026
last known

Who Reports in the Coming Weeks

Dates from the Portevo calendar — companies in the same industry are listed first, as their earnings often move the share prices of their peers even before their own reports.

About IBM

International Business Machines Corporation is listed on the New York Stock Exchange under the ticker IBM, and its headquarters are located in the United States. The company belongs to the Technology sector (industry: Information Technology Services).

  • Ticker: IBM
  • Exchange: New York Stock Exchange
  • Trading Currency: USD
  • Sector: Technology
  • Number of Analysts Providing Estimates: 23
  • 52-Week Range: 199.19 – 332.46
  • Company website: https://www.ibm.com

Frequently Asked Questions

When does IBM release earnings?

The next report is scheduled for October 21, 2026.

What were IBM's results last quarter?

For the quarter ended June 30, 2026: revenue $17.16 billion, net income $2.17 billion, EPS $2.93. This is -0.10% compared to analyst forecasts.

What is IBM's ticker symbol?

IBM — on the New York Stock Exchange. You may also see it listed as IBM on quote services.

What is the EPS forecast for IBM?

The analyst consensus for the upcoming quarter is $2.87 per share. Individual forecasts range from $2.75 to $3.12.

How much does IBM's share price usually change after earnings?

On average, 4.43% in the session after publication, counting both directions. The largest recorded movement was 9.62%.

Does IBM usually beat analyst forecasts?

In the last 4 quarters, results exceeded forecasts in 75% of cases. History does not predict the next report, but it shows how cautiously analysts approach this company.

Where can I check IBM's financial results in English?

On Portevo — the earnings calendar, analyst forecasts, surprise history, and share price reactions are available for free and without an account.

Other Companies in the Technology Sector

A company's earnings are most informative when compared to competitors in the same industry — this shows whether a weak quarter was a company-specific issue or a market-wide trend.

Related

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Portevo is not an investment advisor. The data and analyses are for informational and educational purposes only and do not constitute a recommendation or an offer to buy or sell financial instruments. Quotes are from external providers and may be delayed. You make investment decisions at your own risk.

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