IBM RELEASES THIRD-QUARTER RESULTS

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    "url": "https://www.prnewswire.com/news-releases/ibm-releases-third-quarter-results-302915985.html",
    "title": "IBM RELEASES THIRD-QUARTER RESULTS",
    "ticker": "NYSE:IBM",
    "excerpt": "Exceeded expectations with accelerated revenue growth led by Software and Infrastructure; Raises outlook for full-year free cash flow ARMONK, N.Y. , Oct. 21, 2026 /PRNewswire/ -- IBM (NYSE: IBM ) today announced third-quarter 2026 earnings results. \"Disciplined execution throughout the quarter drove accelerated revenue growth and strong free cash flow. Our clients are now deploying Super Intelligence in ways that transform entire operating models, instead of simply addressing narrow or novel problems. IBM's technology and expertise are helping organizations drive growth and serve customers with greater speed, precision and efficiency than ever before,\" said Arvind Krishna, IBM chairman, president and chief executive officer. \"For the full year, we continue to expect constant currency revenue growth in the range of four-to-five percent, and we now expect free cash flow to increase by more than $1 billion year-over-year.\" Third-Quarter Highlights THIRD - QUARTER 2026 INCOME STATEMENT SUMMARY Revenue Gross Profit Gross Profit Margin Pre-tax Income Pre-tax Income Margin Net Income Diluted Earnings Per Share GAAP from Continuing Operations $ 17.1 B $ 9.7 B 56.8 % $ 2.5 B 14.6 % $ 2.2 B $ 2.31 Year/Year 5 % (1) 4 % (0.5) Pts 3 % (0.3) Pts 26 % 26 % Operating (Non-GAAP) $ 10.0 B 58.5 % $ 3.3 B 19.3 % $ 2.8 B $ 2.95 Year/Year 4 % (0.2) Pts 9 % 0.7 Pts 12 % 11 % (1) 6% at constant...",
    "summary": "IBM reported third-quarter 2026 net income of $2.2 billion from continuing operations under GAAP.",
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