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IBM Q3 Revenue increased 5%to 17100000000 USD, raising its full-year free cash flow guidance

According to BlockBeats,October 22,IBM 2026 fiscal third-quarter revenue 17100000000 USD, up approximately 5%, while adjusted earnings per share were 2.95 USD, both exceeding analyst expectations.

At the same time, the company raised its full-year software revenue growth guidance to approximately 7% -8%, and increased its full-year free cash flow growth guidance to above 1000000000 USD. Software and mainframe deals that had previously been delayed as customer spending shifted toward data center infrastructure have begun signing, easing market concerns that IBM growth would be affected by the AI shock. The company's free cash flow for the first 9 months totaled 8000000000 USD, a record high for the same period.IBM consequently raised its full-year software growth guidance and free cash flow expectations.

However,IBM stock price has not yet been lifted by the better-than-expected earnings report, falling 4.95%after hours to 239.02 USD.

Original link https://m.theblockbeats.info/flash/373094