IBM reported second-quarter 2026 results with revenue of $17.2 billion, a 1% year-over-year increase. The company updated its full-year 2026 expectations, now forecasting constant currency revenue growth in the range of four-to-five percent and a $1 billion year-over-year increase in free cash flow. IBM is a global technology company providing software, infrastructure, and consulting services.

IBM released preliminary second-quarter 2026 financial results, reporting revenue of $17.2 billion, a 1 percent increase. Software revenue grew 5 percent, while consulting revenue remained flat at 1 percent in constant currency. Infrastructure revenue declined 7 percent, a shortfall attributed to client capex reprioritization and cybersecurity distractions. GAAP diluted earnings per share were $2.27, down 2 percent, while non-GAAP operating diluted EPS rose 5 percent to $2.93. Year-to-date free cash flow reached $4.8 billion. The company also highlighted a $5 billion commitment to its Lightwell initiative and plans to invest over $10 billion in quantum computing over the next five years. IBM is a technology company providing software, consulting, and infrastructure services.

International Business Machines Corporation (IBM) has extended the maturity of its $2.5 billion Three-Year Credit Agreement and its $7.5 billion Five-Year Credit Agreement by one year, moving the maturity dates to June 20, 2029, and June 22, 2031, respectively. The terms of the existing agreements with JPMorgan Chase Bank, N.A. and other syndication agents, involving a period of one-year maturity extensions, provided by financial institutions, remain unchanged. IBM is a global technology company providing hybrid cloud and AI solutions.

IBM announced plans to invest more than $10 billion over the next five years to advance its quantum computing leadership through R&D, capital expenditures, and strategic acquisitions. The company aims to deliver the first large-scale fault-tolerant quantum computer by 2029 and has already deployed over 90 quantum systems globally.

IBM stockholders approved the 2026 Long-Term Performance Plan with 75.8% support and ratified the appointment of the independent auditor with 94.0% approval. The company also received 94.2% approval on executive compensation and amended its by-laws to reduce the board of directors to thirteen members.

IBM has announced its financial results for the period ended March 31, 2026. The company's report includes both GAAP and non-GAAP financial information as detailed in an accompanying earnings press release.