IBM Q3 2026 earnings results beat revenue and EPS expectations

• News

IBM stock was up on the news of its latest earnings release.

Donovan Erskine October 21, 2026 2:46 PM 1

IBM, one of the major players in the tech business, has released its latest earnings report. The financial report shows that the tech company beat both revenue and EPS (earnings per share) expectations, and the stock was up as a result.

IBM earned $17.1 billion in revenue in its Q3 2026 earnings report, beating the expectation of $16.87 billion. The company’s EPS was $2.95/share, which clears the $2.88/share estimate and $2.91/share whisper number. 

IBM stock was up significantly in after hours trading. Shares peaked as high as $269.43 after being valued at $251.06 when markets closed.

“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.”

Shacknews staff does not use generative artificial intelligence (AI) in their content. Shacknews strictly prohibits the use of its content for AI training or to generate text, including text in the style or format used for this publication. Shacknews reserves all rights to this work.

Donovan Erskine News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_

Filed Under

Login / Register