BeStock  
$245.00 −$2.11 (-0.85%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $245.70 +0.29%
Open$242.92
Prev close$247.11
Day range$240.35 – $246.34
Volume3.49M
Market cap$231.55B
P/E (TTM)20.9
Dividend yield2.75%

Earnings

Average move on report day±5.1%last 16 reports
Closed higher9 of 1656% of the time
Best reaction+13.0%
Worst reaction-8.3%

Stock move on the day after each report

+9.5%2023/Q4-8.3%2024/Q1+4.3%2024/Q2-6.2%2024/Q3+13.0%2024/Q4-6.6%2025/Q1-7.6%2025/Q2-0.9%2025/Q3+5.1%2025/Q4-8.3%2026/Q1+0.4%2026/Q2+0.3%2026/Q3
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q321 Oct 2026None±7.0%+0.26%Within range
2026/Q222 Jul 2026After Market±6.2%+0.43%Within range
2026/Q122 Apr 2026After Market±6.2%-8.25%Bigger than priced
2025/Q428 Jan 2026After Market±6.4%+5.13%Within range
2025/Q322 Oct 2025After Market±6.4%-0.87%Within range
2025/Q223 Jul 2025After Market±6.3%-7.62%Bigger than priced
2025/Q123 Apr 2025After Market±6.9%-6.58%Within range
2024/Q429 Jan 2025After Market±6.6%+12.96%Bigger than priced
2024/Q323 Oct 2024After Market±5.9%-6.17%Bigger than priced
2024/Q224 Jul 2024After Market±6.2%+4.33%Within range
2024/Q124 Apr 2024After Market±6.1%-8.25%Bigger than priced
2023/Q424 Jan 2024None±4.5%+9.49%Bigger than priced
2023/Q325 Oct 2023After Market±4.3%+4.87%Bigger than priced
2023/Q219 Jul 2023None±4.0%+2.14%Within range
2023/Q119 Apr 2023None±4.1%+0.03%Within range
2022/Q425 Jan 2023After Market±4.1%-4.48%Bigger than priced

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q3

By business line

  • software$7.80B 45.6%
  • Consulting$5.34B 31.2%
  • Infrastructure$3.71B 21.7%
  • Financing$192.00M 1.1%
  • Other revenue$66.00M 0.4%

Latest reported quarter: Q3, ended Sep 2026

Revenue$17.10B+4.7% YoY
Operating profit$2.90B+3.7% YoY
Net profit$2.19B+25.5% YoY
Diluted EPS$2.30+25.0% YoY
Free cash flow$3.54B+32.8% YoY
Operating cash flow$4.03B

Revenue, last 8 quarters

$17.6BDec '24$14.5BMar '25$17.0BJun '25$16.3BSep '25$19.7BDec '25$15.9BMar '26$17.2BJun '26$17.1BSep '26

Net profit, last 8 quarters

$2.9BDec '24$1.1BMar '25$2.2BJun '25$1.7BSep '25$5.6BDec '25$1.2BMar '26$2.2BJun '26$2.2BSep '26

Profitability & balance sheet

Gross margin58.0%
Operating margin18.3%
Net margin16.0%
Return on equity35.2%
Return on assets7.4%
Return on invested capital12.2%
Current ratio0.85
Liabilities / assets76.6%
Cash & investments$11.06B
Total debt$66.39B
Net cash (debt)-$55.33B
Free cash flow / sales20.1%

Discussion

No comments yet — be the first to weigh in on IBM.

Sign in to join the discussion.

Scroll to Top