Short answer
IBM (IBM) filed its Q1 2026 10-Q quarterly report on Apr 23, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $15.9B (up 9.5% year over year) with net income of $1.2B.
Q1 2026 key financials · XBRL
- Revenue
- $15.9B
- +9.5% YoY
- Net income
- $1.2B
- +15.3% YoY
- Gross margin
- 56.2%
- EPS (diluted)
- $1.28
- +14.3% YoY
Source: XBRL data from the IBM (IBM) Q1 2026 10-Q on SEC EDGAR. USD.
IBM Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $15.917B, up 9.5% YoY from $14.541B
- Gross margin 56.2% vs 55.2%; continuing-operations margin 7.6% vs 7.3%
- Infrastructure strongest segment: revenue $3.326B, up 15.3%; segment margin 15.8% vs 8.6%
- Consulting weakest margin trend: segment margin 10.6% vs 11.0%; revenue $5.272B, up 4.0%
- Operating cash flow $5.2B, free cash flow $2.2B; $1.6B dividends and Confluent acquisition investment
- Outlook: continued AI investment demand amid dynamic, uncertain economic and geopolitical conditions
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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