8-K current report · filed Apr 22, 2026

IBM (IBM) 8-K Current Report: April 22, 2026

Item 2.02Item EX-99.1IBM overview

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IBM (IBM) filed an 8-K current report with the SEC on April 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.2). IBM reported financial results for the period ended March 31, 2026.

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Item 2.02 · Results of Operations and Financial Condition

  • IBM reported financial results for the period ended March 31, 2026
  • Consolidated financial statements included in Exhibit 99.1
  • Press release contains non-GAAP measures and GAAP reconciliations for investor analysis
  • Management’s rationale for non-GAAP reporting provided in Exhibit 99.2

Item EX-99.1 · Exhibit EX-99.2

  • Q1 revenue $15.9B, up 9%; Software rose 11% and Infrastructure 15%, signaling strong AI and hybrid-cloud demand
  • GAAP EPS $1.28, up 14%; operating EPS $1.91, up 19%, with operating margin expanding 140 basis points to 13.4%
  • Free cash flow $2.2B, up $0.3B; $1.6B returned through dividends while Confluent acquisition drove $10.5B of acquisition spending
  • Debt increased $5.1B year-to-date to $66.4B, alongside cash, restricted cash and securities of $11.8B
  • 2026 outlook maintained: constant-currency revenue growth above 5% and free cash flow improvement of about $1B; dividend raised to $1.69 per share

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