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IBM (IBM) filed an 8-K current report with the SEC on July 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.2). IBM’s July 22, 2026 release covers results for the quarter ended June 30, 2026.
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Item 2.02 · Results of Operations and Financial Condition
- IBM’s July 22, 2026 release covers results for the quarter ended June 30, 2026
- Consolidated financial statements included in Exhibit 99.1 for detailed GAAP results
- Non-GAAP metrics and reconciliations included in Exhibit 99.1 for adjusted performance analysis
- Management’s rationale for non-GAAP measures provided in Exhibit 99.2
Item EX-99.1 · Exhibit EX-99.2
- Q2 revenue $17.2B, up 1%; GAAP EPS $2.27, down 2%, with pre-tax margin declining to 14.4% from 15.3%
- Software revenue $7.8B, up 5%, led by Data up 19% and Hybrid Cloud up 11%; Infrastructure fell 7%
- IBM raised full-year constant-currency revenue-growth expectations to 4–5% while maintaining approximately $1B free-cash-flow growth
- Q2 free cash flow $2.5B, down $0.3B; acquisitions consumed $10.5B year-to-date and debt reached $62.0B
- Power and Storage order backlog nearly $500M; IBM plans more than $10B quantum investment over five years
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