---
schema_version: "secwatch.filing_event.v1"
accession: "0000051143-23-000026"
form_type: "8-K"
ticker: "IBM"
cik: "0000051143"
company_name: "INTERNATIONAL BUSINESS MACHINES CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:01:47.133728+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IBM Q3 revenue up 4.6% to $14.8B; operating EPS $2.20; free cash flow $1.7B

## Summary
- Revenue $14.8B, +4.6% YoY (+3.5% cc); software +8%, consulting +6%, infrastructure -2%.
- GAAP EPS $1.86; operating (non-GAAP) EPS $2.20 (+22% YoY).
- Free cash flow $1.7B in Q3, up $0.9B YoY; YTD FCF $5.1B, up $1.0B.
- Full-year 2023 guidance: constant currency revenue growth 3%-5%, FCF ~$10.5B (up >$1B YoY).
- Segment: Red Hat +9%, Automation +14%, Data & AI +6%; IBM zSystems +9%.

## SEC filing metadata
- accession: 0000051143-23-000026
- form_type: 8-K
- ticker: IBM
- cik: 0000051143
- company_name: INTERNATIONAL BUSINESS MACHINES CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51143/000005114323000026/0000051143-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51143/000005114323000026/ibm-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051143-23-000026
- JSON: https://secwatch.observer/filing/0000051143-23-000026.json
- Plain text: https://secwatch.observer/filing/0000051143-23-000026.txt

## Key facts
- Earnings Releases
  INTERNATIONAL BUSINESS MACHINES CORP reported financial results for the period ended September 30, 2023.
  - Period: the period ended September 30, 2023
  - Result: reported results
  source text: The registrant's press release dated October 25, 2023 , regarding its financial results for the period ended September 30, 2023, including consolidated financial statements for the period ended September 30, 2023, is Exhibit 99.1 of this Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51143/000005114323000026/0000051143-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.