---
schema_version: "secwatch.filing_event.v1"
accession: "0000051143-25-000061"
form_type: "8-K"
ticker: "IBM"
cik: "0000051143"
company_name: "INTERNATIONAL BUSINESS MACHINES CORP"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:52:36.121200+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IBM Q3 revenue $16.3B (+9% YoY); raises FY revenue and FCF guidance

## Summary
- GAAP EPS $1.84; operating (non-GAAP) EPS $2.65, up 15% YoY; gross margin improved 1.1 pts to 57.3%.
- Software $7.2B (+10%), Consulting $5.3B (+3%), Infrastructure $3.6B (+17%); all segments grew.
- AI book of business exceeded $9.5B; Red Hat +14%, Automation +24%, IBM Z +61%.
- FY25 outlook raised: constant-currency revenue growth >5%, free cash flow ~$14B.
- Declares regular quarterly dividend of $1.68/share, payable Dec 10, 2025.

## SEC filing metadata
- accession: 0000051143-25-000061
- form_type: 8-K
- ticker: IBM
- cik: 0000051143
- company_name: INTERNATIONAL BUSINESS MACHINES CORP
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51143/000005114325000061/0000051143-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51143/000005114325000061/ibm-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051143-25-000061
- JSON: https://secwatch.observer/filing/0000051143-25-000061.json
- Plain text: https://secwatch.observer/filing/0000051143-25-000061.txt

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