IBM Q4 rev $19.7B, up 12%; Software +14%; FY26 guides >5% cc growth, FCF +$1B

INTERNATIONAL BUSINESS MACHINES CORP

2025-FY EPS reported $11.17 revenue$67,535,000,000

Q4 GAAP diluted EPS $5.86 (incl. tax benefit); operating EPS $4.52, up 15% YoY.
Software revenue $9.0B (+14%); Red Hat +10%, Data +22%; Consulting $5.3B (+3%).
Infrastructure $5.1B (+21%) led by IBM Z +67%; Generative AI book of business >$12.5B.
FY25 free cash flow $14.7B (+$2B YoY); quarterly dividend $1.68/share, payable Mar 10.
FY26 guidance: constant currency revenue growth >5%; free cash flow +~$1B YoY.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.