---
schema_version: "secwatch.filing_event.v1"
accession: "0000051143-26-000004"
form_type: "8-K"
ticker: "IBM"
cik: "0000051143"
company_name: "INTERNATIONAL BUSINESS MACHINES CORP"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:11:38.862519+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000051143-26-000004
- form_type: 8-K
- ticker: IBM
- cik: 0000051143
- company_name: INTERNATIONAL BUSINESS MACHINES CORP
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51143/000005114326000004/0000051143-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51143/000005114326000004/ibm-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051143-26-000004
- JSON: https://secwatch.observer/filing/0000051143-26-000004.json
- Plain text: https://secwatch.observer/filing/0000051143-26-000004.txt

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