---
schema_version: "secwatch.filing_event.v1"
accession: "0000051143-26-000036"
form_type: "8-K"
ticker: "IBM"
cik: "0000051143"
company_name: "INTERNATIONAL BUSINESS MACHINES CORP"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:57:43.518037+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IBM Q1 revenue $15.9B (+9% YoY); EPS $1.28 GAAP, $1.91 non-GAAP; dividend raised to $1.69

## Summary
- Revenue $15.9B, up 9% (6% cc); Software +11%, Consulting +4%, Infrastructure +15%.
- GAAP EPS $1.28, up 14%; Operating (non-GAAP) EPS $1.91, up 19%; gross margins expanded.
- Free cash flow $2.2B, up $0.3B YoY; net cash from ops $5.2B.
- FY 2026 guidance: constant currency revenue growth >5%; FCF expected to increase ~$1B YoY.
- Quarterly dividend increased to $1.69/share, payable June 10; 31st consecutive annual increase.

## SEC filing metadata
- accession: 0000051143-26-000036
- form_type: 8-K
- ticker: IBM
- cik: 0000051143
- company_name: INTERNATIONAL BUSINESS MACHINES CORP
- filed_at: 2026-04-22T23:59:59+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/51143/000005114326000036/0000051143-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51143/000005114326000036/ibm-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051143-26-000036
- JSON: https://secwatch.observer/filing/0000051143-26-000036.json
- Plain text: https://secwatch.observer/filing/0000051143-26-000036.txt

## Key facts
- Earnings Releases
  INTERNATIONAL BUSINESS MACHINES CORP updated its the period ended March 31, 2026 guidance (reaffirmed).
  - Period: the period ended March 31, 2026
  - Guidance: reaffirmed
  - Result: reported results
  source text: The registrant’s press release dated April 22, 2026, regarding its financial results for the period ended March 31, 2026, including consolidated financial statements for the period ended March 31, 2026, is Exhibit 99.1 of this Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51143/000005114326000036/0000051143-26-000036-index.htm

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