secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0000051143-26-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000005114326000036/0000051143-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000005114326000036/ibm-20260422.htm
  HTML page:      https://secwatch.observer/filing/0000051143-26-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer