{"schema_version":"secwatch.filing_event.v1","accession":"0000051143-26-000070","form_type":"8-K","ticker":"IBM","cik":"0000051143","company_name":"INTERNATIONAL BUSINESS MACHINES CORP","filed_at":"2026-07-14T11:01:52+00:00","discovered_at":"2026-07-14T11:05:01.278620+00:00","generated_at":"2026-07-14T11:05:18.195360+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IBM Q2 prelim: rev $17.2B (+1%), GAAP EPS $2.27 (-2%); cites client capex shift, cyber distractions for shortfall","bullets":["Revenue $17.2B (+1% YoY); Software +5%, Consulting flat, Infrastructure -7%.","GAAP diluted EPS $2.27 (-2%); Operating (non-GAAP) EPS $2.93 (+5%).","YTD net cash from ops $7.8B; free cash flow $4.8B.","Shortfall driven by client capex reprioritization and cybersecurity distractions; large deals failed to close.","Announced Lightwell ($5B commitment) and quantum foundry Anderon ($1B CHIPS incentives, $1B IBM cash)."],"urls":{"canonical":"https://secwatch.observer/filing/0000051143-26-000070","json":"https://secwatch.observer/filing/0000051143-26-000070.json","markdown":"https://secwatch.observer/filing/0000051143-26-000070.md","text":"https://secwatch.observer/filing/0000051143-26-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51143/000005114326000070/0000051143-26-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51143/000005114326000070/ibm-20260714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-14T11:05:18.195360+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}