{"schema_version":"secwatch.filing_event.v1","accession":"0000051143-26-000093","form_type":"8-K","ticker":"IBM","cik":"0000051143","company_name":"INTERNATIONAL BUSINESS MACHINES CORP","filed_at":"2026-10-21T20:19:17+00:00","discovered_at":"2026-10-21T20:21:09.306973+00:00","generated_at":"2026-10-21T20:21:26.510891+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"IBM Q3 revenue $17.1B up 5%; operating EPS $2.95 up 11%; raises FY free cash flow outlook","bullets":["Revenue $17.1B, up 5% (6% constant currency); Software $7.8B +8%, Infrastructure $3.7B +4%, Consulting $5.3B flat, Financing $0.2B -4%.","GAAP diluted EPS $2.31, up 26%; operating (non-GAAP) EPS $2.95, up 11%; operating pre-tax margin 19.3%, up 70 bps; GAAP margin 14.6%, down 30 bps.","Data revenue up 19% and Hybrid Cloud (Red Hat) up 11%; Distributed Infrastructure +31%, but IBM Z down 20% and Automation down 3%.","FY2026 outlook: constant-currency revenue growth of 4-5% reiterated; free cash flow now expected to increase more than $1B year over year.","Dividend held at $1.69/share, record Nov 10, 2026, payable Dec 10, 2026; YTD free cash flow $7.8B, up $0.6B; $11.4B spent on acquisitions this year."],"urls":{"canonical":"https://secwatch.observer/filing/0000051143-26-000093","json":"https://secwatch.observer/filing/0000051143-26-000093.json","markdown":"https://secwatch.observer/filing/0000051143-26-000093.md","text":"https://secwatch.observer/filing/0000051143-26-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51143/000005114326000093/0000051143-26-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51143/000005114326000093/ibm-20261021.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:21:26.510891+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"}