GoKawiilIBM tops Q3 estimates, raises free cash flow outlook for 2026
IBM reported third-quarter adjusted earnings of $2.95 per share on revenue of $17.10 billion, both ahead of analyst expectations. Net income rose to $2.19 billion from $1.74 billion a year earlier, with software revenue up 8% to $7.80 billion. IBM also raised its full-year free cash flow guidance to an increase of more than $1 billion, up from the roughly $1 billion improvement it had forecast in July.