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IBM revenue rises 5% to $17.1 billion in third quarter
IBM increased its revenue by 5% year over year to $17.1 billion in the July-September period of 2026. The company also increased net income by 26% and maintained its forecast for 4% to 5% revenue growth on a constant-currency basis for 2026.
IBM's revenue in the July-September period of 2026 rose 5% from the same quarter last year to $17.1 billion. The company had generated $16.3 billion in revenue in the same quarter last year.
According to the financial results, IBM's net income also increased 26% year over year to $2.19 billion. Net income stood at $1.74 billion in the same period last year. Earnings per share rose from $1.84 to $2.31.
IBM maintains year-end revenue forecast
The company maintained its forecast for revenue growth of 4% to 5% on a constant-currency basis for the full year of 2026.
IBM Chief Executive Officer (CEO) Arvind Krishna said the disciplined execution throughout the quarter accelerated revenue growth and generated strong free cash flow.
Krishna said customers were now deploying Superintelligence in ways that transform their entire operating models, rather than seeking solutions only for narrowly defined or emerging problems.
Arvind Krishna said they expected free cash flow to increase by more than $1 billion year over year for the full year.
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