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Plan G Research
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$IBM IBM Q2 Earnings & FY Outlook

Posted
2026.07.23 05:16
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Operating EPS $2.93 vs. $2.80 y/y
Revenue $17.16B est.17.52B
Software Revenue $7.76B, est. $7.99B
Consulting Revenue $5.33B, est. $5.39B
Free Cash Flow $2.54B, est. $2.95B
Sees FY Revenue (constant FX) +4% to +5% vs. prior above +5%
Still on track to deliver a quantum computer by 2029

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