$209.59
▲ +1.7% Today
as of Jul 22, 16:50 ET
Last 30 days
Recent Press Releases & News
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Baird Initiates IBM at Neutral With $230 Price Target
Alphabet, IBM, Tesla Earnings: What to Watch the Rest of the Week
IBM Faces Its Biggest Earnings Test Yet After a Historic Stock Drop
Overview
52-week range
$212
$332
0% of range
Avg surprise (last 2)
+9.4%
Avg reaction (last 2)
+1.0%
100% positive
Latest IV / EM
126%
EM ±7.4% · $213 · Jul 24
Earnings trends
EPS — actual vs estimate
Actual Estimate
Revenue vs Net Income
Revenue Net income
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Mar 31, 2026 | Mar 2026 | $1.28 | — | — | — | — | financials |
| Tue Sep 30, 2025 | Sep 2025 | $1.84 | — | — | — | — | financials |
| Wed Jul 23, 2025 | Jun/2025 | $2.80 | $2.64 | +6.1% | — | +0.0% | earnings |
| Wed Apr 23, 2025 | Mar/2025 | $1.60 | $1.42 | +12.7% | — | +1.9% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $-0.36 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $1.96 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $1.72 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $1.84 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $1.72 | — | — | — | — | financials |
Upcoming
| Date | Fiscal | Time | EPS Est | LY EPS | YoY %Δ |
|---|---|---|---|---|---|
| Wed Jul 22, 2026 | Jun/2026 | AMC | $2.97 | $2.80 | +6.1% |
Financials
Income statement (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.92B | — | $16.33B | $16.98B | $14.54B | — | $14.97B | $15.77B |
| Cost of revenue | $6.97B | — | $6.97B | $7.00B | $6.51B | — | $6.55B | $6.82B |
| Gross profit | $8.95B | — | $9.36B | $9.98B | $8.03B | — | $8.42B | $8.95B |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $1.22B | — | $1.74B | $2.19B | $1.05B | — | $-330M | $1.83B |
| EPS (diluted) | $1.28 | — | $1.84 | $2.31 | $1.12 | — | $-0.36 | $1.96 |
Balance sheet (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $10.82B | $13.59B | $11.57B | $11.94B | $11.04B | $13.95B | $13.20B | $12.21B |
| Inventory | $1.48B | $1.22B | $1.40B | $1.25B | $1.43B | $1.29B | $1.37B | $1.23B |
| Total current assets | $31.91B | $36.94B | $32.74B | $34.25B | $35.34B | $34.48B | $30.54B | $33.30B |
| Total assets | $156.23B | $151.88B | $146.31B | $148.59B | $145.67B | $137.18B | $134.34B | $133.85B |
| Long-term debt | $57.71B | $54.84B | $55.17B | $55.22B | $56.37B | $49.88B | $52.98B | $52.93B |
| Total liabilities | $123.17B | $119.14B | $118.32B | $121.00B | $118.71B | $109.78B | $109.81B | $109.75B |
| Total equity | $32.97B | $32.65B | $27.91B | $27.51B | $26.88B | $27.31B | $24.45B | $24.03B |