International Business Machines (IBM) Earnings Analysis

International Business Machines (IBM) next reports earnings on 2026-10-21, consensus EPS 2.83 USD. Last quarter (2026-07-22) it beat with EPS 2.93 USD vs 2.93 USD est (0%). It has beaten estimates in 7/7 recent quarters (100%). Trailing P/E 17.97.

Last updated 2026-07-23 · Source: FMP fundamentals + earnings calendar (company filings); consensus from sell-side analyst grades

When does IBM next report earnings?

Next earnings date2026-10-21
Consensus EPS estimate2.83 USD
Revenue estimate16.85B

IBM earnings history — beats and misses

Quarter (report date)EPS actualEPS est.SurpriseResult
2026-07-222.93 USD2.93 USD0%Beat
2026-04-221.91 USD1.81 USD+5.5%Beat
2026-01-284.52 USD4.31 USD+4.9%Beat
2025-10-222.65 USD2.45 USD+8.2%Beat
2025-07-232.8 USD2.65 USD+5.7%Beat
2025-01-293.92 USD3.77 USD+4%Beat
2024-07-242.43 USD2.2 USD+10.5%Beat

Beat rate: 7/7 (100%) over reported quarters with consensus data.

IBM valuation and analyst view

Trailing P/E17.97
Trailing EPS11.411 USD
Price / book5.61
Dividend yield3.27%
Market cap195.36B
Analyst consensusBuy (24 buy / 21 hold / 5 sell)
Avg price target265.75 USD

Related research pages

Frequently asked questions

When is International Business Machines (IBM)'s next earnings date?

International Business Machines is next scheduled to report on 2026-10-21, with a consensus EPS estimate of 2.83 USD and revenue estimate of 16.85B.

Did IBM beat earnings last quarter?

In its 2026-07-22 report, IBM posted EPS of 2.93 USD versus a 2.93 USD estimate — a beat of 0%.

What is IBM's earnings track record?

Over the last 7 reported quarters with consensus data, IBM beat estimates 7 times (100%).

What is IBM's current P/E ratio and EPS?

IBM trades at a trailing P/E of 17.97 on trailing EPS of 11.410788381742739 USD.

What do analysts rate IBM?

Analyst consensus is "Buy" across 50 ratings (1 strong buy, 23 buy, 21 hold, 5 sell, 0 strong sell). Average 12-month price target: 265.75 USD.