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Company updateOfficial company sourceOct 1, 2026

IBM Elects Frank Baker (Siris Capital Co-founder) to Board; Amends By-Laws to Expand Board to 14 Directors

On October 1, 2026, IBM elected Frank Baker, Co-founder and Managing Partner of Siris Capital Group, LLC, to its Board of Directors, effective immediately, and assigned him to the Directors and Corporate Governance Committee. In connection with the election, IBM amended Article III, Section 2 of its By-laws to increase the number of directors from thirteen to fourteen, also effective October 1, 2026. This filing does not contain financial results, guidance, or other earnings-related disclosures; the prior guidan...

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Debt offeringSEC filingAug 14, 2026

IBM Prices C$2.75B Two-Tranche Canadian Dollar Debt Offering

IBM filed an 8-K incorporating by reference the underwriting agreement, forms of notes, and related opinions for a C$2,750,000,000 Canadian-dollar debt offering consisting of C$1,750,000,000 4.100% Notes due 2030 and C$1,000,000,000 4.750% Notes due 2034, executed August 10, 2026 and scheduled to close August 17, 2026 at 9:00 a.m. New York City time. CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc. are acting as representatives of the underwriters. Net proceeds a...

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SEC filingSEC filingJul 23, 2026

IBM 10-Q filed 2026-07-23 | Key takeaways

IBM filed its 10-Q; the most relevant disclosure change is expanded Acquisitions and divestitures: Confluent purchase price allocation finalized at $11,602 million with goodwill of $7,238 million (primarily $7,149 million to Software and $89 million to Consulting); new sub-disclosure adds that on July 22, 2026 IBM signed a definitive agreement to acquire a .

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WebcastEarnings call webcastJul 22, 2026

IBM Q1 2026 Call: Software and Z17 Strength Drive 5%+ Revenue Outlook; GenAI Book Surpasses $12.5B

Following the strong Q1 print, IBM management used the conference call to detail a 'software-led' growth strategy that is successfully navigating a dynamic macro environment. Key highlights included the acceleration of Red Hat growth to 10% and a massive 48% jump in Z17 mainframe revenue, which management described as the strongest cycle in recent history. Despite broader market uncertainties, IBM raised its software growth expectations to 10%+ for the full year, underpinned by a GenAI book of business that has...

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EarningsOfficial company sourceJul 14, 2026

IBM Q2 2026 Preliminary Revenue $17.2B Up 1%; Software +5%, Infrastructure -7%; Diluted EPS $2.27 GAAP, $2.93 Non-GAAP

IBM released preliminary second-quarter 2026 results showing revenue of $17.2 billion, up 1% year-over-year, with software up 5%, consulting flat, and infrastructure down 7%. The company stated these results were below its internal expectations, citing a stronger-than-expected shift in client capex spending toward servers, storage, and memory ahead of expected price increases, plus industry-wide cybersecurity distractions that disrupted mainframe and associated software deal closures. No formal prior quarterly g...

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Company newsOfficial company sourceMay 28, 2026

IBM Announces $10B+ Quantum Investment Plan Over Five Years

IBM disclosed plans to invest more than $10 billion over the next five years to advance its leadership position in quantum computing, including R&D, capex, ecosystem partnerships, manufacturing scaling, and M&A. The company targets delivering the first large-scale fault-tolerant quantum computer by 2029. This announcement follows a Letter of Intent between IBM and the Department of Commerce to build an American quantum chip foundry called Anderon to accelerate American quantum innovation.

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