By Samantha Subin
Publication Date: 2026-01-28 21:11:00
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025.
Yves Herman | Reuters
IBM reported better-than-expected fourth-quarter results on Wednesday and issued a forecast that slightly topped estimates.
Here how the company did compared to LSEG consensus estimates:
- Earnings per share: $4.52 adjusted vs. $4.32 expected
- Revenue: $19.69 billion vs. $19.23 billion expected.
Revenue rose 12% during the period from $17.6 billion a year earlier. Net income increased to $5.6 billion, or $5.88 per share, from $2.92 billion, or $3.09 per share, in the year-ago period.
IBM said it expects full-year revenue growth to exceed 5%, decelerating from 8% last year. Analysts expect sales growth of 4.6% in 2026, according to LSEG. Free cash flow should increase by $1 billion after reaching $14.7 billion in 2025, the company said.
CEO Arvind Krishna said in a release that the company’s generative artificial…
