By Benzinga Insights
Publication Date: 2026-04-22 22:14:00
IBM (NYSE:IBM) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call.
This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/.
View the webcast at https://event.choruscall.com/mediaframe/webcast.html?webcastid=wTrLssig
Summary
IBM reported a strong start to 2026 with a 6% revenue growth and a 13% increase in free cash flow for the first quarter, driven by strong performance across their software and infrastructure segments.
The company emphasized its strategic focus on being a software-led hybrid cloud and AI platform, with particular growth in software revenue (8%) and infrastructure (12%), highlighting the success of Red Hat and IBM Z platforms.
IBM provided a confident outlook, expecting over 5% revenue growth and a $1 billion increase in free cash flow for the year, despite…
