By TradingView
Publication Date: 2026-10-22 05:32:00
Technology and consulting giant IBM 
IBM beat Wall Street’s revenue expectations in Q3 2026, with sales up 4.7% year on year to $17.1 billion. Its non-GAAP profit of $2.95 per share was 2.7% above analysts’ consensus estimates.
IBM (IBM) Q3 2026 highlights:
- Revenue: $17.1 billion vs analyst estimates of $16.79 billion (4.7% year-on-year growth, 1.9% beat)
- Adjusted EPS: $2.95 vs analyst estimates of $2.87 (2.7% beat)
- Adjusted EBITDA: $4.98 billion vs analyst estimates of $4.67 billion (29.1% margin, 6.5% beat)
- Operating Margin: 16.8%, in line with the same quarter last year
- Market Capitalization: $236.9 billion
StockStory’s take
IBM’s third quarter saw revenue and non-GAAP profit exceed Wall Street expectations, driven by strong growth in software and infrastructure segments. Management attributed the quarter’s performance to a rebound in software demand, particularly in Red Hat and transaction processing, and highlighted progress in AI-enabled offerings and mainframe platforms….
