International Business Machines (IBM) Q1 2026 (USD): Adj. EPS 1.91 (exp. 1.81), Revenue 15.9bln (exp. 15.62bln). FY adj. revenue growth of atleast 5%.

IBM's Q1 2026 results beat expectations on both adjusted EPS and revenue, showcasing solid growth across its software and infrastructure segments.

Newsquawk StaffPublished 22 Apr 2026, 20:28 UTCOn the live feed at 20:08 UTC — 5 more headlines followed before this page went public

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20:15

United Rentals Inc (URI) Q1 2026 (USD): EPS 9.71 (exp. 8.95), Revenue 3.99bln (exp. 3.87bln), raises FY revenue to between 16.9-17.4bln (prev. guided 16.8-17.3bln)

20:10

ServiceNow Inc. (NOW) Q1 2026 (USD) Adj. EPS 0.97 (exp. 0.97), Revenue 3.77bln (exp. 3.75bln), sees Q2 revenue between 3.815-3.82bln (exp. 3.86bln) and FY revenue between 15.74-15.78bln (exp. 15.98bln)

20:08

International Business Machines (IBM) Q1 2026 (USD): Adj. EPS 1.91 (exp. 1.81), Revenue 15.9bln (exp. 15.62bln). FY adj. revenue growth of atleast 5%.

20:06

Kinder Morgan Inc (KMI) Q1 2026 (USD): Adj. EPS 0.48 (exp. 0.39), Revenue 4.83bln (exp. 4.63bln)

20:05

Lam Research (LRCX) Q3 2026 (USD) Adj. EPS 1.47 (exp. 1.36), Revenue 5.84bln (exp. 5.73bln)

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Gross margin 56.2%.
FY free cash flow view: to increase by about USD 1bln Y/Y.
Increased qtrly cash dividend to USD 1.69 per share.

Segment Results for First Quarter

Software USD 7.1 bln, +11% y/y (+8% constant currency)
Hybrid Cloud (Red Hat) +13% (+10% constant currency) Automation +10% (+7% constant currency) Data +19% (+16% constant currency) Transaction Processing +6% (+2% constant currency)
Consulting USD 5.3 bln, +4% y/y (+1% constant currency)
Strategy & Technology +4% (+1% constant currency) Intelligent Operations +4% (+1% constant currency)
Infrastructure USD 3.3 bln, +15% y/y (+12% constant currency)
Hybrid Infrastructure +28% (+25% constant currency) IBM Z +51% (+48% constant currency) Distributed Infrastructure +17% (+13% constant currency) Infrastructure Support -2% (-6% constant currency)
Financing USD 0.2 bln, +15% y/y (+10% constant currency)

Context

With a promising FY revenue growth guidance of at least 5% and an increase in free cash flow, the company appears well-positioned to deliver sustained performance, which could positively influence its stock and market sentiment, especially within the IT services sector.

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