IBM BEATS Q1 ESTIMATES, STOCK FALLS 6%

AI DESK■ 1 MIN READ

WED, APR 22, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

IBM reported first-quarter revenue of $15.92 billion, exceeding analyst estimates of $15.62 billion, with software revenue climbing 11% to $7.05 billion. Despite the beat and maintained full-year guidance, shares dropped 6% in after-hours trading.

The hardware, software, and consulting giant posted a 9% year-over-year revenue increase for the quarter. Software revenue growth of 11% outpaced overall company growth, reflecting IBM's ongoing pivot toward higher-margin business segments. The company maintained its forward guidance for fiscal year 2026, signaling confidence in its strategic direction. However, investors reacted negatively to the results, with the stock declining in extended trading following the announcement. The after-hours decline suggests market expectations may have extended beyond the reported beat on revenue estimates. IBM's ability to sustain software momentum and meet full-year targets will be closely watched by analysts and investors in coming quarters.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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IBM BEATS Q1 ESTIMATES, STOCK FALLS 6%

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