IBM Q3 FY2026财报：营收171亿、调整后EPS 2.95美元均超预期，上调全年FCF指引，盘后一度涨约4.5%

IBM ( IBM ) shares increased 4.5% during early post-market trading on Wednesday after the global tech giant reported its third-quarter fiscal 2026 earnings results. For the quarter ended September 30, IBM reported adjusted earnings per share of $2.95 compared to the consensus estimate of $2.87. GAAP EPS was $2.30 versus the $2.45 estimate. Revenue for the third quarter increased 5% year over year to $17.1B, which was more than the $16.84B estimate. Adjusted gross margin of 58.5% was less than the 59.3% estimate. On a business segment basis, software was the biggest gainer for Big Blue, as revenue increased 8.3% year over year to $7.8B versus the $7.6B estimate. Consulting remained relatively flat at $5.3B, infrastructure climbed 4.2% to $3.7B, and financing declined 4% to $192M. For the full fiscal year, IBM expects revenue to increase at a midpoint of 4.5%, which is more than the 4.1% estimate. "IBM's technology and expertise are helping organizations drive growth and serve customers with greater speed, precision and efficiency than ever before," said Arvind Krishna , IBM chairman, president and CEO. "For the full year, we continue to expect constant currency revenue growth in the range of four-to-five percent, and we now expect free cash flow to increase by more than $1 billion year-over-year." The IBM Board of Directors also approved a quarterly cash dividend of $1.69 per common share. The company said it has paid consecutive quarterly dividends every year since 1916.