International Business Machines Corporation filed its Form 10-Q with the U.S. Securities and Exchange Commission on October 22, 2026, reporting unaudited financial results for the quarter and nine months ended September 30, 2026.

Key Highlights

  • Total revenue of $17,103 million for the three months ended September 30, 2026, compared with $16,331 million in the same period of 2025, according to the filing.
  • Net income of $2,190 million for Q3 2026, up from $1,744 million in Q3 2025, as reported in the consolidated income statement.
  • Diluted earnings per share from continuing operations of $2.31 for the third quarter of 2026, versus $1.84 in Q3 2025.
  • Nine-month total revenue of $50,182 million for the period ended September 30, 2026, compared with $47,849 million for the same period in 2025.
  • 945,120,805 shares of common stock outstanding at September 30, 2026, as stated on the filing's cover page.
  • Total assets of $155,011 million at September 30, 2026, up from $151,880 million at December 31, 2025.
  • Goodwill of $74,916 million at September 30, 2026, increased from $67,717 million at December 31, 2025.

IBM's Third-Quarter 2026 Financial Results: Revenue, Earnings, and Balance Sheet

According to the filing, IBM (NYSE:IBM) recorded total revenue of $17,103 million for the three months ended September 30, 2026, compared with $16,331 million for the same period in 2025. Revenue was broken into three categories: Services at $8,000 million (versus $7,724 million in Q3 2025), Sales at $8,912 million (versus $8,407 million), and Financing at $192 million (versus $200 million). Total cost for the quarter was $7,389 million, resulting in gross profit of $9,714 million.

The company reported income from continuing operations of $2,199 million for Q3 2026, compared with $1,744 million in Q3 2025. The provision for income taxes was $298 million in Q3 2026, down from $686 million in the prior-year quarter, according to the consolidated income statement. A loss from discontinued operations of $10 million, net of tax, was recorded in Q3 2026, bringing net income to $2,190 million. For the nine months ended September 30, 2026, net income totaled $5,571 million versus $4,993 million in the comparable 2025 period.

The consolidated balance sheet showed cash and cash equivalents of $9,233 million at September 30, 2026, down from $13,587 million at December 31, 2025. Total assets stood at $155,011 million. Goodwill rose to $74,916 million from $67,717 million at year-end 2025, and intangible assets, net, increased to $13,603 million from $11,391 million, as disclosed in the filing. Total comprehensive income for the nine months ended September 30, 2026, was $6,299 million, reflecting other comprehensive income, net of tax, of $728 million.

What Was Disclosed

IBM's 10-Q for the quarter ended September 30, 2026, disclosed unaudited income statement, comprehensive income, balance sheet, and cash flow data, along with notes to consolidated financial statements and management's discussion and analysis, covering both third-quarter and nine-month periods.