
IBM's Q3 Consulting revenues are poised for modest growth, fueled by rising demand for technology consulting, strategic AI partnerships and a cybersecurity buyout.
International Business Machines Corporation (IBM) is an American multinational technology company headquartered in Armonk, New York, with operations in over 170 countries. The company began in 1911, founded in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR) and was renamed International Business Machines in 1924. IBM is incorporated in New York. IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most annual U.S. patents generated by a business (as of 2020) for 28 consecutive years. Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s.
| Revenue (TTM) | $69.09B |
| Gross Profit (TTM) | $40.14B |
| EBITDA | $16.47B |
| Operating Margin | 16.60% |
| Return on Equity | 34.50% |
| Return on Assets | 5.30% |
| Revenue/Share (TTM) | $73.70 |
| Book Value | $36.57 |
| Price-to-Book | 6.33 |
| Price-to-Sales (TTM) | 3.17 |
| EV/Revenue | 3.982 |
| EV/EBITDA | 15.66 |
| Quarterly Earnings Growth (YoY) | -1.80% |
| Quarterly Revenue Growth (YoY) | 1.10% |
| Shares Outstanding | $942.13M |
| Float | $940.19M |
| % Insiders | 0.10% |
| % Institutions | 66.60% |
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IBM's Q3 Consulting revenues are poised for modest growth, fueled by rising demand for technology consulting, strategic AI partnerships and a cybersecurity buyout.

IBM's Q3 earnings could benefit from software revenue growth, fueled by AI innovation, strategic partnerships and expanding enterprise cloud capabilities.

Beyond analysts' top-and-bottom-line estimates for IBM (IBM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2026.

"The world of generalists is long gone," said IBM's chief talent, leadership, and culture officer. Aparna Nair said IBM's clients aren't expecting general advice; they're looking for deep expertise.

IBM has raised its dividend every year since 1916, but the raises have shrunk to a single penny while debt climbs and a weak quarter rattles investors.

Bank of America expects International Business Machines Corp (NYSE:IBM), the technology and consulting group, to deliver a modest third-quarter earnings beat on October 21 while keeping its financial 2026 outlook unchanged. The bank reiterated its 'buy' rating and $280 price target, citing IBM's shift towards higher-margin software, improving profitability and strong free cash flow.

IBM faces a crucial Q3 earnings test as AI and hybrid cloud growth opportunities clash with mounting competition, margin pressures and premium valuation.

IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Collaboration aims to accelerate development of the manufacturing and design capabilities needed for future nanostack generations ALBANY, N.Y., Oct. 14, 2026 /PRNewswire/ -- Today, IBM (NYSE: IBM), in collaboration with Siemens, announced new research aimed at advancing IBM's nanostack architecture, a new transistor architecture unveiled by IBM earlier this year.

One tech giant is up over 50% this year while the other has fallen out of favor with Wall Street, and for retirees living off dividend income, that divergence points toward a clear winner that most investors are overlooking.
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