International Business Machines Corporation

IBM RELEASES THIRD-QUARTER RESULTS

IBM reported Q3 2026 revenue of $17.1 billion, up 5% YoY (6% at constant currency), with accelerated growth led by Software (+8%) and Infrastructure (+4%). GAAP diluted EPS from continuing operations rose 26% to $2.31, with operating (non-GAAP) EPS of $2.95. Q3 free cash flow was $3.0 billion, up $0.7 billion YoY. Management raised the full-year free cash flow outlook to an increase of more than $1 billion year-over-year while maintaining 4-5% constant currency revenue growth guidance, and the board approved a $1.69 quarterly dividend.

•4d ago

IBM Ventures Invests in Leena AI to Accelerate Agentic AI Across the Enterprise Back Office

IBM Ventures made a strategic investment in Leena AI, an enterprise agentic AI company whose AI Colleague platform automates HR, IT and Finance back-office processes. The investment amount was not disclosed; Leena AI serves more than 500 enterprises and was named a Leader in the Gartner Magic Quadrant for three consecutive years. For IBM, the deal is a modest strategic bet that complements its AI orchestration and governance portfolio rather than a financially material event.

•5d ago

llm-d 1.0 Advances Open, Cost-Efficient AI Inference for Production Scale

IBM-backed open-source project llm-d released version 1.0, a hardened core for distributed AI inference now governed by the CNCF. IBM co-founded the project with Red Hat, Google Cloud, CoreWeave and NVIDIA, and IBM Research demonstrations claim up to 11.5x lower inference cost and 5-10x savings versus commercial API pricing on agentic workloads. The milestone strengthens IBM's open AI infrastructure positioning but carries no disclosed financial impact; it is a technology-ecosystem event rather than a revenue catalyst.

•5d ago

Nasdaq Sheds 1.65% as Russell 2000 Sinks to RSI 28, Oil Climbs While Gold and Silver Slide

IBM advanced to Stage C, the third phase of DARPA's Quantum Benchmarking Initiative, subjecting its quantum hardware and architectures to independent verification. The DARPA program aims to determine whether an industrially useful fault-tolerant quantum computer can be built by 2033; IBM says it expects to deliver its first fault-tolerant system in 2029. The broader article is third-party market commentary recapping a down session (Nasdaq -1.65%), with IBM's DARPA news one of five company items mentioned.

•11d ago

IBM and Siemens Collaborate on Research to Advance Nanostack Architecture

IBM and Siemens announced a research collaboration to advance IBM's nanostack, a 3D nanosheet-based transistor architecture first unveiled earlier this year. Siemens contributes EDA, process simulation, lithography optimization, and manufacturing software expertise to accelerate development beyond the current 7 angstrom node, targeting nearly 100 billion transistors in a fingernail-sized space. The deal has no disclosed financial terms; it strengthens IBM's semiconductor scaling roadmap supporting AI workloads but is a long-horizon R&D signal rather than a near-term earnings driver.

•11d ago

IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative

IBM has been selected for Stage C of DARPA's Quantum Benchmarking Initiative, moving into independent verification and validation testing of its quantum hardware. Stage C shifts the evaluation beyond conceptual plans to hands-on testing by DARPA's independent experts to determine whether IBM can build a fault-tolerant quantum computer. IBM reiterated its plan to deliver its first fault-tolerant system, IBM Quantum Starling, in 2029, and cites a network of more than 340 organizations using its quantum computers today.

•17d ago

IBM Teams Up with SAP to Help Businesses Modernize Operations and Advance AI-Readiness

IBM launched IBM Ready for SAP Solutions, a consulting offering to help midsize companies accelerate SAP Cloud ERP modernization and build an AI-ready digital core. Case studies include Volumetric Building Companies, which cut operational cycle times by 50% after a three-month SAP Cloud ERP transformation with IBM, and Second Nature Brands, which integrated its acquired Voortman Bakery business onto a common platform. No contract values or financial terms were disclosed; the offering is currently limited to specific countries and industries, with global expansion planned.

•18d ago

IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities

IBM and Red Hat announced that Lightwell has identified and remediated more than 400 previously unknown vulnerabilities in widely used Java libraries. The companies also made Lightwell Clearinghouse generally available, letting enterprise customers submit specific open source dependencies for priority review and remediation. The initiative positions IBM and Red Hat to address security risks posed by AI agents chaining lower-severity weaknesses into attacks, building on their $5 billion open source commitment announced in May.

•19d ago

IBM Introduces Self-Hosted Deployment for IBM Bob to Help Enterprises Advance AI Sovereignty and Governance

IBM announced self-hosted deployment for IBM Bob, its agentic software development platform, targeting on-premises, private-cloud, sovereign-cloud, and air-gapped environments. The move addresses regulated-industry demand: IBM's own research found 68% of surveyed executives say meeting data residency and sovereignty requirements across geographies is challenging. Strategically, the launch positions IBM for hybrid and edge AI, which Futurum Research projects will capture 44% of the AI infrastructure market by 2030.

•24d ago

IBM Acquires Logiq Consulting to Expand Secure Digital Transformation and Cybersecurity Capabilities in the UK

IBM announced the acquisition of Logiq Consulting, an NCSC-assured UK cybersecurity consultancy serving Defence, Critical National Infrastructure and the Public Sector. Logiq adds Secure by Design and cybersecurity assurance capabilities and operates DISX, a sovereign collaboration platform for UK Government and Defence information exchange. Financial terms were not disclosed; for a company of IBM's scale this is a strategic capability tuck-in rather than a financially material event.

•1mo ago

IBM Expands Its Digital Banking Infrastructure with Swift Integration and Digital Asset Haven On-Premises

IBM announced two beta capabilities: connectivity between IBM Digital Asset Haven and Swift's blockchain-based shared ledger for tokenized deposit transactions, plus an on-premises deployment option for Digital Asset Haven. The Swift integration lets banks instruct tokenized deposit transactions using standard ISO 20022 messages, and participating clients have already tested tokenized deposits on the shared ledger. Swift connects 12,500 financial institutions across 200+ markets. The on-premises option runs entirely on IBM Z and LinuxONE with no public cloud dependency, combining hardware-backed key security with the same APIs as the SaaS and hybrid versions. The announcement positions IBM to capture demand from banks modernizing payments infrastructure — J.P. Morgan Payments cites 93% of financial institutions modernizing — though the offering remains in beta with no revenue contribution disclosed.

•1mo ago