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IBM keeps full-year growth targets as software boosts margins and cash flow

Company Fundamentals
22 Oct 2026
Proactive Investors
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Bullish
IBM keeps full-year growth targets as software boosts margins and cash flow

IBM reported a 1% revenue increase to $14.5 billion in Q1, driven by a 7% rise in software sales, especially in hybrid cloud and automation. Margins improved with gross profit margin up 170 basis points and free cash flow rising to $2 billion. Despite a 33% drop in net income due to prior tax benefits, IBM maintained its full-year revenue growth target of at least 5% and free cash flow forecast of $13.5 billion. The company also returned $1.5 billion to shareholders and invested $7.1 billion in acquisitions, including HashiCorp.

IBM's Q1 results and outlook are presented here with Pluang's Technology sector market data as of Oct 22, 2026 20:31 WIB. Among 150 priced US Technology stocks on Pluang, 54 rose and 94 fell today. Notable movers include ASX at USD 39.94 with a 5.82% decline, Intel (INTC) at USD 87.55 down 5.82%, and Strategy Inc. (MSTR) at USD 144.72 down 5.71%.

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