IBM Stock Price Declines Amid Mixed Q2 FY2026 Report
IBM's stock price on September 30, 2026, was EUR 194.07 at Lang & Schwarz, down 0.10 percent from its prior close of EUR 194.26. The decline follows a mixed Q2 FY2026 report, where revenue growth failed to translate into higher net income and profits.
The company's revenue for the quarter ended June 30, 2026, increased by 1.10 percent to USD 17.16 billion compared to the same period last year. However, net income fell 1.30 percent to USD 2.17 billion, while diluted GAAP earnings per share declined 1.70 percent to USD 2.27.
Software revenue was a bright spot for IBM, increasing by 5.10 percent to USD 7.76 billion in Q2 FY2026. However, Infrastructure revenue fell 7.40 percent to USD 3.83 billion. Analysts expect IBM's 2026 revenue growth to be between 4.00 and 5.00 percent.