IBM released its preliminary revenue data for the second quarter of 2026, reporting total revenue of $17.2 billion, a 1% year-over-year increase, which fell short of the market estimate of $17.86 billion. Among the segments, software revenue grew by 5%, while infrastructure revenue declined by 7%. Diluted earnings per share stood at $2.27, down 2% year-over-year; non-GAAP operating earnings per share reached $2.93, up 5% year-over-year.
