IBM Reports Disappointing Earnings Amid Mainframe Revenue Decline

IBM reported a significant earnings miss despite strong cash generation in Q2. The company's mainframe business declined by 42%, impacting software revenue and leading to a stock drop of over 25%. IBM CEO Arvind Krishna warned investors ahead of the report, calling it a temporary setback.

By Julie Bort Thu, July 23, 2026 at 2:47 AM GMT+3 2 min read · Yahoo Finance · July 22, 2026, 23:47 UTC

IBM Reports Disappointing Earnings Amid Mainframe Revenue Decline

Tickers: $IBM

Topics: Earnings Mainframe Business Decline Stock Performance

Read the full article at Yahoo Finance

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