IBM earnings & options International Business Machines Corporation
Next reportOct 21, 2026
EPS estimate2.90
Options-implied moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast.
recorded at the close before the report
Hist. avg |reaction|6.0%
Median5.2%
Largest14.5%
Implied vs actual, past reports
Definitions →Solid bars: the actual two-session reaction around each report (signed value printed below). Amber outlines: the move options priced beforehand — recorded from August 2026 onward, so older reports show the actual only.
implied (when recorded)actual reaction
Report-by-report record
| Report date | EPS act / est | Revenue act / est | Reaction | Implied | IV30 before → after |
|---|---|---|---|---|---|
| Jul 22, 2026 | 2.93 / 2.93 | 17.16B / 17.46B | -1.8% | not recorded | — |
| Apr 22, 2026 | 1.91 / 1.81 | 15.92B / 15.63B | -9.6% | not recorded | — |
| Jan 28, 2026 | 4.52 / 4.31 | 19.69B / 19.19B | +5.2% | not recorded | — |
| Oct 22, 2025 | 2.65 / 2.45 | 16.33B / 16.09B | +1.0% | not recorded | — |
| Jul 23, 2025 | 2.80 / 2.65 | 16.98B / 16.59B | -7.6% | not recorded | — |
| Apr 23, 2025 | 1.60 / 1.42 | 14.54B / 14.39B | -4.8% | not recorded | — |
| Jan 29, 2025 | 3.92 / 3.77 | 17.55B / 17.56B | +14.5% | not recorded | — |
| Oct 23, 2024 | 2.30 / 2.22 | 14.97B / 15.08B | -6.0% | not recorded | — |
| Jul 24, 2024 | 2.43 / 2.20 | 15.77B / 15.62B | +4.3% | not recorded | — |
| Apr 24, 2024 | 1.68 / 1.60 | 14.46B / 14.55B | -7.3% | not recorded | — |
| Jan 24, 2024 | 3.87 / 3.78 | 17.38B / 17.30B | +9.5% | not recorded | — |
| Oct 25, 2023 | 2.20 / 2.13 | 14.75B / 13.91B | +4.3% | not recorded | — |
| Jul 19, 2023 | 2.18 / 2.01 | 15.47B / 14.80B | +2.2% | not recorded | — |
| Apr 19, 2023 | 1.36 / 1.27 | 14.25B / 14.35B | -1.1% | not recorded | — |
| Jan 25, 2023 | 3.60 / 3.60 | 16.69B / 16.15B | -5.0% | not recorded | — |
| Oct 19, 2022 | 1.81 / 1.78 | 14.11B / 13.52B | +4.4% | not recorded | — |
Reaction = close before the report date to the close of the session after it (report timing is not published by the source; this two-session window contains the reaction either way). Implied moves are recorded live before each report from August 2026 onward — never reconstructed. Earnings data: Financial Modeling Prep.