IBM Q1 2026 Earnings Beat: Revenue, EPS Surge — AI Momentum and 27th Dividend Hike Confirmed

# IBM Q1 2026 Earnings Beat: Revenue, EPS Surge — AI Momentum and 27th Dividend Hike Confirmed

> **Quick answer:** IBM beat Wall Street estimates for Q1 2026 on April 22, 2026, extending its streak to 13 consecutive quarterly EPS beats. The Software segment — fueled by watsonx AI growth — drove the outperformance, and IBM confirmed its 27th consecutive annual dividend increase, raising the quarterly payout to $1.6875 per share. Adjusted (non-GAAP) EPS for Q1 2026 came in ahead of the $1.81 consensus estimate.

IBM reported first-quarter 2026 earnings after the market close on April 22, continuing one of the most consistent beat streaks in large-cap tech. The IBM Q1 2026 earnings results showed Software strength, AI enterprise momentum, and a dividend hike that cements IBM's status as one of the few tech companies doubling as a dividend growth stock. Here is what investors, IBM employees, and tech sector watchers need to know.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

## IBM Q1 2026 Earnings: Key Numbers at a Glance

Wall Street entered the April 22 earnings call expecting IBM to deliver approximately **$15.63 billion in revenue** and **$1.81 in adjusted (non-GAAP) EPS** — a 13% year-over-year increase from Q1 2025's $1.60 adjusted EPS on $14.54 billion in revenue.