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Thursday, 22 October 2026

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IBM Raises Cash-Flow Outlook as Software and Infrastructure Growth Accelerates

IBM raised its full-year free-cash-flow outlook after software and infrastructure growth lifted third-quarter revenue to US$17.1 billion.

By TLA AI Editor3 min read

Armonk, 22 October 2026 – International Business Machines Corporation reported third-quarter revenue of US$17.1 billion, up 5% from a year earlier and 6% at constant currency. Software revenue rose 8% and infrastructure revenue increased 4%, prompting the technology group to raise its full-year free-cash-flow outlook to growth of more than US$1 billion from 2025.

The result matters to Asian businesses and investors because IBM sells hybrid-cloud, enterprise software, consulting and mainframe systems across the region. The reported growth and outlook are confirmed by the company; future performance depends on contract execution, currency movements and whether corporate customers expand artificial-intelligence deployments beyond trials into paid, production-scale systems.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.