IBM sees Q4 revenue up double digits

Sees accelerated growth profile heading into 2026. Says comfortable with consensus estimates for constant currency revenue growth and profitability. Says AI adoption is accelerating and hybrid cloud remains the foundation of enterprise. Says on a path to demonstrate the first error corrected quantum computer by 2028 and continue to deliver key milestones in our quantum roadmap. Says embracing AI disruption and leading with the software driven services delivery model. Says consulting generative AI Book of Business accelerated to over $1.5B in the quarter, with the number of projects more than doubling year to year. Comments and guidance taken from Q3 earnings conference call.