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Earnings Beat Overshadowed by Growth Concerns IBM delivered what appeared to be a stellar third-quarter earnings report, yet investors reacted…
IBM’s generative AI business has surged to $9.5 billion, driving significant growth across all major divisions. The company reported 9% revenue growth and raised its full-year 2025 outlook amid accelerating AI adoption and hybrid cloud demand.
IBM has reported substantial third-quarter growth across its entire portfolio, with artificial intelligence emerging as a key driver of demand for software, consulting, and hardware offerings, according to the company’s latest earnings report. The technology giant revealed that its generative AI book of business has reached approximately $9.5 billion, representing a significant increase from the $7.5 billion reported in the previous quarter.
IBM reported stronger-than-expected third-quarter earnings and lifted its full-year revenue forecast, citing significant contributions from artificial intelligence services. However, the company’s stock experienced a downturn in extended trading, contrasting with the upbeat financial performance. AI-related business reportedly surged to over $9.5 billion, highlighting growing enterprise adoption.
International Business Machines (IBM) reportedly exceeded Wall Street expectations for the third quarter, according to financial analyses released Tuesday. The technology giant posted revenue growth of 9% year-over-year, reaching approximately $15 billion, while swinging to a profit of $1.74 billion after a loss in the same period last year. Sources indicate that last year’s results were affected by a substantial pension settlement charge of $2.7 billion.
