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Economic Times Tech
Economic Times Tech
7/14/2026
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI

IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI

Short summary

IBM expects preliminary Q2 revenue of $17.2 billion, below the analyst consensus of $17.86 billion compiled by LSEG. The shortfall is attributed to enterprise spending shifting toward AI-related investments. This signals potential near-term revenue pressure on legacy tech providers as clients reallocate budgets.

  • •IBM preliminary Q2 revenue at $17.2B vs $17.86B analyst estimate
  • •Revenue miss linked to enterprise spending shifting to AI
  • •Signals near-term budget reallocation pressure on legacy tech firms

Generated with AI, which can make mistakes.

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