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CLAIM #31238 · IBM (IBM) · 2024Q4 earnings call · Jan 29, 2025 · due Dec 31, 2025

That CapEx number is going to go up a couple of hundred million dollars as we invest in our Software, our GenAI, our next-generation mainframe, et cetera, quantum, by the way, we continue to invest in.

James J. Kavanaugh · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

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SEC filings for IBM · Claim quote is verbatim from the 2024Q4 earnings call.