MAAT INDEX

CLAIM #31328 · IBM (IBM) · 2025Q3 earnings call · Oct 22, 2025 · due Dec 31, 2025

Low teen growth for the year, nice composition of where that acceleration is. But the most important thing, we're well positioned 2026.

James J. Kavanaugh · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

ens already on bookings. And when you look at that six, nine, twelve-month revenue under contract, we're accelerating that growth as we go into '26. That gives us confidence in that acceleration comment that Arvind talked about and I talked about as qualitative statements about confidence in '26. And when you look at fourth quarter, let's put this in perspective. We're gonna accelerate Red Hat growth in '25. It's gonna be a nice acceleration on the subs and we got about a two-point headwind on consumption-based services. We knew about that. Because last year, we grew consumption-based services high teens. And when you look at fourth quarter, we're gonna wrap on that. We've known about that all year long. So when we look at fourth quarter, double-digit solid double-digit growth in Red Hat. Low teen growth for the year, nice composition of where that acceleration is. But the most important thing, we're well positioned 2026. So with that, I'll turn it back over to Arvind to close out the call. Thanks, Jim. Arvind Krishna: Look. To close out, we are pleased with our performance this quarter. All of our segments accelerated sequentially, our portfolio strength business model and relentless focus on productivity reinforce our confidence in the trajectory. I look forward to sharing our progress as we close out the year. Olympia McNerney: Thank you, Arvind. Operator, let me turn it back to you to close out the call. Operator: Thank you for participating on today's call. The conference has now ended. You may disconnect at this time.

Verify independently

SEC filings for IBM · Claim quote is verbatim from the 2025Q3 earnings call.