International Business Machines Corporation (IBM) Q4 2025 Earnings Call January 28, 2026 5:00 PM EST
Company Participants
Olympia McNerney – Global Head of Investor Relations
Arvind Krishna – CEO, President & Chairman
James Kavanaugh – CFO & Senior VP
Conference Call Participants
Brent Thill – Jefferies LLC, Research Division
Amit Daryanani – Evercore ISI Institutional Equities, Research Division
Benjamin Reitzes – Melius Research LLC
Wamsi Mohan – BofA Securities, Research Division
James Schneider – Goldman Sachs Group, Inc., Research Division
Erik Woodring – Morgan Stanley, Research Division
Matthew Swanson – RBC Capital Markets, Research Division
Presentation
Operator
Welcome, and thank you for standing by. [Operator Instructions] Today’s conference is being recorded. If you have any objections, you may disconnect at this time. Now I will turn the meeting over to Olympia McNerney, IBM’s Global Head of Investor Relations. Olympia, you may begin.
Olympia McNerney
Global Head of Investor Relations
Thank you. I’d like to welcome you to IBM’s Fourth Quarter 2025 Earnings Presentation. I’m Olympia McNerney, and I’m here today with Arvind Krishna, IBM’s Chairman, President and Chief Executive Officer; and Jim Kavanaugh, IBM’s Senior Vice President and Chief Financial Officer. We’ll post today’s prepared remarks with a replay of today’s webcast on the IBM investor website within a couple of hours. The earnings presentation is already available.
To provide additional information to our investors, our presentation includes certain non-GAAP measures. For example, all of our references to revenue and signings growth are at constant currency. We provided reconciliation charts for these and other non-GAAP financial measures at the end of our presentation, which is posted to our investor website.
Finally, some comments made in this presentation may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. These statements involve factors that could cause our actual results to differ materially. Additional information about these factors is
