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IBM Earnings Date: Next ~late October · Last Move -3.2% vs ±6.9%

IBM reports Q2 2026 earnings on Wednesday, July 22, 2026, after the market close. Options priced ±8.0% going in — here’s the move history, beat rate and what it means for options.

EarningsWatcher Research 7 min read Data as of July 2026 · Education, not advice
Next report IBM's next earnings date is not confirmed yet; based on its quarterly cadence the next report is expected around late October 2026. This page updates the moment the date is confirmed. Last report (July 22, 2026): the stock moved -3.2% against a ±6.9% move options had priced in.
Earnings date IBM reported on July 22, 2026 (after market close). Options had priced a ±8.0% move going in. Same AMC cluster as TSLA and NOW.

IBM is a moderate-to-high earnings mover with a heating two-year regime (±9.5% vs ±7.0% decade) and a strong historical beat rate. Below is its earnings behaviour as of July 16, 2026.

IBM earnings at a glance

±7.0%
Avg move (10yr)
peak, day of release
±9.5%
Avg move (2yr)
regime: heating
±12.0%
95th-pct tail
outliers still possible

IBM’s decade average is about ±7.0%; the last two years average about ±9.5%. The 95th-percentile tail is about ±12.0%.

Does IBM beat its implied move?

IBM’s actual peak move has topped the implied in about 81% of recent reports (13 of 16) — one of the higher beat rates among mega-cap tech/hardware names.

~81%
Beat rate
actual > implied (13 of 16)
Between
avgs
Near-term pricing
live ~8.0% vs 7.0–9.5%
What this implies Options priced ±8.0% going in sits between the decade (±7.0%) and two-year (±9.5%) averages — with an ~81% beat-rate lean historically.

How IBM’s moves are distributed

0% 5% 10% 15% 10-yr avg ±7.0% ±2.8% 5th ±4.5% 20th ±6.7% median ±9.5% 80th ±12.0% 95th
The spread of IBM’s earnings-day peak moves. Median ~±6.7%; 95th-percentile ~±12.0%.

The distribution is moderate with a heating upper half: most prints stay under ±9.5%, but recent quarters have clustered hotter.

Recent IBM earnings

April 2026 peaked near −12.0% vs ~±8.3% implied. January 2026 peaked near +8.8% vs ~±6.5% implied — both beats.

See the full history The complete report-by-report record — every past implied vs actual move, open/peak/close behaviour and post-earnings drift, plus the live implied move as the next date approaches — lives in the EarningsWatcher app.

IV rush and IV crush on IBM

Implied volatility builds into the report (the IV rush) and collapses afterward (the IV crush).

What IBM’s earnings data means for options

These figures are a reference point, not a signal. Compare the live implied in the EarningsWatcher app.

On the “next” implied move IBM reported July 22, 2026 (after market close). Options priced a ±8.0% move into this report.
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Frequently asked questions

When is IBM earnings date in July 2026?

IBM reported Q2 2026 results on Wednesday, July 22, 2026, after the market close (AMC).

What is IBM's implied move for earnings July 22, 2026?

Options priced a plus or minus 8.0% move into the July 22, 2026 report. The realised move is published once the following full session completes. — between the plus or minus 7.0% decade average and the plus or minus 9.5% two-year average.

How much does IBM move on earnings?

Over the last 10 years, IBM's average earnings-day peak move was about plus or minus 7.0%, with the last two years averaging about plus or minus 9.5%. The 95th-percentile move is about plus or minus 12.0%.

Does IBM usually beat its implied move?

Often. IBM's actual peak move has topped its options-implied move in about 81% of recent reports (roughly 13 of 16).

See IBM’s live earnings data

Get IBM’s July 22 report date, live implied move and full move history.

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