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
IBM’s decade average is about ±7.1%; 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 75% of recent reports (12 of 16) — one of the higher beat rates among mega-cap tech/hardware names.
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How IBM’s moves are distributed
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.
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.
- According to EarningsWatcher data, options price a ±7.5% move for IBM's October 21, 2026 earnings report (as of October 14, 2026).
- IBM has averaged a ±7.1% earnings-day move across its last 40 reports (10-year history, per EarningsWatcher).
- IBM's actual earnings move exceeded the options-implied move in 75% of those reports.
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 6.9% move into the July 22, 2026 report — close to the plus or minus 7.0% decade average and below the plus or minus 9.5% two-year average. The stock then moved down 3.2% at its intraday peak and finished up 0.4% at the close.
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 75% of recent reports (roughly 12 of 16).