United States tech giant IBM shares plunge 25 percent
PUBLISHED Jul 15, 2026, 11:57 AM ET
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United States–based International Business Machines Corporation saw its shares drop by more than 24 percent on Tuesday, July 14, 2026, after releasing preliminary second-quarter results that significantly missed Wall Street expectations. The company reported revenue of $17.2 billion, up just 1 percent year over year, with its Software division growing only 5 percent, far below management’s previously projected double-digit pace. The Infrastructure segment also performed far worse than executives had indicated earlier in the year. The sharp divergence from prior guidance prompted a historic single-day sell-off and triggered a formal securities investigation into whether IBM leadership misled investors about business conditions.
By Sarah Whitman | JQJO News
Timeline of Events
- April 2026 IBM executives project strong year
- April 2026 CFO highlights double-digit software growth
- April 2026 Management guides modest infrastructure decline
- July 14 2026 IBM issues preliminary Q2 results
- July 14 2026 Revenue reported at 17.2 billion
- July 14 2026 Software division grows only five percent
- July 14 2026 Infrastructure segment underperforms prior guidance
- July 14 2026 Regulators open formal securities investigation
News Intelligence
- IBM's stock plunge could impact your investments. If you own IBM shares, you've likely seen a drop in your portfolio's value. Even if you don't, such a significant fall can affect the overall market mood. Check your investments and consider talking to a financial advisor.
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