Did IBM release exact figures?

No, IBM only preannounced that results would miss expectations; exact figures have not been released yet.

IBM Q2 Earnings Miss Sends Software Stocks Tumbling

Q: Which companies were affected?

Shares of IBM (IBM), Microsoft (MSFT), Salesforce (CRM), ServiceNow (NOW), and Palantir (PLTR) were affected.

IBM (IBM) preannounced Q2 2025 financial results below analyst expectations, causing its stock to plunge and dragging down shares of other software and IT services companies like Microsoft (MSFT), Salesforce (CRM), ServiceNow (NOW), and Palantir (PLTR).

July 14, 2026

2 min read

Source: Investor's Business Daily

IBM (IBM) preannounced weaker-than-expected financial results for the second quarter of 2025, sending its stock sharply lower and triggering a broad sell-off in software and IT services stocks. According to Investor's Business Daily, shares of Microsoft (MSFT), Salesforce (CRM), ServiceNow (NOW), and Palantir (PLTR) also declined in sympathy.

Key Financial Results

IBM did not disclose exact figures yet, but the preannouncement indicated that revenue and earnings fell short of consensus estimates. Full results are expected later.

Highlights from the Statement

IBM cited weak demand for its consulting services and enterprise software solutions as the primary reason for the miss.

Future Guidance

The company did not provide updated guidance, but analysts anticipate downward revisions for the coming quarters.

Impact on the Stock

IBM's stock dropped significantly in after-hours trading, eroding investor confidence across the software sector.

What This Means for Investors

This preannouncement suggests potential headwinds for the software industry, particularly in consulting and enterprise services. Investors should watch upcoming earnings from peers to gauge the breadth of the slowdown.

Frequently Asked Questions

Software stocks fell after IBM preannounced weaker-than-expected Q2 results, raising concerns about weak demand in the sector.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.