IBM beats fourth-quarter revenue estimates as AI clamor boosts software demand

The IBM logo is displayed during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, January 20, 2026. REUTERS/Romina Amato

Jan 28 (Reuters) - IBM beat Wall Street ‌estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand ‌for its software services, ranging from managing vast amounts of data to automating IT processes.

Shares ‌of the company rose nearly 9% in extended trading.