美股异动｜IBM盘前涨近8%，Q4业绩超预期，AI订单额突破125亿美元

Core Viewpoint - IBM's Q4 2025 earnings report shows strong performance with revenue and net profit exceeding analyst expectations, leading to a nearly 8% pre-market stock increase [1] Financial Performance - Revenue for Q4 2025 increased by 12% year-over-year to $19.69 billion, surpassing analyst expectations of $19.2 billion [1] - Net profit rose by 92% year-over-year to $5.6 billion, with adjusted earnings per share at $4.52, exceeding market expectations of $4.32 [1] - Software business revenue grew by 14% year-over-year to $9.03 billion, also above expectations [1] Future Outlook - IBM anticipates revenue growth exceeding 5% for the current year, higher than the analyst forecast of 4.6% [1] - Free cash flow is expected to increase by $1 billion, reaching $15.7 billion [1] - The company’s generative AI business has accumulated orders exceeding $12.5 billion [1] - IBM aims to launch its first large quantum computer by 2029 [1]