# Sales at IBM's infrastructure business grew by 15% from last year to $3.33 billion, ahead of expectations.

*business · news · 2026-04-22 · CNBC TV18*

## Key points

- IBM's infrastructure business sales rose 15% to $3.33 billion, beating analyst expectations.
- IBM CFO stated software growth tied to generative AI will add two percentage points in 2024.
- IBM's consulting revenue grew 4% to $5.27 billion, its highest growth since 2023.
- Despite meeting software revenue expectations, IBM shares fell 7% in after-hours trading.

**Companies:** International Business Machines Corp. (IBM)

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/ibm-q1-results-software-consulting-infra-business-2026-guidance-maintained-share-price-fall-19891584.htm)

---

Canonical: https://newsio.io/n/52a4f2e4-04d4-4bb8-8a8d-56298700d749/sales-at-ibms-infrastructure-business-grew-by-15-from-last-year-to-3-33-billion
Summarized by Newsio from CNBC TV18. https://newsio.io/how-it-works