TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 21, 6:10 PM EST
Polymarket
This market will resolve to "Yes" if International Business Machines' software revenue for the upcoming third fiscal quarter, as reported in its official company earnings materials, is above the listed amount. Otherwise, this market will resolve to "No". The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered. If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to "No". If the specified company does not release quarterly earnings materials for the specified quarter by November 30, 2026, 11:59 PM ET, this market will resolve to "No". If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market. The resolution source for this market is the specified company's official company earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used. Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.
This market will resolve to "Yes" if International Business Machines' software revenue for the upcoming third fiscal quarter, as reported in its official company earnings materials, is above the listed amount. Otherwise, this market will resolve to "No". The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered. If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to "No". If the specified company does not release quarterly earnings materials for the specified quarter by November 30, 2026, 11:59 PM ET, this market will resolve to "No". If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market. The resolution source for this market is the specified company's official company earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used. Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.
Currently, this market reflects a collective prediction about IBM’s Q3 software revenue. It’s interesting to compare these odds with traditional analyst forecasts, which often provide a range of potential outcomes. If analysts are largely predicting a specific revenue figure, we might see the market odds align accordingly. However, prediction markets can sometimes incorporate information that isn’t immediately reflected in analyst reports, such as subtle signals from industry insiders or early indicators of sales performance. Discrepancies between this market and analyst expectations can be insightful.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief about whether IBM’s Q3 software revenue will be above the specified threshold. The price of these shares directly reflects the probability of that outcome, as perceived by the market participants. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price fluctuates based on supply and demand, meaning that as more traders believe IBM will exceed the target, the price of 'yes' shares will increase, and vice versa. This dynamic pricing ensures the market reflects the most up-to-date collective intelligence.
This market resolves around Oct 21, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the final reported Q3 software revenue figure for International Business Machines will be compared against the target revenue amount. The market will settle based on whether the reported revenue exceeds that target, as officially announced by IBM in their earnings release. Traders should monitor official IBM communications for the definitive settlement information, as this will determine the payout of shares in this market.
Several signals or events could significantly impact this market before it resolves. Any news regarding IBM’s software sales performance, such as preliminary earnings reports or announcements of major deals, would likely cause price fluctuations. Broader economic indicators, particularly those related to enterprise spending and the technology sector, could also influence trader sentiment. Additionally, any significant changes in analyst ratings or forecasts for IBM could move this market. Unexpected announcements about IBM’s strategic direction or competitive landscape could also play a role in shifting the odds.