Growth Metrics

International Business Machines (IBM) Cost of Revenue (2016 - 2025)

International Business Machines (IBM) has 17 years of Cost of Revenue data on record, last reported at $7.8 billion in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 9.05% year-over-year to $7.8 billion; the TTM value through Dec 2025 reached $28.2 billion, up 3.82%, while the annual FY2025 figure was $28.2 billion, 3.82% up from the prior year.
  • Cost of Revenue reached $7.8 billion in Q4 2025 per IBM's latest filing, up from $7.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $7.8 billion in Q4 2025 and bottomed at $6.1 billion in Q3 2021.
  • Average Cost of Revenue over 5 years is $6.8 billion, with a median of $6.8 billion recorded in 2022.
  • The widest YoY moves for Cost of Revenue: up 285.06% in 2021, down 36.16% in 2021.
  • A 5-year view of Cost of Revenue shows it stood at $7.2 billion in 2021, then dropped by 1.9% to $7.1 billion in 2022, then grew by 0.79% to $7.1 billion in 2023, then changed by 0.0% to $7.1 billion in 2024, then grew by 9.05% to $7.8 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $7.8 billion in Q4 2025, $7.0 billion in Q3 2025, and $7.0 billion in Q2 2025.