International Business Machines (IBM) Cost of Revenue (2009 - 2026)

International Business Machines has reported Cost of Revenue for 18 years, with the latest figure at $7.3 billion in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 3.63% year-over-year to $7.3 billion in Q2 2026; TTM through Jun 2026 was $29.0 billion, a 6.54% increase from a year earlier, with the FY2025 full-year figure at $28.2 billion, up 3.82% from the prior year.
• Cost of Revenue was $7.3 billion for Q2 2026 at International Business Machines, up from $7.0 billion in the prior quarter.
• The five-year high for Cost of Revenue was $7.8 billion in Q4 2025, with the low at $6.5 billion in Q1 2025.
• Average Cost of Revenue over 5 years is $6.9 billion, with a median of $7.0 billion recorded in 2025.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue advanced 13.82% in 2022, then fell 3.75% in 2023.
• Over 5 years, Cost of Revenue stood at $7.1 billion in 2022, then increased by 0.79% to $7.1 billion in 2023, then changed by 0.0% to $7.1 billion in 2024, then advanced by 9.05% to $7.8 billion in 2025, then fell by 6.48% to $7.3 billion in 2026.
• The last three Cost of Revenue figures came in at $7.3 billion (Q2 2026), $7.0 billion (Q1 2026), and $7.8 billion (Q4 2025), per Business Quant data.