Growth Metrics

International Business Machines (IBM) Cost of Revenue (2016 - 2026)

International Business Machines has reported Cost of Revenue over the past 18 years, most recently at $7.0 billion for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 7.04% year-over-year to $7.0 billion; the TTM value through Mar 2026 reached $28.7 billion, up 6.32%, while the annual FY2025 figure was $28.2 billion, 3.82% up from the prior year.
  • Cost of Revenue for Q1 2026 was $7.0 billion at International Business Machines, down from $7.8 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $7.8 billion in Q4 2025 and troughed at $6.5 billion in Q1 2025.
  • A 5-year average of $6.9 billion and a median of $7.0 billion in 2026 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: grew 13.82% in 2022 and later decreased 3.75% in 2023.
  • Year by year, Cost of Revenue stood at $7.1 billion in 2022, then rose by 0.79% to $7.1 billion in 2023, then changed by 0.0% to $7.1 billion in 2024, then rose by 9.05% to $7.8 billion in 2025, then decreased by 10.18% to $7.0 billion in 2026.
  • Business Quant data shows Cost of Revenue for IBM at $7.0 billion in Q1 2026, $7.8 billion in Q4 2025, and $7.0 billion in Q3 2025.