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

International Business Machines (IBM) has reported Cost of Revenue for 18 consecutive years, with $7.3 billion the latest figure, recorded in Q2 2026.

• Quarterly Cost of Revenue rose 3.63% year-over-year to $7.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.0 billion (up 6.54% YoY) and the FY2025 annual result came in at $28.2 billion, up 3.82% from the prior year.
• Cost of Revenue rose to $7.3 billion in Q2 2026 per IBM's latest filing, from $7.0 billion in the prior quarter.
• Over the last five years, Cost of Revenue for IBM reached as high as $7.8 billion in Q4 2025 and fell as low as $6.5 billion in Q1 2025.
• A 5-year average of $6.9 billion and a median of $7.0 billion in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue advanced 13.82% — and 2023, when it fell 3.75%.
• 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 climbed by 9.05% to $7.8 billion in 2025, then retreated by 6.48% to $7.3 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $7.3 billion, $7.0 billion, and $7.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.