International Business Machines IBM
NYSE IBM
$222.62 -3.05 (-1.35%)
At close: Oct 2, 2026 · 4:00 PM EDT

International Business Machines (IBM) Interest Expenses (2009 - 2026)

Updated

International Business Machines' Interest Expenses came in at $486 million for Q2 2026, down 4.7% from $510 million a year earlier but up 2.7% from the prior quarter.

Analysis

International Business Machines (IBM) Interest Expenses (2009 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, International Business Machines reported Interest Expenses of $1.93 billion, up 6.1% year-over-year; for FY2025, it was $1.94 billion, up 13.0% from FY2024.

  • Interest Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
  • Going back by year, Interest Expenses was $1.71 billion in FY2024 (+6.5%), $1.61 billion in FY2023 (+32.2%), $1.22 billion in FY2022 (+5.3%) and $1.16 billion in FY2021 (-10.3%).
  • The five-year range for quarterly Interest Expenses is $290 million (Q3 2021) to $510 million (Q2 2025).
  • Year-over-year, Interest Expenses increased in seven of the last eight quarters, with growth averaging 7.5%.
  • The fastest year-over-year change in Interest Expenses over five years came in Q2 2023 (growth of 42.4%), and the weakest in Q3 2021 (a decline of 10.2%).
  • Business Quant data shows IBM's Interest Expenses at $473 million (Q1 2026), $478 million (Q4 2025) and $492 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Microsoft 3,843.70 Bn 3,766.85 Bn 60.48 Bn 839.00 Mn
2 International Business Machines 209.74 Bn 160.64 Bn 9.91 Bn 486.00 Mn
3 Cloudflare 112.41 Bn 95.94 Bn 499.52 Mn 3.09 Mn
4 Equinix 101.21 Bn 89.76 Bn 1.40 Bn 151.00 Mn
5 Nebius 61.44 Bn 34.87 Bn 448.70 Mn -119.10 Mn
6 CoreWeave 49.38 Bn 36.47 Bn 1.70 Bn -
7 Verisign 26.06 Bn 23.28 Bn 384.60 Mn 19.20 Mn
8 Nutanix 19.56 Bn 11.24 Bn 651.35 Mn -
9 Akamai Technologies 15.64 Bn 9.05 Bn 613.75 Mn 9.08 Mn
10 DigitalOcean Holdings 14.71 Bn 12.71 Bn 154.66 Mn 7.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 486.00 Mn
Mar 31, 2026 473.00 Mn
Dec 31, 2025 478.00 Mn
Sep 30, 2025 492.00 Mn
Jun 30, 2025 510.00 Mn
Mar 31, 2025 455.00 Mn
Dec 31, 2024 424.00 Mn
Sep 30, 2024 429.00 Mn
Jun 30, 2024 427.00 Mn
Mar 31, 2024 432.00 Mn
Dec 31, 2023 405.00 Mn
Sep 30, 2023 412.00 Mn
Jun 30, 2023 423.00 Mn
Mar 31, 2023 367.00 Mn
Dec 31, 2022 313.00 Mn
Sep 30, 2022 295.00 Mn
Jun 30, 2022 297.00 Mn
Mar 31, 2022 311.00 Mn
Dec 31, 2021 303.00 Mn
Sep 30, 2021 290.00 Mn
API Access

International Business Machines Interest Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=interest-expenses&ticker=IBM&period=max&api_key=YOUR_API_KEY