International Business Machines (IBM) Interest Expenses (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();