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International Business Machines (IBM) Operating Expenses (2016 - 2025)

International Business Machines (IBM) has 17 years of Operating Expenses data on record, last reported at $7.6 billion in Q4 2025.

  • For Q4 2025, Operating Expenses rose 11.97% year-over-year to $7.6 billion; the TTM value through Dec 2025 reached $28.4 billion, up 4.68%, while the annual FY2025 figure was $28.4 billion, 4.68% up from the prior year.
  • Operating Expenses reached $7.6 billion in Q4 2025 per IBM's latest filing, up from $6.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $7.6 billion in Q4 2025 and bottomed at $5.9 billion in Q3 2021.
  • Average Operating Expenses over 5 years is $6.6 billion, with a median of $6.5 billion recorded in 2022.
  • Peak YoY movement for Operating Expenses: decreased 16.83% in 2021, then increased 11.97% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $6.5 billion in 2021, then fell by 1.74% to $6.4 billion in 2022, then grew by 2.65% to $6.5 billion in 2023, then increased by 4.47% to $6.8 billion in 2024, then increased by 11.97% to $7.6 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $7.6 billion in Q4 2025, $6.8 billion in Q3 2025, and $7.1 billion in Q2 2025.