International Business Machines (IBM) Research & Development (2009 - 2026)
International Business Machines (IBM) posted quarterly Research & Development of $2.3 billion for Q2 2026, up 10.21% year-on-year from $2.1 billion in Q2 2025, and up 6.35% on a QoQ basis from $2.2 billion in Q1 2026.
International Business Machines (IBM) Research & Development (2009 - 2026) Analysis & Trends
International Business Machines (IBM) has reported Research & Development for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- Quarterly Research & Development rose 10.21% year-over-year to $2.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.8 billion (up 10.94% YoY) and the FY2025 annual result came in at $8.3 billion, up 11.19% from the prior year.
- Research & Development grew to $2.3 billion in Q2 2026 per IBM's latest filing, from $2.2 billion in the prior quarter.
- Over the last five years, Research & Development for IBM reached as high as $2.3 billion in Q2 2026 and fell as low as $1.6 billion in Q4 2022.
- A 5-year average of $1.9 billion and a median of $1.8 billion in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development decreased 1.43% — and 2025, when it gained 13.97%.
- Year by year, Research & Development stood at $1.6 billion in 2022, then increased by 8.98% to $1.7 billion in 2023, then climbed by 12.53% to $2.0 billion in 2024, then grew by 11.18% to $2.2 billion in 2025, then climbed by 5.67% to $2.3 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.3 billion, $2.2 billion, and $2.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 2.31 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 1.81 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -1.39 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 270.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | - |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | - |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -174.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | - |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.31 Bn |
| Mar 31, 2026 | 2.17 Bn |
| Dec 31, 2025 | 2.19 Bn |
| Sep 30, 2025 | 2.08 Bn |
| Jun 30, 2025 | 2.10 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Sep 30, 2024 | 1.88 Bn |
| Jun 30, 2024 | 1.84 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.75 Bn |
| Sep 30, 2023 | 1.69 Bn |
| Jun 30, 2023 | 1.69 Bn |
| Mar 31, 2023 | 1.66 Bn |
| Dec 31, 2022 | 1.60 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.67 Bn |
| Mar 31, 2022 | 1.68 Bn |
| Dec 31, 2021 | 1.63 Bn |
| Sep 30, 2021 | 1.61 Bn |