International Business Machines IBM Short-term Lease Cost

Questions, answered.

What does short-term lease cost mean?

Reflects the expense recognized for leases with a term of 12 months or less, which are typically excluded from the balance sheet as right-of-use assets. This metric highlights the company's reliance on flexible, short-term rental arrangements for equipment or temporary space. It provides insight into the company's ability to scale operations quickly without long-term capital commitments.