Net Interest Excluding Financing Segment
International Business Machines Net Interest Excluding Financing Segment increased by 5.8% to -$338M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.5%, from -$265M to -$338M. Over 3 years (FY 2022 to FY 2025), Net Interest Excluding Financing Segment shows a downward trend with a 7.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A lower net interest expense indicates a stronger balance sheet and lower debt service burden for the core business.
Detailed definition
This metric isolates the net interest income or expense of the core operating business by stripping out the interest res...
Peer comparison
Relevant for companies with large captive finance subsidiaries that distort core interest metrics.
ibm_net_interest_excluding_financingHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$267.75M | -$267.75M | -$267.75M | -$267.75M | -$217M | -$225M | -$262M | -$269M | -$223M | -$218M | -$265M | -$278M | -$265M | -$343M | -$345M | -$359M | -$338M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +19.0% | -3.7% | -16.4% | -2.7% | +17.1% | +2.2% | -21.6% | -4.9% | +4.7% | -29.4% | -0.6% | -4.1% | +5.8% |
| YoY Change | — | — | — | — | +19.0% | +16.0% | +2.1% | -0.5% | -2.8% | +3.1% | -1.1% | -3.3% | -18.8% | -57.3% | -30.2% | -29.1% | -27.5% |
Net Interest Excluding Financing Segment at Other Companies
Frequently Asked Questions
- What is International Business Machines's net interest excluding financing segment?
- International Business Machines (IBM) reported net interest excluding financing segment of -$338M in Q1 2026.
- How has International Business Machines's net interest excluding financing segment changed year-over-year?
- International Business Machines's net interest excluding financing segment decreased by 27.5% year-over-year, from -$265M to -$338M.
- What is the long-term trend for International Business Machines's net interest excluding financing segment?
- Over 3 years (2022 to 2025), International Business Machines's net interest excluding financing segment has grown at a 7.0% compound annual growth rate (CAGR), from -$1.07B to -$1.31B.
- What does net interest excluding financing segment mean?
- The net interest cost of the core business, excluding the impact of the company's financing division.