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International Business Machines IBM Consulting — Interest Expense

Other segment segments

Financing
$90M
Infrastructure
$0
Software
$0

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Other financials

Income statement

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Revenue$15.9B+9.5%
Gross profit$9.9B-0.7%
Net income$1.2B+15.3%
EPS (diluted)$2.27-1.7%

Balance sheet

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Cash & equivalents$10.9B-2.7%
Total debt$77.4B+4.9%
Total equity$33.0B+22.7%
Total assets$156.23B+7.3%

Cash flow

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Operating cash flow$2.6B+52.7%
CapEx-$975.0M-564%
Free cash flow$1.6B+8.8%

Valuation

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Market cap$222.27B-5.4%
Enterprise value$288.76B+0.3%

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp
FCF margin18.7%-1.3pp

Returns & leverage

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Return on equity35.9%+14.1pp
Debt / equity2.3×-0.4×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by International Business Machines in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The source filing: International Business Machines’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000051143-26-000038
($ in millions, except per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Research and development2,1731,950
Intellectual property and custom development income(172)(253)
Other (income) and expense(1)(165)
Interest expense473455
Total expense and other (income)7,5626,873
Income from continuing operations before income taxes1,3871,158
Provision for/(benefit from) income taxes172103
Income from continuing operations1,2161,054

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's consulting — interest expense?
International Business Machines (IBM) reported consulting — interest expense of $0 in Q1 2026.
What does consulting — interest expense mean?
This metric represents the interest costs associated with debt or financing arrangements specifically attributed to the consulting segment. It highlights the cost of capital required to support the segment's operations or acquisitions.

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