Skip to content
Screener

Variable Lease Income at other companies

International Business Machines logo
International Business MachinesIBM
$20M+66.7%
Baxter International logo
Baxter InternationalBAX
$7M0.0%
Xerox Holdings Corporation logo
Xerox Holdings CorporationXRX
$9M-10.0%
First Citizens BancShares logo
First Citizens BancSharesFCNCA
$14M-12.5%
SIL
SILASILA
$4.07M-2.3%
SkyWest logo
SkyWestSKYW
$9.27M+8.7%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$219.92B-6.4%
Enterprise value$286.41B+0.3%

Profitability

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

Returns & leverage

See full
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:VariableLeaseIncome.

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) / For the three months ended March 31:20262025
Sales-type lease selling price$170$70
Less: Carrying value of underlying assets (1)(49)(30)
Gross profit12241
Interest income on lease receivables6761
Total sales-type and direct financing lease income189101
Lease income — operating leases1311
Variable lease income2012
Total lease income$221$124

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's variable lease income?
International Business Machines (IBM) reported variable lease income of $20M in Q1 2026.
How has International Business Machines's variable lease income changed year-over-year?
International Business Machines's variable lease income increased by 66.7% year-over-year, from $12M to $20M.
What is the long-term trend for International Business Machines's variable lease income?
Over 4 years (2021 to 2025), International Business Machines's variable lease income has grown at a -11.4% compound annual growth rate (CAGR), from $120M to $74M.
What does variable lease income mean?
This metric represents lease income that is contingent upon usage, performance, or other variable factors rather than fixed periodic payments. It reflects the company's ability to capture upside from client usage patterns or performance-based service agreements. This is often tied to the intensity of equipment utilization by the customer.

Ask your AI about International Business Machines's variable lease income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude