Operating Expenses
International Business Machines·Income Statement·15 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Selling, general and administrative | $4.9B | $4.9B | $4.9B | $4.9B | $5B | $4.7B | $5.5B | $5.1B |
| Research and development | $1.8B | $1.9B | $2B | $2B | $2.1B | $2.1B | $2.2B | $2.2B |
| Amortization of Capitalized Software and Acquired Intangibles | $607M | $705M | $589M | $641M | $687M | $699M | $710M | $719M |
| Share-Based Compensation (Operating) | $316M | $330M | $345M | $401M | $424M | $430M | $430M | $503M |
| Restructuring charges | $18M | $306M | $0 | $316M | $17M | $40M | $281M | $336M |
| Share-Based Compensation Expense, Net of Tax | $214M | $199M | $229M | $207M | $285M | $215M | $268M | $299M |
| Operating Lease ROU Asset Amortization | $200M | $300M | $200M | $200M | $200M | $200M | $300M | $200M |
| Defined Contribution Plan Cost | $110M | $110M | $110M | $115.3M | $115.3M | $115.3M | $115.3M | — |
| Finance Lease Cost | $57.3M | $57.3M | $57.3M | $82.8M | $82.8M | $82.8M | $82.8M | — |
| Operating Lease Cost | $254.5M | $254.5M | $254.5M | $256.8M | $256.8M | $256.8M | $256.8M | — |
| Taxes Excluding Income Taxes | $725M | $725M | $725M | $750M | $750M | $750M | $750M | — |
| Total Lease Cost | $384.3M | $384.3M | $384.3M | $409.8M | $409.8M | $409.8M | $409.8M | — |
| Occupancy and equipment | $254.5M | $254.5M | $254.5M | $256.8M | $256.8M | $256.8M | $256.8M | — |
| Other operating expenses | — | — | — | -$5.5M | -$5.5M | -$5.5M | -$5.5M | — |
| Selling and marketing | $293.3M | $293.3M | $293.3M | $282.3M | $282.3M | $282.3M | $282.3M | — |