Discontinued — last reported Q3 '16

Non-Current Liabilities

Long-Term Debt (Excluding Current Maturities)

International Business Machines Long-Term Debt (Excluding Current Maturities) decreased by 3.0% to $61.13B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $55.11B to $61.13B. Over 3 years (FY 2022 to FY 2025), Long-Term Debt (Excluding Current Maturities) shows an upward trend with a 5.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ2 2015
Last reportedQ3 2016

How to read this metric

A high level indicates significant long-term leverage, which requires careful management of interest expenses and refinancing risk.

Detailed definition

This metric captures the principal amount of debt obligations that are due beyond the next twelve months. It excludes th...

Peer comparison

Standardized across all industries; peers with similar credit ratings typically maintain comparable long-term debt levels.

Metric ID: long_term_debt_net_current

Historical Data

12 periods
 Q4 '22Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$51.75B$58.37B$56.24B$57.10B$60.01B$56.93B$56.69B$55.11B$63.37B$64.06B$63.00B$61.13B
QoQ Change+12.8%-3.6%+1.5%+5.1%-5.1%-0.4%-2.8%+15.0%+1.1%-1.7%-3.0%
YoY Change+10.3%-2.5%+0.8%-3.5%+5.6%+12.5%+11.1%+10.9%
Range$51.75B$64.06B
CAGR+6.2%
Avg YoY Growth+5.7%
Median YoY Growth+8.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is International Business Machines's long-term debt (excluding current maturities)?
International Business Machines (IBM) reported long-term debt (excluding current maturities) of $61.13B in Q4 2025.
How has International Business Machines's long-term debt (excluding current maturities) changed year-over-year?
International Business Machines's long-term debt (excluding current maturities) increased by 10.9% year-over-year, from $55.11B to $61.13B.
What is the long-term trend for International Business Machines's long-term debt (excluding current maturities)?
Over 3 years (2022 to 2025), International Business Machines's long-term debt (excluding current maturities) has grown at a 5.7% compound annual growth rate (CAGR), from $51.75B to $61.13B.
What does long-term debt (excluding current maturities) mean?
The total amount of debt that is not due for repayment within the next year.