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International Business Machines IBM Operating Lease Liabilities

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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$219.92B-6.4%
Enterprise value$286.41B+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:OperatingLeaseLiabilityNoncurrent.

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
($ and shares in millions, except per share amount)At March 31, 2026At December 31, 2025
Long-term debt57,70654,836
Retirement and nonpension postretirement benefit obligations8,7639,018
Deferred income4,1954,271
Operating lease liabilities2,6432,547
Other liabilities9,7679,810
Total liabilities$123,174$119,139
Equity:
IBM stockholders’ equity:

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's operating lease liabilities?
International Business Machines (IBM) reported operating lease liabilities of $2.64B in Q1 2026.
How has International Business Machines's operating lease liabilities changed year-over-year?
International Business Machines's operating lease liabilities decreased by 4.0% year-over-year, from $2.75B to $2.64B.
What is the long-term trend for International Business Machines's operating lease liabilities?
Over 5 years (2020 to 2025), International Business Machines's operating lease liabilities has grown at a -1.3% compound annual growth rate (CAGR), from $2.72B to $2.55B.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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