Operating Expenses

SG&A

International Business Machines SG&A decreased by 6.8% to $5.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $4.89B to $5.09B. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 1.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.33B$4.86B$3.38B$4.60B$4.86B$4.39B$4.77B$4.85B$4.90B$4.46B$4.79B$4.97B$4.94B$4.91B$4.87B$4.89B$5.03B$4.75B$5.46B$5.09B
QoQ Change-8.9%-30.5%+36.1%+5.6%-9.6%+8.5%+1.8%+1.0%-9.0%+7.5%+3.8%-0.7%-0.5%-0.9%+0.4%+2.9%-5.6%+15.0%-6.8%
YoY Change-9.0%-9.7%+41.1%+5.6%+0.9%+1.5%+0.5%+2.5%+0.8%+10.2%+1.5%-1.8%+1.8%-3.3%+12.3%+4.2%
Range$3.38B$5.46B
CAGR-1.0%
Avg YoY Growth+3.7%
Median YoY Growth+1.5%

Frequently Asked Questions

What is International Business Machines's sg&a?
International Business Machines (IBM) reported sg&a of $5.09B in Q1 2026.
How has International Business Machines's sg&a changed year-over-year?
International Business Machines's sg&a increased by 4.2% year-over-year, from $4.89B to $5.09B.
What is the long-term trend for International Business Machines's sg&a?
Over 4 years (2021 to 2025), International Business Machines's sg&a has grown at a 1.8% compound annual growth rate (CAGR), from $18.75B to $20.12B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.