INTERNATIONAL BUSINESS MACHINES CORP (IBM) Spending and interest coverage
- R&D / revenue · 12 months: Value 12.67%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 2.72%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Operating income ÷ reported interest expense..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 12.67% | Research and development expense / revenue. Period ending 2026-06-30. $8.75B ÷ $69.09B × 100 ≈ 12.67% |
| Stock-based compensation / revenue · 12 months | 2.72% | Share-based compensation / revenue. Period ending 2026-06-30. $1.88B ÷ $69.09B × 100 ≈ 2.72% |
| Interest coverage · 12 months | (m) | Operating income ÷ reported interest expense. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 8.75B USD | Research and Development Expense |
| Revenue | 69.09B USD | |
| Stock-based compensation | 1.88B USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | (m) | |
| Interest expense · reported / estimated | 1.93B USD | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: Reported. Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $8.75B | $69.09B | $1.88B | (m) | $1.93B | 12.67% | 2.72% | (m) | Reported |
| 2026-03-31 | $8.54B | $68.91B | $1.82B | (m) | $1.95B | 12.39% | 2.64% | (m) | Reported |
| 2025-12-31 | $8.32B | $67.53B | $1.72B | (m) | $1.94B | 12.31% | 2.54% | (m) | Reported |
| 2025-09-30 | $8.10B | $65.40B | $1.63B | (m) | $1.88B | 12.38% | 2.49% | (m) | Reported |
| 2025-06-30 | $7.89B | $64.04B | $1.52B | (m) | $1.82B | 12.32% | 2.37% | (m) | Reported |
| 2025-03-31 | $7.63B | $62.83B | $1.39B | (m) | $1.74B | 12.15% | 2.22% | (m) | Reported |
| 2024-12-31 | $7.48B | $62.75B | $1.31B | (m) | $1.71B | 11.92% | 2.09% | (m) | Reported |
| 2024-09-30 | $7.26B | $62.58B | $1.26B | (m) | $1.69B | 11.60% | 2.01% | (m) | Reported |
| 2024-06-30 | $7.07B | $62.36B | $1.21B | (m) | $1.68B | 11.34% | 1.95% | (m) | Reported |
| 2024-03-31 | $6.92B | $62.07B | $1.19B | (m) | $1.67B | 11.14% | 1.91% | (m) | Reported |
| 2023-12-31 | $6.78B | $61.86B | $1.13B | (m) | $1.61B | 10.95% | 1.83% | (m) | Reported |
| 2023-09-30 | $6.63B | $61.17B | $1.09B | (m) | $1.51B | 10.84% | 1.78% | (m) | Reported |
| 2023-06-30 | $6.56B | $60.52B | $1.05B | (m) | $1.40B | 10.83% | 1.74% | (m) | Reported |
| 2023-03-31 | $6.54B | $60.59B | $1.02B | (m) | $1.27B | 10.80% | 1.69% | (m) | Reported |
| 2022-12-31 | $6.57B | $60.53B | $987.00M | (m) | $1.22B | 10.85% | 1.63% | (m) | Reported |
| 2022-09-30 | $6.59B | $60.53B | $1.00B | (m) | $1.21B | 10.88% | 1.66% | (m) | Reported |
| 2022-06-30 | $6.58B | $59.68B | $1.01B | (m) | $1.20B | 11.03% | 1.70% | (m) | Reported |
| 2022-03-31 | $6.55B | $58.36B | $1.00B | (m) | $1.19B | 11.23% | 1.72% | (m) | Reported |
| 2021-12-31 | $6.49B | $57.35B | $982.00M | (m) | $1.16B | 11.31% | 1.71% | (m) | Reported |
| 2021-09-30 | $6.52B | $74.46B | $998.00M | (m) | $1.17B | 8.75% | 1.34% | (m) | Reported |
| 2021-06-30 | $6.41B | $74.40B | $958.00M | (m) | $1.20B | 8.62% | 1.29% | (m) | Reported |
| 2021-03-31 | $6.34B | $73.78B | $961.00M | (m) | $1.24B | 8.59% | 1.30% | (m) | Reported |
| 2020-12-31 | $6.33B | $73.62B | $937.00M | (m) | $1.29B | 8.60% | 1.27% | (m) | Reported |
| 2020-09-30 | $6.32B | $74.88B | $869.00M | (m) | $1.32B | 8.44% | 1.16% | (m) | Reported |
| 2020-06-30 | $6.36B | $75.35B | $867.00M | (m) | $1.44B | 8.44% | 1.15% | (m) | Reported |
| 2020-03-31 | $6.18B | $76.39B | $755.00M | (m) | $1.46B | 8.09% | 0.99% | (m) | Reported |
| 2019-12-31 | $5.99B | $77.15B | $679.00M | (m) | $1.34B | 7.76% | 0.88% | (m) | Reported |
| 2019-09-30 | $5.75B | $77.13B | $607.00M | (m) | $1.18B | 7.46% | 0.79% | (m) | Reported |
| 2019-06-30 | $5.45B | $77.86B | $516.00M | (m) | $943.00M | 7.00% | 0.66% | (m) | Reported |
| 2019-03-31 | $5.41B | $78.70B | $507.00M | (m) | $768.00M | 6.87% | 0.64% | (m) | Reported |
| 2018-12-31 | $5.38B | $79.59B | $510.00M | (m) | $723.00M | 6.76% | 0.64% | (m) | Reported |
| 2018-09-30 | $5.60B | $80.37B | $517.00M | (m) | $694.00M | 6.96% | 0.64% | (m) | Reported |
| 2018-06-30 | $5.63B | $80.77B | $511.00M | (m) | $670.00M | 6.98% | 0.63% | (m) | Reported |
| 2018-03-31 | $5.71B | $80.06B | $521.00M | (m) | $645.00M | 7.13% | 0.65% | (m) | Reported |
| 2017-12-31 | $5.79B | $79.14B | $534.00M | (m) | $615.00M | 7.31% | 0.67% | (m) | Reported |
| 2017-09-30 | $5.79B | $78.37B | $529.00M | (m) | $608.00M | 7.39% | 0.68% | (m) | Reported |
| 2017-06-30 | $5.85B | $78.44B | $548.00M | (m) | $598.00M | 7.45% | 0.70% | (m) | Reported |
| 2017-03-31 | $5.83B | $79.39B | $540.00M | (m) | $618.00M | 7.34% | 0.68% | (m) | Reported |
| 2016-12-31 | $5.75B | $79.92B | $544.00M | (m) | $630.00M | 7.20% | 0.68% | (m) | Reported |
| 2016-09-30 | $5.68B | $80.21B | $502.00M | (m) | $601.00M | 7.08% | 0.63% | (m) | Reported |
| 2016-06-30 | $5.57B | $80.26B | $472.00M | (m) | $560.00M | 6.94% | 0.59% | (m) | Reported |
| 2016-03-31 | $5.41B | $80.83B | $474.00M | (m) | $507.00M | 6.69% | 0.59% | (m) | Reported |
| 2015-12-31 | $5.25B | $81.74B | $468.00M | (m) | $468.00M | 6.42% | 0.57% | (m) | Reported |
| 2015-09-30 | $5.21B | $83.80B | $465.00M | (m) | $457.00M | 6.21% | 0.55% | (m) | Reported |
| 2015-06-30 | $5.27B | $86.91B | $503.00M | (m) | $467.00M | 6.07% | 0.58% | (m) | Reported |
| 2015-03-31 | $5.33B | $90.15B | $515.00M | (m) | $487.00M | 5.92% | 0.57% | (m) | Reported |
| 2014-12-31 | $5.44B | $92.79B | $512.00M | (m) | $484.00M | 5.86% | 0.55% | (m) | Reported |
| 2014-09-30 | $6.05B | $97.45B | $575.00M | (m) | $480.00M | 6.21% | 0.59% | (m) | Reported |
| 2014-06-30 | $5.99B | $98.27B | $575.00M | (m) | $450.00M | 6.10% | 0.59% | (m) | Reported |
| 2014-03-31 | $6.08B | $98.83B | $594.00M | (m) | $413.00M | 6.16% | 0.60% | (m) | Reported |
| 2013-12-31 | $6.23B | $99.75B | $614.00M | (m) | $402.00M | 6.24% | 0.62% | (m) | Reported |
| 2013-09-30 | $6.24B | $101.36B | $633.00M | (m) | $398.00M | 6.16% | 0.62% | (m) | Reported |
| 2013-06-30 | $6.31B | $102.38B | $665.00M | (m) | $425.00M | 6.16% | 0.65% | (m) | Reported |
| 2013-03-31 | $6.34B | $103.24B | $664.00M | (m) | $443.00M | 6.15% | 0.64% | (m) | Reported |
| 2012-12-31 | $6.30B | $104.51B | $688.00M | (m) | $459.00M | 6.03% | 0.66% | (m) | Reported |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | $6.26B | $106.92B | $697.00M | (m) | $411.00M | 5.85% | 0.65% | (m) | Reported |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | $6.03B | $99.87B | $629.00M | (m) | $368.00M | 6.03% | 0.63% | (m) | Reported |
| 2010-09-30 | $5.91B | $98.08B | $616.00M | (m) | $348.00M | 6.02% | 0.63% | (m) | Reported |
| 2010-06-30 | $5.89B | $97.38B | $609.00M | (m) | $337.00M | 6.05% | 0.63% | (m) | Reported |
| 2010-03-31 | $5.85B | $96.90B | $590.00M | (m) | $348.00M | 6.04% | 0.61% | (m) | Reported |
| 2009-12-31 | $5.82B | $95.76B | $558.00M | (m) | $402.00M | 6.08% | 0.58% | (m) | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $6.34B | $103.63B | $659.00M | (m) | $673.00M | 6.12% | 0.64% | (m) | Reported |
| 2008-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2007-12-31 | $6.15B | $98.79B | $713.00M | (m) | $611.00M | 6.23% | 0.72% | (m) | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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