International Business Machines CorporationIBMNYSE
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+6.8%
5Y CAGR+2.6%
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+6.8%/yr
vs +0.8%/yr prior
5Y CAGR
+2.6%/yr
Recent acceleration
Acceleration
+6.0pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.1x
Modest growth
Streak
2 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$29.86B+17.2%
2024$25.48B+4.1%
2023$24.48B-0.1%
2022$24.51B-0.4%
2021$24.62B-6.0%
2020$26.20B+9.2%
2019$24.00B+1.2%
2018$23.72B-0.4%
2017$23.80B-4.3%
2016$24.88B-