What is the current annual cost of goods sold of IBM?

As of today, IBM annual cost of goods sold is $27.35B

What is 1-year change in IBM annual cost of goods sold?

IBM annual cost of goods sold is down -1.03% year-over-year

What is 3-year change in IBM annual cost of goods sold?

IBM annual cost of goods sold is down -6.43% over the past 3 years

How far is IBM annual cost of goods sold from its all-time high?

IBM annual cost of goods sold is currently -55.35% below its historical high of $61.26B set on December 31, 2004

How does IBM annual cost of goods sold rank versus sector peers?

IBM annual cost of goods sold is higher than 97.95% of companies in Technology sector

When is IBM next annual earnings release?

The next annual earnings release for IBM is on January 27, 2027

What is the current quarterly cost of goods sold of IBM?

As of today, IBM quarterly cost of goods sold is $7.49B

What is IBM quarterly cost of goods sold most recent change?

IBM quarterly cost of goods sold was up +2.21% on September 30, 2026

What is 1-year change in IBM quarterly cost of goods sold?

IBM quarterly cost of goods sold is up +6.16% year-over-year

How far is IBM quarterly cost of goods sold from its all-time high?

IBM quarterly cost of goods sold is currently -55.75% below its historical high of $16.93B set on December 31, 2004

How does IBM quarterly cost of goods sold rank versus sector peers?

IBM quarterly cost of goods sold is higher than 97.33% of companies in Technology sector

When is IBM next earnings release?

The next earnings release for IBM is on January 27, 2027

What is the current TTM cost of goods sold of IBM?

As of today, IBM TTM cost of goods sold is $29.76B

What is IBM TTM cost of goods sold most recent change?

IBM TTM cost of goods sold was up +1.48% on September 30, 2026

What is 1-year change in IBM TTM cost of goods sold?

IBM TTM cost of goods sold is up +6.34% year-over-year

How far is IBM TTM cost of goods sold from its all-time high?

IBM TTM cost of goods sold is currently -51.29% below its historical high of $61.10B set on March 31, 2005

How does IBM TTM cost of goods sold rank versus sector peers?

IBM TTM cost of goods sold is higher than 97.86% of companies in Technology sector

When is IBM next earnings release?

The next earnings release for IBM is on January 27, 2027

IBM Cost Of Goods Sold History & Chart Since 1980

Annual Cost Of Goods Sold

$27.35B$284.00M-1.03%

December 31, 2025

Summary

Current Value: As of today, IBM annual cost of goods sold is $27.35B, down -1.03% on December 31, 2025
Historical Performance: IBM annual cost of goods sold is down -6.43% over the past 3 years, up +9.37% over the past 5 years
All-Time High Comparison: IBM annual cost of goods sold is currently -55.35% below its historical high of $61.26B set on December 31, 2004
3-Year Low Comparison: IBM annual cost of goods sold is at its 3-year low
Sector Comparison: IBM annual cost of goods sold is higher than 97.95% of companies in Technology sector

Cost Of Goods Sold Chart

beforeafter

Performance

IBM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Cost Of Goods Sold	Dec 31, 25	$27.35B	-1.0%	-6.4%	+9.4%	-49.8%
Quarterly Cost Of Goods Sold	Sep 30, 26	$7.49B	+6.2%	+10.1%	+19.7%	-46.6%
TTM Cost Of Goods Sold	Sep 30, 26	$29.76B	+6.3%	+5.5%	+17.9%	-47.9%
Price	Nov 10, 26	$244.53	-20.9%	+64.1%	+103.4%	+39.5%
Annual Total Expenses	Dec 31, 25	$56.96B	+0.4%	-3.0%	+11.2%	-33.0%
Annual Operating Expenses	Dec 31, 25	$29.86B	+22.3%	+26.9%	+27.0%	+11.8%
Annual Gross Profit	Dec 31, 25	$40.19B	+14.4%	+28.4%	+33.2%	-11.4%
Annual Revenue	Dec 31, 25	$67.54B	+7.6%	+11.6%	+22.4%	-32.4%

Cost Of Goods Sold Highs

IBM Annual Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
3Y	$29.23B	N/A	-6.4%
5Y	$29.23B	Dec 31, 22	-6.4%
All	$61.26B	Dec 31, 04	-55.4%

Cost Of Goods Sold Lows

IBM Annual Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
3Y	$27.35B	Dec 31, 25	at low
5Y	$25.01B	N/A	+9.4%
All	$10.15B	Dec 1, 80	+169.5%

Cost Of Goods Sold History

Year	Value	Change
2025	$27.35B	-1.0%
2024	$27.63B	-2.6%
2023	$28.36B	-3.0%
2022	$29.23B	+10.1%
2021	$26.54B	+6.1%
2020	$25.01B	-40.1%
2019	$41.76B	-4.1%
2018	$43.55B	+0.7%
2017	$43.26B	+1.7%
2016	$42.53B	+1.4%
2015	$41.93B	-10.9%
2014	$47.06B	-6.7%
2013	$50.45B	-8.2%
2012	$54.94B	-4.1%
2011	$57.31B	+5.2%
2010	$54.50B	+3.4%
2009	$52.68B	-10.1%
2008	$58.60B	+1.6%
2007	$57.69B	+7.3%
2006	$53.76B	-2.8%
2005	$55.28B	-9.8%
2004	$61.26B	+8.3%
2003	$56.58B	+10.1%

Year	Value	Change
2002	$51.41B	-5.0%
2001	$54.08B	-3.4%
2000	$55.97B	+1.0%
1999	$55.44B	+9.1%
1998	$50.80B	+6.0%
1997	$47.90B	+5.5%
1996	$45.41B	+9.2%
1995	$41.57B	+7.2%
1994	$38.77B	+0.5%
1993	$38.57B	+10.0%
1992	$35.07B	+8.0%
1991	$32.47B	+5.7%
1990	$30.72B	+14.5%
1989	$26.84B	+11.2%
1988	$24.14B	-1.9%
1987	$24.61B	+5.3%
1986	$23.38B	+10.8%
1985	$21.10B	+11.5%
1984	$18.92B	+15.4%
1983	$16.40B	+19.8%
1982	$13.69B	+13.9%
1981	$12.02B	+18.4%
1980	$10.15B	-

FAQ

What is the current annual cost of goods sold of IBM?: As of today, IBM annual cost of goods sold is $27.35B
What is 1-year change in IBM annual cost of goods sold?: IBM annual cost of goods sold is down -1.03% year-over-year
What is 3-year change in IBM annual cost of goods sold?: IBM annual cost of goods sold is down -6.43% over the past 3 years
How far is IBM annual cost of goods sold from its all-time high?: IBM annual cost of goods sold is currently -55.35% below its historical high of $61.26B set on December 31, 2004
How does IBM annual cost of goods sold rank versus sector peers?: IBM annual cost of goods sold is higher than 97.95% of companies in Technology sector
When is IBM next annual earnings release?: The next annual earnings release for IBM is on January 27, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Quarterly Cost Of Goods Sold

$7.49B$162.00M+2.21%

September 30, 2026

Summary

Current Value: As of today, IBM quarterly cost of goods sold is $7.49B, up +2.21% on September 30, 2026
Historical Performance: IBM quarterly cost of goods sold is up +6.16% year-over-year, up +10.05% over the past 3 years
All-Time High Comparison: IBM quarterly cost of goods sold is currently -55.75% below its historical high of $16.93B set on December 31, 2004
3-Year Low Comparison: IBM quarterly cost of goods sold is +13.39% above its 3-year low of $6.61B reached on March 31, 2025
Sector Comparison: IBM quarterly cost of goods sold is higher than 97.33% of companies in Technology sector

Performance

IBM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Cost Of Goods Sold	Sep 30, 26	$7.49B	+2.2%	+6.2%	+10.1%	+19.7%
Annual Cost Of Goods Sold	Dec 31, 25	$27.35B	–	-1.0%	-6.4%	+9.4%
TTM Cost Of Goods Sold	Sep 30, 26	$29.76B	+1.5%	+6.3%	+5.5%	+17.9%
Price	Nov 10, 26	$244.53	+3.5%	-20.9%	+64.1%	+103.4%
Quarterly Total Expenses	Sep 30, 26	$14.90B	-0.6%	+2.2%	+14.3%	+22.0%
Quarterly Operating Expenses	Sep 30, 26	$6.09B	-7.0%	+1.4%	+10.3%	+8.2%
Quarterly Gross Profit	Sep 30, 26	$9.61B	-2.3%	+3.6%	+21.0%	+37.4%
Quarterly Revenue	Sep 30, 26	$17.10B	-0.3%	+4.7%	+15.9%	+29.1%

Quarterly Cost Of Goods Sold Highs

IBM Quarterly Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$7.89B	Dec 31, 25	-5.0%
3Y	$7.89B	Dec 31, 25	-5.0%
5Y	$7.89B	Dec 31, 25	-5.0%
All	$16.93B	Dec 31, 04	-55.8%

Quarterly Cost Of Goods Sold Lows

IBM Quarterly Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$7.05B	Mar 31, 26	+6.3%
3Y	$6.61B	Mar 31, 25	+13.4%
5Y	$6.26B	N/A	+19.7%
All	$5.08B	Mar 31, 91	+47.5%

Quarterly Cost Of Goods Sold History

Month	Value	Change
Sep 2026	$7.49B	+2.2%
Jun 2026	$7.33B	+4.0%
Mar 2026	$7.05B	-10.7%
Dec 2025	$7.89B	+11.7%
Sep 2025	$7.06B	-0.5%
Jun 2025	$7.09B	+7.3%
Mar 2025	$6.61B	-8.5%
Dec 2024	$7.23B	+8.6%
Sep 2024	$6.65B	-7.6%
Jun 2024	$7.20B	+5.5%
Mar 2024	$6.82B	-5.4%
Dec 2023	$7.21B	+5.9%
Sep 2023	$6.81B	-5.5%
Jun 2023	$7.21B	+5.3%
Mar 2023	$6.85B	-6.6%
Dec 2022	$7.33B	+7.7%
Sep 2022	$6.81B	-7.8%
Jun 2022	$7.38B	+5.7%
Mar 2022	$6.99B	+0.7%
Dec 2021	$6.93B	+10.8%
Sep 2021	$6.26B	-3.0%
Jun 2021	$6.45B	+3.2%
Mar 2021	$6.25B	-0.3%
Dec 2020	$6.27B	-33.4%
Sep 2020	$9.42B	-3.1%
Jun 2020	$9.72B	-2.4%
Mar 2020	$9.96B	-8.9%
Dec 2019	$10.93B	+9.5%
Sep 2019	$9.99B	-2.6%
Jun 2019	$10.26B	+0.1%
Mar 2019	$10.25B	-8.6%
Dec 2018	$11.22B	+11.2%
Sep 2018	$10.09B	-9.3%
Jun 2018	$11.12B	+1.6%
Mar 2018	$10.95B	-5.8%
Dec 2017	$11.63B	+12.5%
Sep 2017	$10.34B	-3.7%
Jun 2017	$10.73B	+3.4%
Mar 2017	$10.38B	-5.8%
Dec 2016	$11.03B	+6.4%
Sep 2016	$10.37B	-3.0%
Jun 2016	$10.68B	+5.5%
Mar 2016	$10.13B	-6.2%
Dec 2015	$10.80B	+8.1%
Sep 2015	$9.99B	-5.6%
Jun 2015	$10.58B	+2.7%
Mar 2015	$10.30B	-9.7%
Dec 2014	$11.41B	-2.0%
Sep 2014	$11.64B	-6.8%
Jun 2014	$12.49B	+3.8%
Mar 2014	$12.03B	-10.7%
Dec 2013	$13.48B	+8.3%
Sep 2013	$12.45B	-3.5%
Jun 2013	$12.90B	+0.3%
Mar 2013	$12.86B	-9.7%
Dec 2012	$14.24B	+8.4%
Sep 2012	$13.14B	-3.6%
Jun 2012	$13.63B	-0.3%
Mar 2012	$13.67B	-7.9%
Dec 2011	$14.85B	+5.8%
Sep 2011	$14.03B	-2.1%
Jun 2011	$14.33B	+3.6%
Mar 2011	$13.83B	-7.2%
Dec 2010	$14.90B	+11.4%
Sep 2010	$13.38B	+2.8%
Jun 2010	$13.02B	+0.9%
Mar 2010	$12.90B	-8.2%
Dec 2009	$14.05B	+7.5%
Sep 2009	$13.07B	+1.9%
Jun 2009	$12.82B	+3.1%
Mar 2009	$12.44B	-12.1%
Dec 2008	$14.15B	-1.9%
Sep 2008	$14.42B	-5.8%
Jun 2008	$15.30B	+6.2%

Month	Value	Change
Mar 2008	$14.41B	-9.7%
Dec 2007	$15.95B	+12.1%
Sep 2007	$14.22B	+2.3%
Jun 2007	$13.90B	+5.1%
Mar 2007	$13.22B	-9.4%
Dec 2006	$14.60B	+10.8%
Sep 2006	$13.18B	+2.3%
Jun 2006	$12.88B	+2.4%
Mar 2006	$12.57B	-8.0%
Dec 2005	$13.66B	+6.8%
Sep 2005	$12.79B	-5.2%
Jun 2005	$13.50B	-7.9%
Mar 2005	$14.65B	-13.5%
Dec 2004	$16.93B	+14.3%
Sep 2004	$14.82B	+0.8%
Jun 2004	$14.69B	+2.9%
Mar 2004	$14.28B	-10.4%
Dec 2003	$15.94B	+16.3%
Sep 2003	$13.71B	+0.6%
Jun 2003	$13.63B	+6.2%
Mar 2003	$12.83B	-14.4%
Dec 2002	$15.00B	+20.0%
Sep 2002	$12.50B	+0.9%
Jun 2002	$12.38B	+2.2%
Mar 2002	$12.12B	-14.0%
Dec 2001	$14.08B	+8.0%
Sep 2001	$13.04B	-3.6%
Jun 2001	$13.52B	+0.7%
Mar 2001	$13.44B	+9.1%
Dec 2000	$12.32B	-18.7%
Sep 2000	$15.15B	+1.3%
Jun 2000	$14.95B	+10.2%
Mar 2000	$13.57B	+38.5%
Dec 1999	$9.79B	-34.9%
Sep 1999	$15.04B	-6.9%
Jun 1999	$16.15B	+11.7%
Mar 1999	$14.46B	+19.8%
Dec 1998	$12.08B	-12.6%
Sep 1998	$13.82B	+9.2%
Jun 1998	$12.66B	+3.4%
Mar 1998	$12.24B	-13.8%
Dec 1997	$14.21B	+23.4%
Sep 1997	$11.51B	+0.3%
Jun 1997	$11.47B	+7.0%
Mar 1997	$10.72B	-22.5%
Dec 1996	$13.82B	+27.9%
Sep 1996	$10.80B	-1.7%
Jun 1996	$10.99B	+12.3%
Mar 1996	$9.79B	-23.3%
Dec 1995	$12.77B	+29.9%
Sep 1995	$9.83B	-0.7%
Jun 1995	$9.90B	+9.1%
Mar 1995	$9.07B	-23.2%
Dec 1994	$11.81B	+27.3%
Sep 1994	$9.28B	+0.3%
Jun 1994	$9.25B	+9.7%
Mar 1994	$8.43B	-29.6%
Dec 1993	$11.99B	+31.1%
Sep 1993	$9.14B	+7.9%
Jun 1993	$8.47B	+30.2%
Mar 1993	$6.51B	-61.1%
Dec 1992	$16.71B	+200.6%
Sep 1992	$5.56B	-21.2%
Jun 1992	$7.06B	+23.0%
Mar 1992	$5.74B	-43.1%
Dec 1991	$10.08B	+63.8%
Sep 1991	$6.15B	+2.3%
Jun 1991	$6.01B	+18.4%
Mar 1991	$5.08B	-45.0%
Dec 1990	$9.23B	+67.5%
Sep 1990	$5.51B	-16.3%
Jun 1990	$6.58B	+26.8%
Mar 1990	$5.19B	-

FAQ

What is the current quarterly cost of goods sold of IBM?: As of today, IBM quarterly cost of goods sold is $7.49B
What is IBM quarterly cost of goods sold most recent change?: IBM quarterly cost of goods sold was up +2.21% on September 30, 2026
What is 1-year change in IBM quarterly cost of goods sold?: IBM quarterly cost of goods sold is up +6.16% year-over-year
How far is IBM quarterly cost of goods sold from its all-time high?: IBM quarterly cost of goods sold is currently -55.75% below its historical high of $16.93B set on December 31, 2004
How does IBM quarterly cost of goods sold rank versus sector peers?: IBM quarterly cost of goods sold is higher than 97.33% of companies in Technology sector
When is IBM next earnings release?: The next earnings release for IBM is on January 27, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

TTM Cost Of Goods Sold

$29.76B$435.00M+1.48%

September 30, 2026

Summary

Current Value: As of today, IBM TTM cost of goods sold is $29.76B, up +1.48% on September 30, 2026
Historical Performance: IBM TTM cost of goods sold is up +6.34% year-over-year, up +5.55% over the past 3 years
All-Time High Comparison: IBM TTM cost of goods sold is currently -51.29% below its historical high of $61.10B set on March 31, 2005
3-Year Low Comparison: IBM TTM cost of goods sold is +7.91% above its 3-year low of $27.58B reached on June 30, 2025
Sector Comparison: IBM TTM cost of goods sold is higher than 97.86% of companies in Technology sector

Performance

IBM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Cost Of Goods Sold	Sep 30, 26	$29.76B	+1.5%	+6.3%	+5.5%	+17.9%
Annual Cost Of Goods Sold	Dec 31, 25	$27.35B	–	-1.0%	-6.4%	+9.4%
Quarterly Cost Of Goods Sold	Sep 30, 26	$7.49B	+2.2%	+6.2%	+10.1%	+19.7%
Price	Nov 10, 26	$244.53	+3.5%	-20.9%	+64.1%	+103.4%
TTM Gross Profit	Sep 30, 26	$40.11B	+0.8%	+7.2%	+21.6%	+28.9%
TTM Revenue	Sep 30, 26	$69.87B	+1.1%	+6.8%	+14.2%	+24.0%

TTM Cost Of Goods Sold Highs

IBM TTM Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$29.76B	Sep 30, 26	at high
3Y	$29.76B	Sep 30, 26	at high
5Y	$29.76B	Sep 30, 26	at high
All	$61.10B	Mar 31, 05	-51.3%

TTM Cost Of Goods Sold Lows

IBM TTM Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$27.98B	N/A	+6.3%
3Y	$27.58B	Jun 30, 25	+7.9%
5Y	$25.23B	N/A	+17.9%
All	$5.19B	Mar 31, 90	+473.5%

TTM Cost Of Goods Sold History

Month	Value	Change
Sep 2026	$29.76B	+1.5%
Jun 2026	$29.32B	+0.8%
Mar 2026	$29.08B	+1.5%
Dec 2025	$28.64B	+2.4%
Sep 2025	$27.98B	+1.5%
Jun 2025	$27.58B	-0.4%
Mar 2025	$27.68B	-0.8%
Dec 2024	$27.89B	+0.0%
Sep 2024	$27.88B	-0.6%
Jun 2024	$28.04B	-0.0%
Mar 2024	$28.05B	-0.1%
Dec 2023	$28.08B	-0.4%
Sep 2023	$28.19B	+0.0%
Jun 2023	$28.19B	-0.6%
Mar 2023	$28.36B	-0.5%
Dec 2022	$28.50B	+1.4%
Sep 2022	$28.10B	+2.0%
Jun 2022	$27.56B	+3.5%
Mar 2022	$26.63B	+2.8%
Dec 2021	$25.90B	+2.6%
Sep 2021	$25.23B	-11.1%
Jun 2021	$28.39B	-10.3%
Mar 2021	$31.66B	-10.5%
Dec 2020	$35.36B	-11.7%
Sep 2020	$40.02B	-1.4%
Jun 2020	$40.60B	-1.3%
Mar 2020	$41.14B	-0.7%
Dec 2019	$41.43B	-0.7%
Sep 2019	$41.71B	-0.2%
Jun 2019	$41.81B	-2.0%
Mar 2019	$42.67B	-1.6%
Dec 2018	$43.37B	-0.9%
Sep 2018	$43.78B	-0.6%
Jun 2018	$44.03B	+0.9%
Mar 2018	$43.64B	+1.3%
Dec 2017	$43.08B	+1.4%
Sep 2017	$42.48B	-0.1%
Jun 2017	$42.51B	+0.1%
Mar 2017	$42.46B	+0.6%
Dec 2016	$42.20B	+0.6%
Sep 2016	$41.97B	+0.9%
Jun 2016	$41.59B	+0.3%
Mar 2016	$41.49B	-0.4%
Dec 2015	$41.66B	-1.5%
Sep 2015	$42.27B	-3.8%
Jun 2015	$43.93B	-4.2%
Mar 2015	$45.84B	-3.6%
Dec 2014	$47.57B	-4.2%
Sep 2014	$49.64B	-1.6%
Jun 2014	$50.44B	-0.8%
Mar 2014	$50.85B	-1.6%
Dec 2013	$51.68B	-1.5%
Sep 2013	$52.44B	-1.3%
Jun 2013	$53.13B	-1.4%
Mar 2013	$53.86B	-1.5%
Dec 2012	$54.67B	-1.1%
Sep 2012	$55.29B	-1.6%
Jun 2012	$56.18B	-1.2%
Mar 2012	$56.88B	-0.3%
Dec 2011	$57.04B	-0.1%
Sep 2011	$57.09B	+1.2%
Jun 2011	$56.43B	+2.4%
Mar 2011	$55.13B	+1.7%
Dec 2010	$54.20B	+1.6%
Sep 2010	$53.35B	+0.6%
Jun 2010	$53.04B	+0.4%
Mar 2010	$52.84B	+0.9%
Dec 2009	$52.38B	-0.2%
Sep 2009	$52.48B	-2.5%
Jun 2009	$53.83B	-4.4%
Mar 2009	$56.31B	-3.4%
Dec 2008	$58.28B	-3.0%
Sep 2008	$60.08B	+0.3%
Jun 2008	$59.88B	+2.4%

Month	Value	Change
Mar 2008	$58.48B	+2.1%
Dec 2007	$57.29B	+2.4%
Sep 2007	$55.94B	+1.9%
Jun 2007	$54.89B	+1.9%
Mar 2007	$53.87B	+1.2%
Dec 2006	$53.22B	+1.8%
Sep 2006	$52.29B	+0.7%
Jun 2006	$51.90B	-1.2%
Mar 2006	$52.52B	-3.8%
Dec 2005	$54.60B	-5.7%
Sep 2005	$57.87B	-3.4%
Jun 2005	$59.90B	-2.0%
Mar 2005	$61.10B	+0.6%
Dec 2004	$60.72B	+1.7%
Sep 2004	$59.73B	+1.9%
Jun 2004	$58.62B	+1.8%
Mar 2004	$57.56B	+2.6%
Dec 2003	$56.11B	+1.7%
Sep 2003	$55.17B	+2.2%
Jun 2003	$53.96B	+2.4%
Mar 2003	$52.71B	+1.4%
Dec 2002	$51.99B	+1.8%
Sep 2002	$51.08B	-1.0%
Jun 2002	$51.61B	-2.2%
Mar 2002	$52.76B	-2.4%
Dec 2001	$54.08B	+3.4%
Sep 2001	$52.31B	-3.9%
Jun 2001	$54.42B	-2.5%
Mar 2001	$55.84B	-0.2%
Dec 2000	$55.97B	+4.7%
Sep 2000	$53.45B	+0.2%
Jun 2000	$53.34B	-2.2%
Mar 2000	$54.54B	-1.6%
Dec 1999	$55.44B	-4.0%
Sep 1999	$57.73B	+2.2%
Jun 1999	$56.51B	+6.6%
Mar 1999	$53.02B	+4.4%
Dec 1998	$50.80B	-4.0%
Sep 1998	$52.92B	+4.6%
Jun 1998	$50.61B	+2.4%
Mar 1998	$49.42B	+3.2%
Dec 1997	$47.90B	+0.8%
Sep 1997	$47.52B	+1.5%
Jun 1997	$46.81B	+1.0%
Mar 1997	$46.33B	+2.0%
Dec 1996	$45.41B	+2.4%
Sep 1996	$44.36B	+2.2%
Jun 1996	$43.38B	+2.6%
Mar 1996	$42.29B	+1.7%
Dec 1995	$41.57B	+2.4%
Sep 1995	$40.61B	+1.4%
Jun 1995	$40.06B	+1.7%
Mar 1995	$39.41B	+1.6%
Dec 1994	$38.77B	-0.5%
Sep 1994	$38.94B	+0.4%
Jun 1994	$38.81B	+2.0%
Mar 1994	$38.03B	+5.3%
Dec 1993	$36.11B	-11.6%
Sep 1993	$40.83B	+9.6%
Jun 1993	$37.25B	+3.9%
Mar 1993	$35.84B	+2.2%
Dec 1992	$35.07B	+23.3%
Sep 1992	$28.44B	-2.0%
Jun 1992	$29.03B	+3.7%
Mar 1992	$27.98B	+2.4%
Dec 1991	$27.32B	+3.2%
Sep 1991	$26.47B	+2.5%
Jun 1991	$25.83B	-2.1%
Mar 1991	$26.40B	-0.4%
Dec 1990	$26.51B	+53.4%
Sep 1990	$17.28B	+46.8%
Jun 1990	$11.77B	+126.8%
Mar 1990	$5.19B	-

FAQ

What is the current TTM cost of goods sold of IBM?: As of today, IBM TTM cost of goods sold is $29.76B
What is IBM TTM cost of goods sold most recent change?: IBM TTM cost of goods sold was up +1.48% on September 30, 2026
What is 1-year change in IBM TTM cost of goods sold?: IBM TTM cost of goods sold is up +6.34% year-over-year
How far is IBM TTM cost of goods sold from its all-time high?: IBM TTM cost of goods sold is currently -51.29% below its historical high of $61.10B set on March 31, 2005
How does IBM TTM cost of goods sold rank versus sector peers?: IBM TTM cost of goods sold is higher than 97.86% of companies in Technology sector
When is IBM next earnings release?: The next earnings release for IBM is on January 27, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

IBM Official Website www.ibm.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/51143/000005114326000004/0000051143-26-000004-index.htm
IBM Profile on Yahoo Finance finance.yahoo.com/quote/IBM
IBM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ibm