The default interval at which metrics.log generates a periodic report regarding license utilization is 60 seconds. This report contains information about the license usage and quota for each Splunk instance, as well as the license pool and stack. The report is generated every 60 seconds by default, but this interval can be changed by modifying the license_usage stanza in the metrics.conf file. The other intervals (10 seconds, 30 seconds, and 300 seconds) are not the default values, but they can be set by the administrator if needed. For more information, see About metrics.log and Configure metrics.log in the Splunk documentation.
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