International Business Machines (IBM) Capital Expenditures (2009 - 2026)
International Business Machines (IBM) posted quarterly Capital Expenditures of $229.0 million for Q2 2026, up 9.05% year-over-year from $210.0 million in Q2 2025, and down 1.29% quarter-over-quarter from $232.0 million in Q1 2026.
International Business Machines (IBM) Capital Expenditures (2009 - 2026) Analysis & Trends
International Business Machines' Capital Expenditures history runs 18 years deep, the most recent figure standing at $229.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 9.05% year-over-year to $229.0 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 5.27% YoY), while the FY2025 annual figure was $1.1 billion, up 4.1% from the prior year.
- Capital Expenditures for Q2 2026 stood at $229.0 million, down from $232.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $409.0 million in Q4 2022, with the low at $210.0 million in Q2 2025.
- The 5-year median for Capital Expenditures is $283.5 million (2022), against an average of $288.4 million.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures plunged 43.19% in 2022, then climbed 26.07% in 2025.
- International Business Machines' Capital Expenditures stood at $409.0 million in 2022, then retreated by 26.65% to $300.0 million in 2023, then grew by 1.0% to $303.0 million in 2024, then rose by 26.07% to $382.0 million in 2025, then tumbled by 40.05% to $229.0 million in 2026.
- Business Quant data shows IBM's Capital Expenditures at $229.0 million in Q2 2026, $232.0 million in Q1 2026, and $382.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 229.00 Mn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 186.22 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | -20.01 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 99.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 230.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 34.90 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -35.69 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 32.00 Mn |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | 27.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 229.00 Mn |
| Jun 30, 2026 | 229.00 Mn |
| Mar 31, 2026 | 232.00 Mn |
| Mar 31, 2026 | 232.00 Mn |
| Dec 31, 2025 | 382.00 Mn |
| Dec 31, 2025 | 382.00 Mn |
| Sep 30, 2025 | 255.00 Mn |
| Sep 30, 2025 | 255.00 Mn |
| Jun 30, 2025 | 210.00 Mn |
| Jun 30, 2025 | 210.00 Mn |
| Mar 31, 2025 | 244.00 Mn |
| Mar 31, 2025 | 244.00 Mn |
| Dec 31, 2024 | 303.00 Mn |
| Dec 31, 2024 | 303.00 Mn |
| Sep 30, 2024 | 286.00 Mn |
| Sep 30, 2024 | 286.00 Mn |
| Jun 30, 2024 | 220.00 Mn |
| Jun 30, 2024 | 220.00 Mn |
| Mar 31, 2024 | 239.00 Mn |
| Mar 31, 2024 | 239.00 Mn |