International Business Machines (IBM) Capital Expenditures (2009 - 2026)

International Business Machines' Capital Expenditures history runs 18 years deep, the most recent figure standing at $232.0 million for Q1 2026.

• In Q1 2026, Capital Expenditures fell 4.92% year-over-year to $232.0 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 2.47% YoY), while the FY2025 annual figure was $1.1 billion, up 4.1% from the prior year.
• Capital Expenditures was $232.0 million for Q1 2026 at International Business Machines, down from $382.0 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $409.0 million in Q4 2022 to a low of $210.0 million in Q2 2025.
• Historically, Capital Expenditures has averaged $291.9 million across 5 years, with a median of $286.0 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Capital Expenditures sank 43.19% in 2022, then grew 26.07% in 2025.
• A 5-year view of Capital Expenditures shows it stood at $409.0 million in 2022, then decreased by 26.65% to $300.0 million in 2023, then increased by 1.0% to $303.0 million in 2024, then gained by 26.07% to $382.0 million in 2025, then sank by 39.27% to $232.0 million in 2026.
• The last three Capital Expenditures figures came in at $232.0 million (Q1 2026), $382.0 million (Q4 2025), and $255.0 million (Q3 2025), per Business Quant data.