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-on-year from $210.0 million in Q2 2025, and down 1.29% on a QoQ basis from $232.0 million in Q1 2026.

International Business Machines (IBM) Capital Expenditures (2009 - 2026) Analysis & Trends

International Business Machines (IBM) has reported Capital Expenditures for 18 consecutive years, with $229.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Capital Expenditures rose 9.05% year-over-year to $229.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (up 5.27% YoY) and the FY2025 annual result came in at $1.1 billion, up 4.1% from the prior year.
  • Capital Expenditures fell to $229.0 million in Q2 2026 per IBM's latest filing, from $232.0 million in the prior quarter.
  • Over the last five years, Capital Expenditures for IBM reached as high as $409.0 million in Q4 2022 and fell as low as $210.0 million in Q2 2025.
  • A 5-year average of $288.4 million and a median of $283.5 million in 2022 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2022 — Capital Expenditures plunged 43.19% — and 2025, when it increased 26.07%.
  • Year by year, Capital Expenditures stood at $409.0 million in 2022, then dropped by 26.65% to $300.0 million in 2023, then gained by 1.0% to $303.0 million in 2024, then climbed by 26.07% to $382.0 million in 2025, then plunged by 40.05% to $229.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $229.0 million, $232.0 million, and $382.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 229.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 186.22 Mn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -111.63 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - -23.08 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 50.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 76.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -35.69 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 8.10 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 26.40 Mn

Historic Data

Download Data
DateValue
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