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| 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 |