International Business Machines (IBM) Capital Expenditures (2009 - 2025)
International Business Machines (IBM) posted Capital Expenditures of $1.1 billion for FY2025, up 4.1% year-over-year from $1.0 billion in FY2024.
Analysis
International Business Machines (IBM) Capital Expenditures (2009 - 2025) Analysis & Trends
International Business Machines has reported Capital Expenditures for 17 years, with the latest figure at $1.1 billion in FY2025.
- On a quarterly basis, Capital Expenditures rose 9.05% year-over-year to $229.0 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 5.27% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 4.1% from the prior year.
- Capital Expenditures was $1.1 billion for FY2025 at International Business Machines, up from $1.0 billion in the prior year.
- The five-year high for Capital Expenditures was $2.1 billion in FY2021, with the low at $1.0 billion in FY2024.
- Average Capital Expenditures over 5 years is $1.4 billion, with a median of $1.2 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures slumped 34.72% in 2022, then increased 4.1% in 2025.
- Over 5 years, Capital Expenditures stood at $2.1 billion in 2021, then plunged by 34.72% to $1.3 billion in 2022, then retreated by 7.5% to $1.2 billion in 2023, then declined by 15.82% to $1.0 billion in 2024, then rose by 4.1% to $1.1 billion in 2025.
- The last three Capital Expenditures figures came in at $1.1 billion (FY2025), $1.0 billion (FY2024), and $1.2 billion (FY2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Yr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,681.04 Bn | 3,548.29 Bn | 60.48 Bn | 115.95 Bn |
| 2 | International Business Machines | 229.16 Bn | 217.90 Bn | 9.91 Bn | - |
| 3 | Nebius | 56.81 Bn | 48.77 Bn | 448.70 Mn | - |
| 4 | CoreWeave | 49.03 Bn | 43.49 Bn | 1.70 Bn | - |
| 5 | Nutanix | 17.82 Bn | 15.80 Bn | 610.79 Mn | - |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | - |
| 7 | Kingsoft Cloud Holdings | 2.97 Bn | 2.28 Bn | 68.71 Mn | - |
| 8 | SharonAI Holdings | 2.13 Bn | 263.45 Mn | 1.17 Mn | - |
| 9 | Tuya | 1.10 Bn | 120.87 Mn | 43.05 Mn | - |
| 10 | Backblaze | 715.48 Mn | 664.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.09 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 2.06 Bn |
| Dec 31, 2020 | 2.62 Bn |
| Dec 31, 2019 | 2.29 Bn |
| Dec 31, 2018 | 3.40 Bn |
| Dec 31, 2017 | 3.23 Bn |
| Dec 31, 2016 | 3.57 Bn |
| Dec 31, 2015 | 3.58 Bn |
| Dec 31, 2014 | 3.74 Bn |
| Dec 31, 2013 | 3.62 Bn |
| Dec 31, 2012 | 4.08 Bn |
| Dec 31, 2011 | 4.11 Bn |
| Dec 31, 2010 | 4.19 Bn |
| Dec 31, 2009 | 3.45 Bn |