International Business Machines IBM
NYSE IBM
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At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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