International Business Machines (IBM) Cash & Current Investments (2009 - 2026)
International Business Machines (IBM) recorded Cash & Current Investments of $8.13 billion in Q2 2026, down 47.4% from $15.45 billion a year earlier and down 31.0% from the prior quarter.
International Business Machines (IBM) Cash & Current Investments (2009 - 2026) Analysis & Trends
At the end of FY2025, International Business Machines reported Cash & Current Investments of $14.42 billion, down 1.2% from FY2024.
- Annual Cash & Current Investments has a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Across earlier years, Cash & Current Investments came in at $14.59 billion in FY2024 (+8.6%), $13.44 billion in FY2023 (+53.8%), $8.74 billion in FY2022 (+15.6%) and $7.56 billion in FY2021 (-47.1%).
- The Q2 2026 figure is the lowest quarterly Cash & Current Investments since Q2 2022.
- On a year-over-year basis, Cash & Current Investments has declined for three consecutive quarters, with an average decline of 4.4% over the last eight quarters.
- Peak year-over-year performance for Cash & Current Investments in the last five years was growth of 109.5% in Q2 2023, against a decline of 47.4% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.78 billion (Q1 2026), $14.42 billion (Q4 2025) and $14.86 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 76.84 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 8.13 Bn |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | 4.16 Bn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 2.22 Bn |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | 8.04 Bn |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | 5.54 Bn |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | 1.03 Bn |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 2.36 Bn |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 3.36 Bn |
| 10 | DigitalOcean Holdings | 14.71 Bn | 12.71 Bn | 154.66 Mn | 767.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.13 Bn |
| Mar 31, 2026 | 11.78 Bn |
| Dec 31, 2025 | 14.42 Bn |
| Sep 30, 2025 | 14.86 Bn |
| Jun 30, 2025 | 15.45 Bn |
| Mar 31, 2025 | 17.47 Bn |
| Dec 31, 2024 | 14.59 Bn |
| Sep 30, 2024 | 13.70 Bn |
| Jun 30, 2024 | 13.69 Bn |
| Mar 31, 2024 | 19.12 Bn |
| Dec 31, 2023 | 13.44 Bn |
| Sep 30, 2023 | 10.98 Bn |
| Jun 30, 2023 | 16.30 Bn |
| Mar 31, 2023 | 17.59 Bn |
| Dec 31, 2022 | 8.74 Bn |
| Sep 30, 2022 | 9.73 Bn |
| Jun 30, 2022 | 7.78 Bn |
| Mar 31, 2022 | 10.77 Bn |
| Dec 31, 2021 | 7.56 Bn |
| Sep 30, 2021 | 8.41 Bn |
International Business Machines Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=IBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();