International Business Machines (IBM) Change in Working Capital (2009 - 2026)
International Business Machines (IBM) recorded Change in Working Capital of $1.35 billion in Q2 2026, down 38.1% from $2.18 billion a year earlier.
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Analysis
International Business Machines (IBM) Change in Working Capital (2009 - 2026) Analysis & Trends
On a TTM basis, International Business Machines' Change in Working Capital came in at $1.73 billion as of Jun 30, 2026, down 27.8% year-over-year; for FY2018, it was -$554 million.
- Quarterly Change in Working Capital has ranged from -$2.19 billion in Q1 2026 to $2.25 billion in Q3 2022 over the past five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,892.50 Bn | 3,815.66 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 238.73 Bn | 189.54 Bn | 9.91 Bn | -1.35 Bn |
| 3 | Cloudflare | 114.72 Bn | 98.25 Bn | 499.52 Mn | - |
| 4 | Equinix | 94.20 Bn | 82.76 Bn | 1.40 Bn | - |
| 5 | Nebius | 38.48 Bn | 11.91 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 29.87 Bn | 16.96 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.08 Bn | 24.44 Bn | 393.20 Mn | - |
| 8 | Nutanix | 18.92 Bn | 10.61 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.68 Bn | 10.25 Bn | 828.20 Mn | - |
| 10 | Akamai Technologies | 13.49 Bn | 6.90 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.35 Bn |
| Mar 31, 2026 | 2.19 Bn |
| Sep 30, 2025 | -383.00 Mn |
| Jun 30, 2025 | -2.18 Bn |
| Mar 31, 2025 | 1.76 Bn |
| Sep 30, 2024 | -759.00 Mn |
| Jun 30, 2024 | -1.21 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Sep 30, 2023 | 53.00 Mn |
| Jun 30, 2023 | -295.00 Mn |
| Mar 31, 2023 | 1.51 Bn |
| Sep 30, 2022 | -2.25 Bn |
| Jun 30, 2022 | -1.52 Bn |
| Mar 31, 2022 | 1.08 Bn |
| Sep 30, 2021 | -356.00 Mn |
| Jun 30, 2021 | -472.00 Mn |
| Mar 31, 2021 | 2.07 Bn |
| Sep 30, 2020 | 764.00 Mn |
| Jun 30, 2020 | 444.00 Mn |
| Mar 31, 2020 | 1.16 Bn |
API Access
International Business Machines Change in Working Capital 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=change-in-working-capital&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "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=change-in-working-capital&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();