International Business Machines (IBM) Change in Working Capital (2009 - 2026)
International Business Machines (IBM) recorded Change in Working Capital of -$31 million in Q3 2026, compared with -$383 million a year earlier.
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 $422 million as of Sep 30, 2026; for FY2018, it was $554 million.
- Quarterly Change in Working Capital has ranged from -$2.25 billion in Q3 2022 to $2.19 billion in Q1 2026 over the past five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,890.86 Bn | 3,826.35 Bn | 62.56 Bn | - |
| 2 | International Business Machines | 233.55 Bn | 188.83 Bn | 9.71 Bn | -32.00 Mn |
| 3 | Cloudflare | 109.18 Bn | 91.62 Bn | 557.23 Mn | - |
| 4 | Equinix | 104.31 Bn | 92.20 Bn | 1.31 Bn | - |
| 5 | CoreWeave | 29.43 Bn | 14.28 Bn | 2.48 Bn | - |
| 6 | Nebius | 29.32 Bn | 122.11 Mn | 761.10 Mn | - |
| 7 | Verisign | 28.11 Bn | 25.46 Bn | 393.20 Mn | - |
| 8 | Nutanix | 16.34 Bn | 8.02 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.97 Bn | 9.35 Bn | 843.00 Mn | - |
| 10 | Akamai Technologies | 12.30 Bn | 3.31 Bn | 617.27 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -32.00 Mn |
| 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 |
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_KEY
import 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();