International Business Machines (IBM) Common Equity (2009 - 2026)
International Business Machines' Common Equity was $34.54 billion in Q2 2026, up 25.2% from $27.59 billion a year earlier and up 4.5% from the prior quarter.
International Business Machines (IBM) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at International Business Machines came in at $32.74 billion, up 19.5% from FY2024.
- Common Equity has now increased for four consecutive years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In earlier years, Common Equity was $27.39 billion in FY2024 (+21.1%), $22.61 billion in FY2023 (+2.7%), $22.02 billion in FY2022 (+15.9%) and $19 billion in FY2021 (-8.4%).
- The Q2 2026 figure marks the highest quarterly Common Equity in data going back to Q2 2009.
- Compared with a year earlier, Common Equity has increased for 15 straight quarters, with growth averaging 17.3% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was Q2 2026 (growth of 25.2%); the worst was Q2 2022 (a decline of 11.7%).
- Per Business Quant data, IBM's Common Equity in the three quarters before Q2 2026 was $33.06 billion (Q1 2026), $32.74 billion (Q4 2025) and $27.99 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 442.39 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 34.54 Bn |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | 1.62 Bn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 14.38 Bn |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | 10.34 Bn |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | 5.02 Bn |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | -2.25 Bn |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 702.57 Mn |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 4.75 Bn |
| 10 | DigitalOcean Holdings | 14.71 Bn | 12.71 Bn | 154.66 Mn | 930.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.54 Bn |
| Mar 31, 2026 | 33.06 Bn |
| Dec 31, 2025 | 32.74 Bn |
| Sep 30, 2025 | 27.99 Bn |
| Jun 30, 2025 | 27.59 Bn |
| Mar 31, 2025 | 26.95 Bn |
| Dec 31, 2024 | 27.39 Bn |
| Sep 30, 2024 | 24.53 Bn |
| Jun 30, 2024 | 24.10 Bn |
| Mar 31, 2024 | 23.33 Bn |
| Dec 31, 2023 | 22.61 Bn |
| Sep 30, 2023 | 23.16 Bn |
| Jun 30, 2023 | 22.27 Bn |
| Mar 31, 2023 | 21.67 Bn |
| Dec 31, 2022 | 22.02 Bn |
| Sep 30, 2022 | 20.15 Bn |
| Jun 30, 2022 | 19.48 Bn |
| Mar 31, 2022 | 19.11 Bn |
| Dec 31, 2021 | 19.00 Bn |
| Sep 30, 2021 | 22.36 Bn |
International Business Machines Common Equity 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=common-equity&ticker=IBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();