International Business Machines IBM
NYSE IBM
$247.11 +2.43 (+0.99%)
At close: Nov 13, 2026 · 4:00 PM EST

International Business Machines (IBM) Enterprise Value (2009 - 2026)

Updated

International Business Machines' Enterprise Value came in at $207.93 billion for Q3 2026, down 16.5% from $248.97 billion a year earlier and down 19.1% from the prior quarter.

Analysis

International Business Machines (IBM) Enterprise Value (2009 - 2026) Analysis & Trends

For FY2025, International Business Machines' Enterprise Value was $263.53 billion, up 39.2% from FY2024.

  • Enterprise Value has increased in each of the last five years, with a five-year compound annual growth rate of 23.1% (FY2020 to FY2025).
  • Going back by year, Enterprise Value was $189.34 billion in FY2024 (+38.6%), $136.57 billion in FY2023 (+14.6%), $119.14 billion in FY2022 (+5.7%) and $112.74 billion in FY2021 (+20.7%).
  • The Q3 2026 figure represents the lowest quarterly Enterprise Value since Q4 2024.
  • Year-over-year, Enterprise Value increased in six of the last eight quarters, with growth averaging 25.8%.
  • The fastest year-over-year change in Enterprise Value over five years came in Q2 2025 (growth of 77.9%), and the weakest in Q3 2026 (a decline of 16.5%).
  • Business Quant data shows IBM's Enterprise Value at $256.89 billion (Q2 2026), $216.12 billion (Q1 2026) and $263.53 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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

Historic Data

Download Data
DateValue
Sep 30, 2026 197.53 Bn
Jun 30, 2026 256.89 Bn
Mar 31, 2026 216.12 Bn
Dec 31, 2025 263.53 Bn
Sep 30, 2025 248.97 Bn
Jun 30, 2025 259.23 Bn
Mar 31, 2025 213.71 Bn
Dec 31, 2024 189.34 Bn
Sep 30, 2024 190.80 Bn
Jun 30, 2024 145.70 Bn
Mar 31, 2024 156.37 Bn
Dec 31, 2023 136.57 Bn
Sep 30, 2023 117.21 Bn
Jun 30, 2023 105.67 Bn
Mar 31, 2023 101.51 Bn
Dec 31, 2022 119.14 Bn
Sep 30, 2022 97.76 Bn
Jun 30, 2022 119.81 Bn
Mar 31, 2022 106.24 Bn
Dec 31, 2021 112.74 Bn
API Access

International Business Machines Enterprise Value 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=enterprise-value&ticker=IBM&period=max&api_key=YOUR_API_KEY