International Business Machines (IBM) Finished Goods (2009 - 2026)
International Business Machines' Finished Goods came in at $320 million for Q2 2026, up 70.2% from $188 million a year earlier and up 19.4% from the prior quarter.
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Analysis
International Business Machines (IBM) Finished Goods (2009 - 2026) Analysis & Trends
At the end of FY2025, International Business Machines' Finished Goods was $230 million, up 71.6% from FY2024.
- Finished Goods carries a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Going back by year, Finished Goods was $134 million in FY2024 (+71.8%), $78 million in FY2023 (-50.6%), $158 million in FY2022 (-24.0%) and $208 million in FY2021 (+27.6%).
- The Q2 2026 figure represents the highest quarterly Finished Goods since Q2 2019.
- Year-over-year, Finished Goods has increased for eight consecutive quarters, with growth averaging 53.3% over the last eight quarters.
- The fastest year-over-year change in Finished Goods over five years came in Q3 2025 (growth of 85.8%), and the weakest in Q4 2023 (a decline of 50.6%).
- Business Quant data shows IBM's Finished Goods at $268 million (Q1 2026), $230 million (Q4 2025) and $314 million (Q3 2025) in the three quarters before Q2 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 320.00 Mn |
| Jun 30, 2026 | 320.00 Mn |
| Mar 31, 2026 | 268.00 Mn |
| Dec 31, 2025 | 230.00 Mn |
| Sep 30, 2025 | 314.00 Mn |
| Jun 30, 2025 | 188.00 Mn |
| Mar 31, 2025 | 203.00 Mn |
| Dec 31, 2024 | 134.00 Mn |
| Sep 30, 2024 | 169.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 131.00 Mn |
| Dec 31, 2023 | 78.00 Mn |
| Sep 30, 2023 | 159.00 Mn |
| Jun 30, 2023 | 174.00 Mn |
| Mar 31, 2023 | 199.00 Mn |
| Dec 31, 2022 | 158.00 Mn |
| Sep 30, 2022 | 209.00 Mn |
| Jun 30, 2022 | 184.00 Mn |
| Mar 31, 2022 | 269.00 Mn |
| Dec 31, 2021 | 208.00 Mn |
API Access
International Business Machines Finished Goods 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=finished-goods&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "finished-goods", "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=finished-goods&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();