International Business Machines (IBM) Inventory (2009 - 2026)
International Business Machines' Inventory was $1.75 billion in Q2 2026, up 39.6% from $1.25 billion a year earlier and up 18.3% from the prior quarter.
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Analysis
International Business Machines (IBM) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Inventory at International Business Machines came in at $1.22 billion, down 5.4% from FY2024.
- Inventory shows a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- In earlier years, Inventory was $1.29 billion in FY2024 (+11.0%), $1.16 billion in FY2023 (-25.2%), $1.55 billion in FY2022 (-5.9%) and $1.65 billion in FY2021 (-9.0%).
- The Q2 2026 figure marks the highest quarterly Inventory since Q3 2022.
- Compared with a year earlier, Inventory was higher in six of the last eight quarters, with growth averaging 8.5%.
- The best year-over-year quarter for Inventory over five years was Q2 2026 (growth of 39.6%); the worst was Q4 2023 (a decline of 25.2%).
- Per Business Quant data, IBM's Inventory in the three quarters before Q2 2026 was $1.48 billion (Q1 2026), $1.22 billion (Q4 2025) and $1.4 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 1.40 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 1.75 Bn |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | - |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | - |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | - |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | - |
| 10 | DigitalOcean Holdings | 14.71 Bn | 12.71 Bn | 154.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.75 Bn |
| Mar 31, 2026 | 1.48 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.50 Bn |
| Mar 31, 2023 | 1.60 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 1.79 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.78 Bn |
| Dec 31, 2021 | 1.65 Bn |
| Sep 30, 2021 | 1.89 Bn |
API Access
International Business Machines Inventory 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=inventory&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();