International Business Machines (IBM) Invested Capital (2009 - 2026)

International Business Machines (IBM) has reported Invested Capital for 18 consecutive years, with $5.8 billion the latest figure, recorded in Q2 2026.

• Quarterly Invested Capital fell 35.44% year-over-year to $5.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $28.8 billion (up 17.31% YoY) and the FY2025 annual result came in at $6.4 billion, up 26.23% from the prior year.
• Invested Capital fell to $5.8 billion in Q2 2026 per IBM's latest filing, from $8.7 billion in the prior quarter.
• Over the last five years, Invested Capital for IBM reached as high as $8.9 billion in Q2 2025 and fell as low as $3.6 billion in Q3 2024.
• A 5-year average of $6.2 billion and a median of $6.2 billion in 2022 frame the typical range for Invested Capital.
• Annual changes were most pronounced in 2024 — Invested Capital sank 46.91% — and 2025, when it surged 148.33%.
• Year by year, Invested Capital stood at $4.8 billion in 2022, then jumped by 35.0% to $6.4 billion in 2023, then dropped by 20.81% to $5.1 billion in 2024, then increased by 26.23% to $6.4 billion in 2025, then retreated by 10.1% to $5.8 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $5.8 billion, $8.7 billion, and $6.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.