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

International Business Machines' Invested Capital history runs 18 years deep, the most recent figure standing at $41.7 billion for Q1 2026.

• In Q1 2026, Invested Capital rose 23.16% year-over-year to $41.7 billion; the TTM figure through Mar 2026 stood at $41.7 billion (up 23.16% YoY), while the FY2025 annual figure was $39.2 billion, up 20.57% from the prior year.
• Invested Capital was $41.7 billion for Q1 2026 at International Business Machines, up from $39.2 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $41.7 billion in Q1 2026 to a low of $25.5 billion in Q2 2022.
• Historically, Invested Capital has averaged $30.8 billion across 5 years, with a median of $29.0 billion in 2023.
• The sharpest annual moves came in 2022 and 2025: Invested Capital declined 10.71% in 2022, then soared 31.86% in 2025.
• A 5-year view of Invested Capital shows it stood at $26.8 billion in 2022, then grew by 8.43% to $29.0 billion in 2023, then rose by 11.86% to $32.5 billion in 2024, then advanced by 20.57% to $39.2 billion in 2025, then advanced by 6.5% to $41.7 billion in 2026.
• The last three Invested Capital figures came in at $41.7 billion (Q1 2026), $39.2 billion (Q4 2025), and $35.9 billion (Q3 2025), per Business Quant data.