International Business Machines IBM
NYSE IBM
$243.24 +9.17 (+3.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

International Business Machines (IBM) posted Invested Capital of $102.3 billion for Q2 2026, down 5.34% on a QoQ basis from $108.1 billion in Q1 2026, and up 1.59% year-over-year from $100.7 billion in Q2 2025.

Analysis

International Business Machines (IBM) Invested Capital (2009 - 2026) Analysis & Trends

International Business Machines has reported Invested Capital for 18 years, with the latest figure at $102.3 billion in Q2 2026.

  • On a quarterly basis, Invested Capital rose 1.59% year-over-year to $102.3 billion in Q2 2026; TTM through Jun 2026 was $102.3 billion, a 1.59% increase from a year earlier, with the FY2025 full-year figure at $100.4 billion, up 14.83% from the prior year.
  • Invested Capital was $102.3 billion for Q2 2026 at International Business Machines, down from $108.1 billion in the prior quarter.
  • The five-year high for Invested Capital was $108.1 billion in Q1 2026, with the low at $75.8 billion in Q2 2022.
  • Average Invested Capital over 5 years is $89.2 billion, with a median of $86.1 billion recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital declined 9.46% in 2022, then grew 19.54% in 2025.
  • Over 5 years, Invested Capital stood at $77.7 billion in 2022, then climbed by 10.11% to $85.6 billion in 2023, then gained by 2.18% to $87.5 billion in 2024, then gained by 14.83% to $100.4 billion in 2025, then advanced by 1.87% to $102.3 billion in 2026.
  • The last three Invested Capital figures came in at $102.3 billion (Q2 2026), $108.1 billion (Q1 2026), and $100.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 483.06 Bn
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn 102.30 Bn
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn 18.89 Bn
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn 8.69 Bn
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn 2.16 Bn
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn 1.96 Bn
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn 1.13 Bn
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn -
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 102.30 Bn
Mar 31, 2026 108.07 Bn
Dec 31, 2025 100.42 Bn
Sep 30, 2025 99.05 Bn
Jun 30, 2025 100.70 Bn
Mar 31, 2025 97.15 Bn
Dec 31, 2024 87.46 Bn
Sep 30, 2024 84.71 Bn
Jun 30, 2024 84.24 Bn
Mar 31, 2024 88.31 Bn
Dec 31, 2023 85.59 Bn
Sep 30, 2023 84.81 Bn
Jun 30, 2023 86.53 Bn
Mar 31, 2023 85.27 Bn
Dec 31, 2022 77.73 Bn
Sep 30, 2022 76.96 Bn
Jun 30, 2022 75.77 Bn
Mar 31, 2022 81.04 Bn
Dec 31, 2021 77.49 Bn
Sep 30, 2021 84.43 Bn