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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |