International Business Machines (IBM) Notes Payables (2012 - 2026)
International Business Machines (IBM) reported Notes Payables of $5.78 billion for Q2 2026, down 35.4% from $8.95 billion a year earlier and down 33.3% from the prior quarter.
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Analysis
International Business Machines (IBM) Notes Payables (2012 - 2026) Analysis & Trends
At the end of FY2025, International Business Machines posted Notes Payables of $6.42 billion, up 26.2% from FY2024.
- Notes Payables has a five-year compound annual growth rate of -2.0% (FY2020 to FY2025).
- By year, Notes Payables came in at $5.09 billion in FY2024 (-20.8%), $6.43 billion in FY2023 (+35.0%), $4.76 billion in FY2022 (-29.9%) and $6.79 billion in FY2021 (-4.6%).
- The Q2 2026 figure ranks as the lowest quarterly Notes Payables since Q4 2024.
- Year over year, Notes Payables gained in five of the last eight quarters, with growth averaging 30.8%.
- The high point for year-over-year Notes Payables in five years was Q2 2025 (growth of 148.3%); the low point was Q2 2024 (a decline of 46.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.66 billion (Q1 2026), $6.42 billion (Q4 2025) and $7.94 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 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 | 5.78 Bn |
| Mar 31, 2026 | 8.66 Bn |
| Dec 31, 2025 | 6.42 Bn |
| Sep 30, 2025 | 7.94 Bn |
| Jun 30, 2025 | 8.95 Bn |
| Mar 31, 2025 | 6.91 Bn |
| Dec 31, 2024 | 5.09 Bn |
| Sep 30, 2024 | 3.60 Bn |
| Jun 30, 2024 | 3.60 Bn |
| Mar 31, 2024 | 5.47 Bn |
| Dec 31, 2023 | 6.43 Bn |
| Sep 30, 2023 | 6.41 Bn |
| Jun 30, 2023 | 6.79 Bn |
| Mar 31, 2023 | 4.89 Bn |
| Dec 31, 2022 | 4.76 Bn |
| Sep 30, 2022 | 5.94 Bn |
| Jun 30, 2022 | 5.98 Bn |
| Mar 31, 2022 | 7.69 Bn |
| Dec 31, 2021 | 6.79 Bn |
| Sep 30, 2021 | 7.58 Bn |
API Access
International Business Machines Notes Payables 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=notes-payables&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();