International Business Machines (IBM) Operating Leases (2009 - 2026)
International Business Machines (IBM) posted quarterly Operating Leases of $2.5 billion for Q2 2026, down 8.04% year-on-year from $2.7 billion in Q2 2025, and down 4.84% on a QoQ basis from $2.6 billion in Q1 2026.
International Business Machines (IBM) Operating Leases (2009 - 2026) Analysis & Trends
International Business Machines (IBM) has reported Operating Leases for 17 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.
- Quarterly Operating Leases fell 8.04% year-over-year to $2.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.5 billion (down 8.04% YoY) and the FY2025 annual result came in at $2.5 billion, down 4.07% from the prior year.
- Operating Leases retreated to $2.5 billion in Q2 2026 per IBM's latest filing, from $2.6 billion in the prior quarter.
- Over the last five years, Operating Leases for IBM reached as high as $2.8 billion in Q3 2024 and fell as low as $2.0 billion in Q2 2023.
- A 5-year average of $2.5 billion and a median of $2.5 billion in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases slumped 34.12% — and 2024, when it grew 28.2%.
- Year by year, Operating Leases stood at $2.2 billion in 2022, then increased by 17.26% to $2.6 billion in 2023, then climbed by 3.39% to $2.7 billion in 2024, then retreated by 4.07% to $2.5 billion in 2025, then declined by 1.26% to $2.5 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $2.5 billion, $2.6 billion, and $2.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 Bn |
| Mar 31, 2026 | 2.64 Bn |
| Dec 31, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.65 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.75 Bn |
| Dec 31, 2024 | 2.66 Bn |
| Sep 30, 2024 | 2.76 Bn |
| Jun 30, 2024 | 2.55 Bn |
| Mar 31, 2024 | 2.58 Bn |
| Dec 31, 2023 | 2.57 Bn |
| Sep 30, 2023 | 2.48 Bn |
| Jun 30, 2023 | 1.99 Bn |
| Mar 31, 2023 | 2.09 Bn |
| Dec 31, 2022 | 2.19 Bn |
| Sep 30, 2022 | 2.10 Bn |
| Jun 30, 2022 | 2.18 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.46 Bn |
| Sep 30, 2021 | 3.19 Bn |