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
DateValue
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