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) Operating Leases (2009 - 2026)

International Business Machines (IBM) posted Operating Leases of $2.5 billion for Q2 2026, down 4.84% on a QoQ basis from $2.6 billion in Q1 2026, and down 8.04% year-over-year from $2.7 billion in Q2 2025.

Analysis

International Business Machines (IBM) Operating Leases (2009 - 2026) Analysis & Trends

International Business Machines has reported Operating Leases for 17 years, with the latest figure at $2.5 billion in Q2 2026.

  • On a quarterly basis, Operating Leases fell 8.04% year-over-year to $2.5 billion in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 8.04% decrease from a year earlier, with the FY2025 full-year figure at $2.5 billion, down 4.07% from the prior year.
  • Operating Leases was $2.5 billion for Q2 2026 at International Business Machines, down from $2.6 billion in the prior quarter.
  • The five-year high for Operating Leases was $2.8 billion in Q3 2024, with the low at $2.0 billion in Q2 2023.
  • Average Operating Leases over 5 years is $2.5 billion, with a median of $2.5 billion recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases slumped 34.12% in 2022, then grew 28.2% in 2024.
  • Over 5 years, Operating Leases stood at $2.2 billion in 2022, then grew by 17.26% to $2.6 billion in 2023, then advanced by 3.39% to $2.7 billion in 2024, then fell by 4.07% to $2.5 billion in 2025, then dropped by 1.26% to $2.5 billion in 2026.
  • The last three Operating Leases figures came in at $2.5 billion (Q2 2026), $2.6 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn
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 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