International Business Machines (IBM) Operating Leases (2018 - 2026)

International Business Machines' Operating Leases history runs 9 years deep, the most recent figure standing at $2.6 billion for Q1 2026.

• In Q1 2026, Operating Leases fell 4.0% year-over-year to $2.6 billion; the TTM figure through Mar 2026 stood at $2.6 billion (down 4.0% YoY), while the FY2025 annual figure was $2.5 billion, down 4.07% from the prior year.
• Operating Leases was $2.6 billion for Q1 2026 at International Business Machines, up from $2.5 billion in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $2.8 billion in Q3 2024 to a low of $2.0 billion in Q2 2023.
• Historically, Operating Leases has averaged $2.5 billion across 5 years, with a median of $2.5 billion in 2025.
• The sharpest annual moves came in 2022 and 2024: Operating Leases tumbled 34.12% in 2022, then climbed 28.2% in 2024.
• A 5-year view of Operating Leases shows it stood at $2.2 billion in 2022, then climbed by 17.26% to $2.6 billion in 2023, then gained by 3.39% to $2.7 billion in 2024, then declined by 4.07% to $2.5 billion in 2025, then grew by 3.77% to $2.6 billion in 2026.
• The last three Operating Leases figures came in at $2.6 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.