International Business Machines (IBM) Other Working Capital Changes (2009 - 2026)
International Business Machines (IBM) recorded quarterly Other Working Capital Changes of -$2.2 billion in Q1 2026, down 68.21% quarter-over-quarter from -$1.3 billion in Q4 2025, and down 24.22% on a YoY basis from -$2.9 billion in Q1 2025.
International Business Machines (IBM) Other Working Capital Changes (2009 - 2026) Analysis & Trends
International Business Machines' Other Working Capital Changes history runs 18 years deep, the most recent figure standing at -$2.2 billion for Q1 2026.
- In Q1 2026, Other Working Capital Changes fell 24.22% year-over-year to -$2.2 billion; the TTM figure through Mar 2026 stood at -$921.0 million (up 53.83% YoY), while the FY2025 annual figure was -$495.0 million, up 69.08% from the prior year.
- Other Working Capital Changes was -$2.2 billion for Q1 2026 at International Business Machines, down from -$1.3 billion in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $2.2 billion in Q3 2022 to a low of -$2.8 billion in Q4 2022.
- Historically, Other Working Capital Changes has averaged -$345.5 million across 5 years, with a median of -$199.0 million in 2023.
- Biggest YoY gain for Other Working Capital Changes was 1532.08% in 2024; the steepest drop was 1009.55% in 2024.
- A 5-year view of Other Working Capital Changes shows it stood at -$2.8 billion in 2022, then surged by 92.95% to -$199.0 million in 2023, then tumbled by 1009.55% to -$2.2 billion in 2024, then surged by 41.17% to -$1.3 billion in 2025, then plunged by 68.21% to -$2.2 billion in 2026.
- The last three Other Working Capital Changes figures came in at -$2.2 billion (Q1 2026), -$1.3 billion (Q4 2025), and $383.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.19 Bn |
| Mar 31, 2026 | -2.19 Bn |
| Dec 31, 2025 | -1.30 Bn |
| Dec 31, 2025 | -1.30 Bn |
| Sep 30, 2025 | 383.00 Mn |
| Sep 30, 2025 | 383.00 Mn |
| Jun 30, 2025 | 2.18 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | -1.76 Bn |
| Mar 31, 2025 | -1.76 Bn |
| Dec 31, 2024 | -2.21 Bn |
| Dec 31, 2024 | -2.21 Bn |
| Sep 30, 2024 | 759.00 Mn |
| Sep 30, 2024 | 759.00 Mn |
| Jun 30, 2024 | 1.21 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | -1.37 Bn |
| Mar 31, 2024 | -1.37 Bn |
| Dec 31, 2023 | -199.00 Mn |
| Dec 31, 2023 | -199.00 Mn |