International Business Machines (IBM) Other Working Capital Changes (2009 - 2026)
International Business Machines (IBM) posted quarterly Other Working Capital Changes of $1.3 billion for Q2 2026, down 38.12% year-over-year from $2.2 billion in Q2 2025, and up 161.74% quarter-over-quarter from -$2.2 billion in Q1 2026.
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 $1.3 billion for Q2 2026.
- In Q2 2026, Other Working Capital Changes fell 38.12% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $1.7 billion (down 27.83% YoY), while the FY2018 annual figure was -$554.0 million, changed N/A from the prior year.
- Other Working Capital Changes for Q2 2026 stood at $1.3 billion, up from -$2.2 billion in the prior quarter.
- The five-year high for Other Working Capital Changes was $2.2 billion in Q3 2022, with the low at -$2.2 billion in Q1 2026.
- The 5-year median for Other Working Capital Changes is $339.0 million (2023), against an average of $143.1 million.
- The sharpest annual moves came in 2023 and 2024: Other Working Capital Changes tumbled 102.36% in 2023, then jumped 1532.08% in 2024.
- International Business Machines' Other Working Capital Changes stood at $2.2 billion in 2022, then sank by 102.36% to -$53.0 million in 2023, then surged by 1532.08% to $759.0 million in 2024, then plunged by 49.54% to $383.0 million in 2025, then jumped by 252.22% to $1.3 billion in 2026.
- Business Quant data shows IBM's Other Working Capital Changes at $1.3 billion in Q2 2026, -$2.2 billion in Q1 2026, and $383.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 224.37 Bn | 213.02 Bn | 9.91 Bn |
| 2 | Accenture | 114.58 Bn | 104.41 Bn | 6.13 Bn |
| 3 | Infosys | 48.90 Bn | 48.90 Bn | 1.60 Bn |
| 4 | Cgi | 33.18 Bn | 32.72 Bn | - |
| 5 | Cognizant Technology Solutions | 29.29 Bn | 28.24 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.56 Bn | 20.82 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.06 Bn | 20.66 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.85 Bn | 17.10 Bn | 817.00 Mn |
| 10 | Cdw | 17.73 Bn | 17.37 Bn | 1.32 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 Bn |
| Jun 30, 2026 | 1.35 Bn |
| Jun 30, 2026 | 1.35 Bn |
| Mar 31, 2026 | -2.19 Bn |
| Mar 31, 2026 | -2.19 Bn |
| Mar 31, 2026 | -2.19 Bn |
| Sep 30, 2025 | 383.00 Mn |
| Sep 30, 2025 | 383.00 Mn |
| Sep 30, 2025 | 383.00 Mn |
| Jun 30, 2025 | 2.18 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | -1.76 Bn |
| Mar 31, 2025 | -1.76 Bn |
| Mar 31, 2025 | -1.76 Bn |
| Sep 30, 2024 | 759.00 Mn |
| Sep 30, 2024 | 759.00 Mn |
| Sep 30, 2024 | 759.00 Mn |
| Jun 30, 2024 | 1.21 Bn |
| Jun 30, 2024 | 1.21 Bn |