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
DateValue
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