International Business Machines (IBM) Raw Materials (2009 - 2026)
International Business Machines' Raw Materials was $1.43 billion in Q2 2026, up 34.1% from $1.06 billion a year earlier and up 18.0% from the prior quarter.
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Analysis
International Business Machines (IBM) Raw Materials (2009 - 2026) Analysis & Trends
At the end of FY2025, Raw Materials at International Business Machines came in at $990 million, down 14.3% from FY2024.
- Raw Materials shows a five-year compound annual growth rate of -9.7% (FY2020 to FY2025).
- In earlier years, Raw Materials was $1.16 billion in FY2024 (+6.6%), $1.08 billion in FY2023 (-22.3%), $1.39 billion in FY2022 (-3.3%) and $1.44 billion in FY2021 (-12.6%).
- The Q2 2026 figure marks the highest quarterly Raw Materials since Q3 2022.
- Compared with a year earlier, Raw Materials was higher in three of the last eight quarters, with growth averaging 2.8%.
- The best year-over-year quarter for Raw Materials over five years was Q2 2026 (growth of 34.1%); the worst was Q1 2024 (a decline of 23.0%).
- Per Business Quant data, IBM's Raw Materials in the three quarters before Q2 2026 was $1.21 billion (Q1 2026), $990 million (Q4 2025) and $1.08 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,890.86 Bn | 3,826.35 Bn | 62.56 Bn |
| 2 | International Business Machines | 233.55 Bn | 188.83 Bn | 9.71 Bn |
| 3 | Cloudflare | 109.18 Bn | 91.62 Bn | 557.23 Mn |
| 4 | Equinix | 104.31 Bn | 92.20 Bn | 1.31 Bn |
| 5 | CoreWeave | 29.43 Bn | 14.28 Bn | 2.48 Bn |
| 6 | Nebius | 29.32 Bn | 122.11 Mn | 761.10 Mn |
| 7 | Verisign | 28.11 Bn | 25.46 Bn | 393.20 Mn |
| 8 | Nutanix | 16.34 Bn | 8.02 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.97 Bn | 9.35 Bn | 843.00 Mn |
| 10 | Akamai Technologies | 12.30 Bn | 3.31 Bn | 617.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.63 Bn |
| Jun 30, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.21 Bn |
| Dec 31, 2025 | 990.00 Mn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 1.16 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.33 Bn |
| Mar 31, 2023 | 1.40 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.51 Bn |
| Dec 31, 2021 | 1.44 Bn |
API Access
International Business Machines Raw Materials API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=raw-materials&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=raw-materials&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();