Statistics

IBM (IBM) Net debt: Latest Data, Historical Trends & Peer Comparison

What is IBM's (IBM) Net debt?

For fiscal H1'26 ended Jun 30, 2026, IBM Net debt was 53.85B, representing a +10.55% change year over year.

For fiscal FY'25 ended Dec 31, 2025, IBM Net debt was 46.84B, representing a +16% change year over year.

Net debt Historical Trend for IBM

View IBM's annual, quarterly, and TTM Net debt data from 2002 to 2026, including historical growth rates and trend analysis.

Net debt
YoY

IBM Quarterly Data

Metric
FY'02Dec 31, 2002
FY'03Dec 31, 2003
Q1'04Mar 31, 2004
H1'04Jun 30, 2004
9M'04Sep 30, 2004
FY'04Dec 31, 2004
Q1'05Mar 31, 2005
H1'05Jun 30, 2005
9M'05Sep 30, 2005
FY'05Dec 31, 2005
Q1'06Mar 31, 2006
H1'06Jun 30, 2006
9M'06Sep 30, 2006
FY'06Dec 31, 2006
Q1'07Mar 31, 2007
H1'07Jun 30, 2007
9M'07Sep 30, 2007
FY'07Dec 31, 2007
Q1'08Mar 31, 2008
H1'08Jun 30, 2008
9M'08Sep 30, 2008
FY'08Dec 31, 2008
Q1'09Mar 31, 2009
H1'09Jun 30, 2009
9M'09Sep 30, 2009
FY'09Dec 31, 2009
Q1'10Mar 31, 2010
H1'10Jun 30, 2010
9M'10Sep 30, 2010
FY'10Dec 31, 2010
Q1'11Mar 31, 2011
H1'11Jun 30, 2011
9M'11Sep 30, 2011
FY'11Dec 31, 2011
Q1'12Mar 31, 2012
H1'12Jun 30, 2012
9M'12Sep 30, 2012
FY'12Dec 31, 2012
Q1'13Mar 31, 2013
H1'13Jun 30, 2013
9M'13Sep 30, 2013
FY'13Dec 31, 2013
Q1'14Mar 31, 2014
H1'14Jun 30, 2014
9M'14Sep 30, 2014
FY'14Dec 31, 2014
Q1'15Mar 31, 2015
H1'15Jun 30, 2015
9M'15Sep 30, 2015
FY'15Dec 31, 2015
Q1'16Mar 31, 2016
H1'16Jun 30, 2016
9M'16Sep 30, 2016
FY'16Dec 31, 2016
Q1'17Mar 31, 2017
H1'17Jun 30, 2017
9M'17Sep 30, 2017
FY'17Dec 31, 2017
Q1'18Mar 31, 2018
H1'18Jun 30, 2018
9M'18Sep 30, 2018
FY'18Dec 31, 2018
Q1'19Mar 31, 2019
H1'19Jun 30, 2019
9M'19Sep 30, 2019
FY'19Dec 31, 2019
Q1'20Mar 31, 2020
H1'20Jun 30, 2020
9M'20Sep 30, 2020
FY'20Dec 31, 2020
Q1'21Mar 31, 2021
H1'21Jun 30, 2021
9M'21Sep 30, 2021
FY'21Dec 31, 2021
Q1'22Mar 31, 2022
H1'22Jun 30, 2022
9M'22Sep 30, 2022
FY'22Dec 31, 2022
Q1'23Mar 31, 2023
H1'23Jun 30, 2023
9M'23Sep 30, 2023
FY'23Dec 31, 2023
Q1'24Mar 31, 2024
H1'24Jun 30, 2024
9M'24Sep 30, 2024
FY'24Dec 31, 2024
Q1'25Mar 31, 2025
H1'25Jun 30, 2025
9M'25Sep 30, 2025
FY'25Dec 31, 2025
Q1'26Mar 31, 2026
H1'26Jun 30, 2026
Net debt
YoY
20.04B
--
15.98B
-20.24%
15.16B
--
13.73B
--
12.28B
--
12.36B
-22.7%
14.76B
-2.66%
15.06B
+9.66%
13.17B
+7.23%
8.96B
-27.53%
10.18B
-31.01%
11.79B
-21.71%
11.09B
-15.78%
12.03B
+34.29%
13.16B
+29.27%
24.53B
+108.1%
21.50B
+93.85%
19.13B
+59.06%
23.16B
+75.93%
24.39B
-0.6%
24.66B
+14.69%
21.02B
+9.88%
18.68B
-19.34%
16.85B
-30.92%
13.96B
-43.4%
12.13B
-42.31%
12.34B
-33.93%
14.41B
-14.47%
16.37B
+17.29%
16.97B
+39.97%
17.01B
+37.84%
18.01B
+24.98%
18.86B
+15.2%
19.40B
+14.29%
19.72B
+15.91%
21.25B
+17.99%
21.41B
+13.55%
22.14B
+14.14%
21.41B
+8.56%
23.77B
+11.85%
25.95B
+21.18%
28.65B
+29.41%
34.28B
+60.13%
36.75B
+54.64%
36.13B
+39.25%
32.25B
+12.54%
30.02B
-12.41%
29.91B
-18.62%
30.09B
-16.72%
31.70B
-1.71%
30.69B
+2.21%
33.91B
+13.37%
32.52B
+8.05%
33.64B
+6.14%
32.09B
+4.56%
33.38B
-1.56%
34.11B
+4.91%
34.24B
+1.79%
33.55B
+4.55%
33.79B
+1.23%
32.43B
-4.94%
33.81B
-1.25%
31.97B
-4.69%
26.77B
-20.79%
55.51B
+71.18%
54.03B
+59.78%
52.46B
+64.09%
50.63B
+89.17%
49.82B
-10.24%
47.68B
-11.75%
45.27B
-13.7%
47.23B
-6.73%
46.45B
-6.77%
44.45B
-6.77%
43.75B
-3.36%
42.75B
-9.48%
41.31B
-11.06%
42.21B
-5.05%
41.32B
-5.56%
41.18B
-3.68%
44.26B
+7.15%
43.11B
+2.12%
40.39B
-2.25%
42.84B
+4.04%
42.88B
-3.13%
40.38B
-6.32%
45.82B
+13.44%
48.72B
+13.72%
48.26B
+12.56%
46.84B
+16%
54.58B
+19.12%
53.85B
+10.55%

IBM Annual Data

Metric
FY'16Dec 31, 2016
FY'17Dec 31, 2017
FY'18Dec 31, 2018
FY'19Dec 31, 2019
FY'20Dec 31, 2020
FY'21Dec 31, 2021
FY'22Dec 31, 2022
FY'23Dec 31, 2023
FY'24Dec 31, 2024
FY'25Dec 31, 2025
Net debt
YoY
33.64B
--
34.24B
+1.79%
33.81B
-1.25%
54.03B
+59.78%
47.68B
-11.75%
44.45B
-6.77%
42.21B
-5.05%
43.11B
+2.12%
40.38B
-6.32%
46.84B
+16%

IBM (IBM) : Definition & Explanation

Net debt is the debt load that remains after subtracting cash and cash equivalents. It is a cleaner way to think about balance sheet burden than gross debt alone.

It matters because companies with similar debt balances can have very different risk profiles if one of them is holding a lot more cash.

Net debt is calculated from reported balance sheet numbers, usually total debt minus cash and cash equivalents.

Investors often read net debt together with EBITDA, interest expense, operating cash flow, and debt maturities. It helps frame whether leverage looks manageable or tight.

IBM (IBM) Net debt vs Competitors | IT Services Comparison

Compare IBM's (IBM) Net debt with competitors. View latest market cap and Net debt performance.

TickerCompanyMarket CapNet debt
IBMIBM216.27B46.84B
SHOPShopify165.33B0.00
ACNAccenture121.07B-6.34B
SNOWSnowflake117.28B-1.75B
NETCloudflare115.23B-835.85M
INFYInfosys43.82B0.00
TWLOTwilio37.45B-1.48B
OKTAOkta31.88B-2.20B
MDBMongoDB30.90B0.00
VRSNVerisign27.37B1.21B
CTSHCognizant Technology26.97B-1.34B
IRENIREN18.39B398.24M
WITWipro17.41B-4.00B
DOCNDigitalOcean15.30B1.04B
AKAMAkamai Technologies15.02B2.92B
GIBCGI14.36B1.99B
ULSUL Solutions12.93B196.00M
GDDYGodaddy12.34B2.70B
QXOQXO11.81B695.00M
ITGartner11.73B1.26B
APLDApplied Digital8.20B3.38B
GDSGDS Holdings6.57B3.45B
DOXAmdocs6.19B321.90M
RNGRingCentral6.00B1.12B
EPAMEpam Systems5.88B-1.27B
MBGLMobility Global5.75B-38.00M
PIImpinj5.54B105.55M
RUMRUM4.51B-237.92M
CCCCCC Intelligent3.86B1.19B
FSLYFastly3.80B80.00K

IBM (IBM) Net debt Related Metrics

Explore key financial metrics related to IBM's (IBM) Net debt. Click on the links below to dive deeper into similar and complementary indicators.

About IBM (IBM)

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