Discontinued — last reported Q4 '25

Investing

Acquisitions

International Business Machines Acquisitions increased by 2576.5% to $10.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.4%, from $7.10B to $10.47B. Over 4 years (FY 2021 to FY 2025), Acquisitions shows an upward trend with a 26.0% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

High spending indicates an aggressive growth strategy, while low spending may indicate a focus on organic growth or debt reduction.

Detailed definition

This represents the net cash outflow for the purchase of other businesses or strategic assets, adjusted for any cash acq...

Peer comparison

Highly variable; pharmaceutical companies frequently use M&A to offset patent cliffs and expand therapeutic portfolios.

Metric ID: cf_acquisitions

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.75B$152.00M$275.00M$698.00M$260.00M$62.00M$1.33B$22.00M$334.00M$4.59B$137.00M$82.00M$153.00M$2.51B$541.00M$7.10B$747.00M$58.00M$391.00M$10.47B
QoQ Change-91.3%+80.9%+153.8%-62.8%-76.2%>999%-98.3%>999%>999%-97.0%-40.1%+86.6%>999%-78.5%>999%-89.5%-92.2%+574.1%>999%
YoY Change-85.1%-59.2%+382.9%-96.8%+28.5%>999%-89.7%+272.7%-54.2%-45.2%+294.9%>999%+388.2%-97.7%-27.7%+47.4%
Range$22.00M$10.47B
CAGR+45.8%
Avg YoY Growth>999%
Median YoY Growth+0.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is International Business Machines's acquisitions?
International Business Machines (IBM) reported acquisitions of $10.47B in Q1 2026.
How has International Business Machines's acquisitions changed year-over-year?
International Business Machines's acquisitions increased by 47.4% year-over-year, from $7.10B to $10.47B.
What is the long-term trend for International Business Machines's acquisitions?
Over 4 years (2021 to 2025), International Business Machines's acquisitions has grown at a 26.0% compound annual growth rate (CAGR), from $3.29B to $8.29B.
What does acquisitions mean?
Cash spent to acquire other companies or businesses, net of cash received in the deal.