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Change in Inventories at other companies

Intel logo
IntelINTC
$808M+873%
Unisys logo
UnisysUIS
$1M-80.0%
Microsoft logo
MicrosoftMSFT
$161M+410%
NetApp logo
NetAppNTAP
$89M
Amazon logo
AmazonAMZN
-$1.62B-233%
Aptiv logo
AptivAPTV
$185M+69.7%

Other financials

Income statement

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Revenue$15.9B+9.5%
Gross profit$8.9B+11.4%
Net income$1.2B+15.3%
EPS (diluted)$1.28+14.3%

Balance sheet

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Cash & equivalents$10.9B-2.7%
Total debt$77.4B+4.9%
Total equity$33.0B+22.7%
Total assets$156.23B+7.3%

Cash flow

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Operating cash flow$5.2B+18.3%
CapEx$232.0M-4.9%
Free cash flow$4.9B+19.7%

Valuation

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Market cap$264.31B-2.6%
Enterprise value$330.8B-1.5%
P/E24.6×-21.9×
P/S3.8×-0.4×

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp
FCF margin18.7%-1.3pp

Returns & leverage

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Return on equity35.9%+14.1pp
Debt / equity2.3×-0.4×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by International Business Machines in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: International Business Machines’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is International Business Machines's change in inventories?
International Business Machines (IBM) reported change in inventories of -$17.5M in Q4 2025.
How has International Business Machines's change in inventories changed year-over-year?
International Business Machines's change in inventories decreased by 142.2% year-over-year, from $41.5M to -$17.5M.
What is the long-term trend for International Business Machines's change in inventories?
Over 4 years (2021 to 2025), International Business Machines's change in inventories has grown at a -15.6% compound annual growth rate (CAGR), from -$138M to -$70M.
What does change in inventories mean?
Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.