Market Cap for IBM (IBM)
According to IBM's latest reported financial statements, the company's latest reported market cap is $230.82B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
IBM
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Latest period
$230.82B
YoY change
-23.1%
5Y CAGR
+12.3%
Peak year (2025)
$281.01B
Latest annual
$216.22B
Market Cap history chart for IBM (IBM) from 1985 to 2026
Market Cap history table for IBM (IBM) from 1985 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $216.22B | -23.1% | ||
| 2025 | $281.01B | +36.4% | ||
| 2024 | $206.02B | +36.6% | ||
| 2023 | $150.81B | +17.3% | ||
| 2022 | $128.53B | +6.3% | ||
| 2021 | $120.91B | +12.2% | ||
| 2020 | $107.80B | -5.7% | ||
| 2019 | $114.31B | +14.9% | ||
| 2018 | $99.48B | -27.6% | ||
| 2017 | $137.37B | -9.6% | ||
| 2016 | $152.00B | +17.7% | ||
| 2015 | $129.18B | -16.5% | ||
| 2014 | $154.78B | -21.7% | ||
| 2013 | $197.61B | -6.5% | ||
| 2012 | $211.39B | -0.8% | ||
| 2011 | $213.19B | +18.1% | ||
| 2010 | $180.47B | +7.6% | ||
| 2009 | $167.72B | +51.0% | ||
| 2008 | $111.08B | -25.8% | ||
| 2007 | $149.77B | +3.9% | ||
| 2006 | $144.15B | +12.8% | ||
| 2005 | $127.79B | -20.6% | ||
| 2004 | $160.91B | +3.5% | ||
| 2003 | $155.45B | +21.3% | ||
| 2002 | $128.14B | -37.5% | ||
| 2001 | $204.86B | +39.2% | ||
| 2000 | $147.13B | -23.7% | ||
| 1999 | $192.80B | +14.0% | ||
| 1998 | $169.07B | +67.3% | ||
| 1997 | $101.03B | +30.9% | ||
| 1996 | $77.18B | +55.3% | ||
| 1995 | $49.70B | +21.0% | ||
| 1994 | $41.06B | +33.0% | ||
| 1993 | $30.88B | +12.2% | ||
| 1992 | $27.52B | -42.6% | ||
| 1991 | $47.94B | -22.4% | ||
| 1990 | $61.76B | +18.4% | ||
| 1989 | $52.15B | -24.3% | ||
| 1988 | $68.87B | +3.5% | ||
| 1987 | $66.52B | -5.0% | ||
| 1986 | $70.00B | -23.2% | ||
| 1985 | $91.16B | — |
Market Cap values are taken from IBM's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
IBM (IBM) most recent annual market cap stands at $216.22B (2026) – declined 23.1% year-over-year.
Across 2021–2026 (5 years), IBM market cap produced a CAGR of +12.3% – with the latest reading among the more recent periods of the dataset.
IBM market cap peaked at $281.01B in 2025; the latest annual figure is $216.22B in 2026 (23.1% below peak).
2025 marks the peak market cap at $281.01B, with the historical low of $27.52B recorded in 1992.
Within Technology, IBM (IBM) ranks 9th among 8 peers we track. The peer median for market cap is $1.96T.
IBM Market Cap by Year
IBM Market Cap 2026: $216.22B
IBM market cap in 2026 was $216.22B, declined 23.1% below 2025.
IBM Market Cap 2025: $281.01B
IBM market cap in 2025 was $281.01B, surged 36.4% from 2024. This figure represents the highest annual value in the available history.
IBM Market Cap 2024: $206.02B
IBM market cap in 2024 was $206.02B, surged 36.6% from 2023.
IBM Market Cap 2023: $150.81B
IBM market cap in 2023 was $150.81B, grew 17.3% from 2022.
IBM Market Cap 2022: $128.53B
IBM market cap in 2022 was $128.53B.
See more financial history for IBM (IBM).
Sector peers — Market Cap
Companies in the same sector as IBM, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | $5.18T | Technology |
| Apple Inc. (AAPL) | $3.98T | Technology |
| Microsoft Corporation (MSFT) | $3.15T | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.03T | Technology |
| Broadcom Inc. (AVGO) | $1.89T | Technology |
| Micron Technology, Inc. (MU) | $568.70B | Technology |
| ASML Holding N.V. (ASML) | $533.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $522.87B | Technology |
Frequently asked questions
What is IBM's market cap?
- Latest reported market cap for IBM (IBM) is $230.82B (period ending March 31, 2026).
How has IBM market cap changed year-over-year?
- IBM (IBM) market cap changed -23.1% year-over-year on the latest annual filing.
What is the long-term growth rate of IBM market cap?
- IBM (IBM) market cap compound annual growth rate is +12.3% over the most recent 5 years available.
When did IBM market cap hit its highest annual value?
- IBM market cap reached its highest annual value of $281.01B in 2025.
What was IBM market cap in 2025?
- IBM (IBM) market cap in 2025 was $281.01B.
What was IBM market cap in 2026?
- IBM (IBM) market cap in 2026 was $216.22B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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