International Business Machines (IBM) Cash from Operations (2009 - 2026)
International Business Machines (IBM) posted Cash from Operations of $2.6 billion for Q2 2026, down 49.76% on a QoQ basis from $5.2 billion in Q1 2026, and up 52.67% year-over-year from $1.7 billion in Q2 2025.
Analysis
International Business Machines (IBM) Cash from Operations (2009 - 2026) Analysis & Trends
International Business Machines has reported Cash from Operations for 18 years, with the latest figure at $2.6 billion in Q2 2026.
- On a quarterly basis, Cash from Operations rose 52.67% year-over-year to $2.6 billion in Q2 2026; TTM through Jun 2026 was $14.9 billion, a 12.09% increase from a year earlier, with the FY2025 full-year figure at $13.2 billion, down 1.87% from the prior year.
- Cash from Operations was $2.6 billion for Q2 2026 at International Business Machines, down from $5.2 billion in the prior quarter.
- The five-year high for Cash from Operations was $5.2 billion in Q1 2026, with the low at $1.3 billion in Q2 2022.
- Average Cash from Operations over 5 years is $3.3 billion, with a median of $3.2 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Cash from Operations tumbled 49.68% in 2022, then surged 99.7% in 2023.
- Over 5 years, Cash from Operations stood at $4.0 billion in 2022, then advanced by 12.56% to $4.5 billion in 2023, then declined by 2.98% to $4.3 billion in 2024, then dropped by 6.7% to $4.0 billion in 2025, then sank by 35.72% to $2.6 billion in 2026.
- The last three Cash from Operations figures came in at $2.6 billion (Q2 2026), $5.2 billion (Q1 2026), and $4.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,681.04 Bn | 3,548.29 Bn | 60.48 Bn | 55.44 Bn |
| 2 | International Business Machines | 229.16 Bn | 217.90 Bn | 9.91 Bn | 2.60 Bn |
| 3 | Nebius | 56.81 Bn | 48.77 Bn | 448.70 Mn | 2.25 Bn |
| 4 | CoreWeave | 49.03 Bn | 43.49 Bn | 1.70 Bn | 679.00 Mn |
| 5 | Nutanix | 17.82 Bn | 15.80 Bn | 610.79 Mn | 207.50 Mn |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | 109.97 Mn |
| 7 | Kingsoft Cloud Holdings | 2.97 Bn | 2.28 Bn | 68.71 Mn | 420.17 Mn |
| 8 | SharonAI Holdings | 2.13 Bn | 263.45 Mn | 1.17 Mn | 30.69 Mn |
| 9 | Tuya | 1.10 Bn | 120.87 Mn | 43.05 Mn | 6.17 Mn |
| 10 | Backblaze | 715.48 Mn | 664.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.60 Bn |
| Mar 31, 2026 | 5.17 Bn |
| Dec 31, 2025 | 4.04 Bn |
| Sep 30, 2025 | 3.08 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 4.37 Bn |
| Dec 31, 2024 | 4.33 Bn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 2.07 Bn |
| Mar 31, 2024 | 4.17 Bn |
| Dec 31, 2023 | 4.46 Bn |
| Sep 30, 2023 | 3.06 Bn |
| Jun 30, 2023 | 2.64 Bn |
| Mar 31, 2023 | 3.77 Bn |
| Dec 31, 2022 | 3.97 Bn |
| Sep 30, 2022 | 1.90 Bn |
| Jun 30, 2022 | 1.32 Bn |
| Mar 31, 2022 | 3.25 Bn |
| Dec 31, 2021 | 2.54 Bn |
| Sep 30, 2021 | 2.71 Bn |