International Business Machines IBM
NYSE IBM
$243.24 +9.17 (+3.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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