Growth Metrics

International Business Machines (IBM) Free Cash Flow (2016 - 2025)

International Business Machines (IBM) has 17 years of Free Cash Flow data on record, last reported at $3.7 billion in Q4 2025.

  • For Q4 2025, Free Cash Flow fell 9.16% year-over-year to $3.7 billion; the TTM value through Dec 2025 reached $12.1 billion, down 2.38%, while the annual FY2025 figure was $12.1 billion, 2.38% down from the prior year.
  • Free Cash Flow reached $3.7 billion in Q4 2025 per IBM's latest filing, up from $2.8 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $4.4 billion in Q1 2021 and bottomed at $982.0 million in Q2 2022.
  • Average Free Cash Flow over 5 years is $2.9 billion, with a median of $2.8 billion recorded in 2023.
  • Peak YoY movement for Free Cash Flow: crashed 59.59% in 2021, then skyrocketed 131.57% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at $2.1 billion in 2021, then soared by 69.82% to $3.6 billion in 2022, then increased by 17.07% to $4.2 billion in 2023, then dropped by 3.27% to $4.0 billion in 2024, then decreased by 9.16% to $3.7 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Free Cash Flow were $3.7 billion in Q4 2025, $2.8 billion in Q3 2025, and $1.5 billion in Q2 2025.