International Business Machines (IBM) Free Cash Flow (2009 - 2026)

International Business Machines (IBM) has reported Free Cash Flow for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.

• Quarterly Free Cash Flow rose 58.82% year-over-year to $2.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $13.8 billion (up 12.67% YoY) and the FY2025 annual result came in at $12.1 billion, down 2.38% from the prior year.
• Free Cash Flow eased to $2.4 billion in Q2 2026 per IBM's latest filing, from $4.9 billion in the prior quarter.
• Over the last five years, Free Cash Flow for IBM reached as high as $4.9 billion in Q1 2026 and fell as low as $982.0 million in Q2 2022.
• A 5-year average of $3.0 billion and a median of $2.9 billion in 2022 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2022 — Free Cash Flow sank 52.45% — and 2023, when it surged 131.57%.
• Year by year, Free Cash Flow stood at $3.6 billion in 2022, then gained by 17.07% to $4.2 billion in 2023, then slipped by 3.27% to $4.0 billion in 2024, then dropped by 9.16% to $3.7 billion in 2025, then plunged by 35.27% to $2.4 billion in 2026.
• According to Business Quant data, Free Cash Flow over the past three periods registered $2.4 billion, $4.9 billion, and $3.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.