International Business Machines (IBM) Free Cash Flow (2009 - 2026)
International Business Machines (IBM) posted quarterly Free Cash Flow of $2.4 billion for Q2 2026, up 58.82% year-over-year from $1.5 billion in Q2 2025, and down 52.04% quarter-over-quarter from $4.9 billion in Q1 2026.
International Business Machines (IBM) Free Cash Flow (2009 - 2026) Analysis & Trends
International Business Machines' Free Cash Flow history runs 18 years deep, the most recent figure standing at $2.4 billion for Q2 2026.
- In Q2 2026, Free Cash Flow rose 58.82% year-over-year to $2.4 billion; the TTM figure through Jun 2026 stood at $13.8 billion (up 12.67% YoY), while the FY2025 annual figure was $12.1 billion, down 2.38% from the prior year.
- Free Cash Flow for Q2 2026 stood at $2.4 billion, down from $4.9 billion in the prior quarter.
- The five-year high for Free Cash Flow was $4.9 billion in Q1 2026, with the low at $982.0 million in Q2 2022.
- The 5-year median for Free Cash Flow is $2.9 billion (2022), against an average of $3.0 billion.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow sank 52.45% in 2022, then soared 131.57% in 2023.
- International Business Machines' Free Cash Flow stood at $3.6 billion in 2022, then grew by 17.07% to $4.2 billion in 2023, then fell by 3.27% to $4.0 billion in 2024, then retreated by 9.16% to $3.7 billion in 2025, then tumbled by 35.27% to $2.4 billion in 2026.
- Business Quant data shows IBM's Free Cash Flow at $2.4 billion in Q2 2026, $4.9 billion in Q1 2026, and $3.7 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 3.60 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 457.05 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 459.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 264.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 642.50 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 383.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Cdw | 17.49 Bn | 17.13 Bn | 1.32 Bn | -82.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.37 Bn |
| Jun 30, 2026 | 2.37 Bn |
| Mar 31, 2026 | 4.94 Bn |
| Mar 31, 2026 | 4.94 Bn |
| Dec 31, 2025 | 3.66 Bn |
| Dec 31, 2025 | 3.66 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 4.13 Bn |
| Mar 31, 2025 | 4.13 Bn |
| Dec 31, 2024 | 4.03 Bn |
| Dec 31, 2024 | 4.03 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Jun 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 1.85 Bn |
| Mar 31, 2024 | 3.93 Bn |
| Mar 31, 2024 | 3.93 Bn |