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

International Business Machines' Free Cash Flow history runs 18 years deep, the most recent figure standing at $4.9 billion for Q1 2026.

• In Q1 2026, Free Cash Flow rose 19.66% year-over-year to $4.9 billion; the TTM figure through Mar 2026 stood at $12.9 billion (up 2.53% YoY), while the FY2025 annual figure was $12.1 billion, down 2.38% from the prior year.
• Free Cash Flow was $4.9 billion for Q1 2026 at International Business Machines, up from $3.7 billion in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $4.9 billion in Q1 2026 to a low of $982.0 million in Q2 2022.
• Historically, Free Cash Flow has averaged $3.0 billion across 5 years, with a median of $3.0 billion in 2022.
• The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 52.45% in 2022, then jumped 131.57% in 2023.
• A 5-year view of Free Cash Flow shows it stood at $3.6 billion in 2022, then increased by 17.07% to $4.2 billion in 2023, then retreated by 3.27% to $4.0 billion in 2024, then decreased by 9.16% to $3.7 billion in 2025, then surged by 34.96% to $4.9 billion in 2026.
• The last three Free Cash Flow figures came in at $4.9 billion (Q1 2026), $3.7 billion (Q4 2025), and $2.8 billion (Q3 2025), per Business Quant data.