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International Business Machines Corp (IBM): Free Cash Flow

Operating cash flow minus capital expenditures for the same annual period and currency, computed by TickerFacts from the filed figures. A simple proxy, not a reported figure; a year without both inputs is left out.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2015-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$12.10B
Year ended 2025-12-31
$13.79B
Trailing 12 months to 2026-06-30
+10.0%
3-year compound annual growth
-4.9%
5-year compound annual growth
-1.2%
10-year compound annual growth
$17.33B2007-12-31: $11.46B2008-12-31: $14.64B2009-12-31: $17.33B2010-12-31: $15.36B2014-12-31: $13.13B2015-12-31: $13.68B2016-12-31: $13.52B2017-12-31: $13.49B2018-12-31: $11.85B2019-12-31: $12.48B2020-12-31: $15.58B2021-12-31: $10.73B2022-12-31: $9.09B2023-12-31: $12.69B2024-12-31: $12.40B2025-12-31: $12.10B$12.10B
2007-12-31 Free Cash Flow (USD) 2025-12-31
Period endedFree Cash FlowChange YoYSource filing
2025-12-31$12.10B-2.4%2026-02-24, From 2025-01-01
2024-12-31$12.40B-2.3%2026-02-24, From 2024-01-01
2023-12-31$12.69B+39.6%2026-02-24, From 2023-01-01
2022-12-31$9.09B-15.3%2025-02-25, From 2022-01-01
2021-12-31$10.73B-31.1%2024-02-26, From 2021-01-01
2020-12-31$15.58B+24.8%2023-02-28, From 2020-01-01
2019-12-31$12.48B+5.3%2022-02-22, From 2019-01-01
2018-12-31$11.85B-12.2%2021-02-23, From 2018-01-01
2017-12-31$13.49B-0.2%2020-02-25, From 2017-01-01
2016-12-31$13.52B-1.2%2019-02-26, From 2016-01-01
2015-12-31$13.68Bn/c2018-02-27, From 2015-01-01
2014-12-31$13.13Bn/a2017-02-28, From 2014-01-01
No annual figure between 2010-12-31 and 2014-12-31.
2010-12-31$15.36Bn/a2013-02-26, From 2009-12-31
2009-12-31$17.33Bn/a2012-02-28, From 2008-12-31
2008-12-31$14.64B+27.7%2011-02-22, From 2008-01-01
2007-12-31$11.46Bn/a2010-02-23, From 2007-01-01

Free Cash Flow at similar companies

Companies with the same SEC industry code (Computer & office Equipment), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedFree Cash FlowChange YoY
International Business Machines Corp (IBM)2025-12-31$12.10B-2.4%
Cisco Systems, Inc. (CSCO)2026-07-25$12.77B-3.9%
HP Inc (HPQ)2025-10-31$2.80B-11.3%
Dell Technologies Inc. (DELL)2026-01-30$8.55B+357.6%
Super Micro Computer, Inc. (SMCI)2026-06-30-$6.97Bn/m
Hewlett Packard Enterprise Co (HPE)2025-10-31$627.00M-68.2%
Sandisk Corp (SNDK)2026-07-03$11.49Bn/m
Western Digital Corp (WDC)2026-07-03$3.51B+174.5%
Seagate Technology Holdings plc (STX)2026-07-03$3.10B+279.6%

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