International Business Machines Corporation
IBMNYSETechnology● Active
$280.82
$-4.02(-1.41%)
Market Cap$263.9B
P/E Ratio—
52W High$332.46
52W Low$212.34
International Business Machines Corporation (IBM) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · IBM · as of 2026-06-10
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $10.57B | $6.02B | $7.50B | $1.64B | $5.74B |
| Depreciation & Amort. | $5.02B | $4.67B | $4.40B | $4.80B | $6.42B |
| Stock-Based Comp. | $0.00B | $1.31B | $1.13B | $0.99B | $0.98B |
| Change in Working Capital | ($4.14B) | $1.31B | $2.18B | $0.20B | $1.79B |
| Net Cash from Operations | $13.19B | $13.45B | $13.93B | $10.44B | $12.80B |
| Investing Activities | |||||
| Capital Expenditure | ($1.62B) | ($1.69B) | ($1.81B) | ($1.97B) | ($2.77B) |
| Purchases of Investments | ($0.39B) | ($7.76B) | ($11.14B) | ($5.93B) | ($3.56B) |
| Sales of Investments | $0.00B | $6.54B | $10.65B | $4.67B | $3.15B |
| Net Cash from Investing | ($10.30B) | ($4.94B) | ($7.07B) | ($4.20B) | ($5.97B) |
| Financing Activities | |||||
| Common Stock Repurchased | $0.00B | $0.00B | ($0.40B) | ($0.41B) | ($0.32B) |
| Dividends Paid | ($6.25B) | ($6.15B) | ($6.04B) | ($5.95B) | ($5.87B) |
| Debt Issued / Repaid | $2.87B | ($0.88B) | $4.50B | $1.22B | ($8.12B) |
| Net Cash from Financing | ($3.83B) | ($7.08B) | ($1.77B) | ($4.96B) | ($13.35B) |
| Free Cash Flow | |||||
| Free Cash Flow | $11.57B | $11.76B | $12.12B | $8.46B | $10.03B |
| FCF Margin %(computed) | 17.14% | 18.74% | 19.59% | 13.98% | 17.49% |
Data source: Financial Modeling Prep · Last updated: 2026-06-10 · USD · B
Explore more International Business Machines Corporation data
About International Business Machines Corporation (IBM) Cash Flow Statement
International Business Machines Corporation generated operating cash flow of $13.19B and free cash flow of $11.57B for 2025 — a FCF margin of 17.14%. Capital expenditure was ($1.62B).
Frequently asked questions
IBM · 4 questionsInternational Business Machines Corporation generated free cash flow of $11.57B for 2025, down 1.6% year-over-year.
IBM free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-10