International Business Machines Corporation Free Cash Flow 2007–2025
International Business Machines Corporation reported $12.10B of free cash flow for fiscal 2025. That was 2.4% lower than fiscal 2024. Compared with fiscal 2020, the change was -22.3%.
| Fiscal year | Free Cash Flow | Change (YoY) |
|---|---|---|
| FY 2025 | $12.10B | -2.4% |
| FY 2024 | $12.40B | -2.3% |
| FY 2023 | $12.69B | +39.6% |
| FY 2022 | $9.09B | -15.3% |
| FY 2021 | $10.73B | -31.1% |
| FY 2020 | $15.58B | +24.8% |
| FY 2019 | $12.48B | +5.3% |
| FY 2018 | $11.85B | -12.2% |
| FY 2017 | $13.49B | -0.2% |
| FY 2016 | $13.52B | -1.2% |
| FY 2015 | $13.68B | +4.2% |
| FY 2014 | $13.13B | -5.3% |
| FY 2013 | $13.86B | -10.6% |
| FY 2012 | $15.50B | -1.5% |
| FY 2011 | $15.74B | +2.4% |
| FY 2010 | $15.36B | -11.3% |
| FY 2009 | $17.33B | +18.3% |
| FY 2008 | $14.64B | +27.7% |
| FY 2007 | $11.46B | — |
Source: International Business Machines Corporation SEC filings — cash flow statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open IBM 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
International Business Machines Corporation reported $12.10B of free cash flow for fiscal 2025. That was 2.4% lower than fiscal 2024. Compared with fiscal 2020, the change was -22.3%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
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What is International Business Machines Corporation's free cash flow?
International Business Machines Corporation (IBM) reported free cash flow of $12.10B for fiscal year 2025, per its SEC filings.
How has International Business Machines Corporation's free cash flow changed over time?
Between fiscal 2007 and 2025, IBM's free cash flow grew at roughly 0.3% per year (compound annual rate), from $11.46B to $12.10B.
Where does this data come from?
Figures are computed from International Business Machines Corporation's official SEC filings (cash flow statement (10-K)), refreshed nightly. Not investment advice.