Latest period
$13.09B
YoY change
-1.6%
5Y CAGR
-5.0%
Peak year (2009)
$16.70B
Latest annual
$11.57B
Free Cash Flow history chart for IBM (IBM) from 1989 to 2025
Latest: $11.57B
Free Cash Flow growth chart for IBM (IBM) from 1989 to 2025
Latest: -1.6%
Free Cash Flow history table for IBM (IBM) from 1989 to 2025
| 2025 | $11.57B | -1.6% | −$185.00M | ||
| 2024 | $11.76B | -3.0% | −$361.00M | ||
| 2023 | $12.12B | +43.2% | +$3.66B | ||
| 2022 | $8.46B | -15.6% | −$1.56B | ||
| 2021 | $10.03B | -33.0% | −$4.94B | ||
| 2020 | $14.97B | +26.2% | +$3.10B | ||
| 2019 | $11.86B | +5.1% | +$580.00M | ||
| 2018 | $11.28B | -12.9% | −$1.67B | ||
| 2017 | $12.95B | +0.1% | +$17.00M | ||
| 2016 | $12.93B | -1.3% | −$170.00M | ||
| 2015 | $13.10B | +3.3% | +$419.00M | ||
| 2014 | $12.69B | -4.9% | −$660.00M | ||
| 2013 | $13.35B | -10.2% | −$1.52B | ||
| 2012 | $14.87B | -2.0% | −$310.00M | ||
| 2011 | $15.18B | +2.6% | +$384.00M | ||
| 2010 | $14.79B | -11.4% | −$1.90B | ||
| 2009 | $16.70B | +19.9% | +$2.77B | ||
| 2008 | $13.93B | +31.6% | +$3.34B | ||
| 2007 | $10.58B | +7.4% | +$731.00M | ||
| 2006 | $9.85B | -4.2% | −$427.00M | ||
| 2005 | $10.28B | -0.1% | −$13.00M | ||
| 2004 | $10.29B | +7.6% | +$730.00M | ||
| 2003 | $9.56B | +13.3% | +$1.13B | ||
| 2002 | $8.44B | -2.1% | −$183.00M | ||
| 2001 | $8.62B | +178.7% | +$5.53B | ||
| 2000 | $3.09B | -16.1% | −$595.00M | ||
| 1999 | $3.69B | +47.3% | +$1.19B | ||
| 1998 | $2.50B | +42.4% | +$745.00M | ||
| 1997 | $1.76B | -57.1% | −$2.34B | ||
| 1996 | $4.10B | -20.3% | −$1.04B | ||
| 1995 | $5.14B | -30.1% | −$2.21B | ||
| 1994 | $7.35B | +100.6% | +$3.69B | ||
| 1993 | $3.67B | -1700.9% | +$3.90B | ||
| 1992 | −$229.00M | -200.4% | −$457.00M | ||
| 1991 | $228.00M | -76.3% | −$735.00M | ||
| 1990 | $963.00M | +0.5% | +$5.00M | ||
| 1989 | $958.00M | — | — |
- 2025$11.57B-1.6%
- 2024$11.76B-3.0%
- 2023$12.12B+43.2%
- 2022$8.46B-15.6%
- 2021$10.03B-33.0%
- 2020$14.97B+26.2%
- 2019$11.86B+5.1%
- 2018$11.28B-12.9%
- 2017$12.95B+0.1%
- 2016$12.93B-1.3%
- 2015$13.10B+3.3%
- 2014$12.69B-4.9%
- 2013$13.35B-10.2%
- 2012$14.87B-2.0%
- 2011$15.18B+2.6%
- 2010$14.79B-11.4%
- 2009$16.70B+19.9%
- 2008$13.93B+31.6%
- 2007$10.58B+7.4%
- 2006$9.85B-4.2%
- 2005$10.28B-0.1%
- 2004$10.29B+7.6%
- 2003$9.56B+13.3%
- 2002$8.44B-2.1%
- 2001$8.62B+178.7%
- 2000$3.09B-16.1%
- 1999$3.69B+47.3%
- 1998$2.50B+42.4%
- 1997$1.76B-57.1%
- 1996$4.10B-20.3%
- 1995$5.14B-30.1%
- 1994$7.35B+100.6%
- 1993$3.67B-1700.9%
- 1992−$229.00M-200.4%
- 1991$228.00M-76.3%
- 1990$963.00M+0.5%
- 1989$958.00M—
Free Cash Flow values are taken from IBM's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Free Cash Flow at IBM (IBM)
Free Cash Flow for IBM (IBM): headline value $13.09B · YoY -1.6%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, IBM (IBM) free cash flow totalled $11.57B – edged down 1.6% year-over-year.
IBM free cash flow compound annual growth for the 2020–2025 (5 years) window is -5.0%, with a net decline across the window.
Between 2009 and 2025, IBM free cash flow plunged 30.7%, falling from $16.70B to $11.57B.
The highest annual free cash flow of $16.70B was reported in 2009. The lowest in the available history was −$229.00M in 1992.
IBM Free Cash Flow by Year
IBM Free Cash Flow 2025: $11.57B
IBM free cash flow in 2025 was $11.57B, edged down 1.6% below 2024.
IBM Free Cash Flow 2024: $11.76B
2024's free cash flow for IBM came in at $11.76B, edged down 3.0% below 2023.
IBM Free Cash Flow 2023: $12.12B
IBM posted free cash flow of $12.12B in 2023, surged 43.2% from 2022.
IBM Free Cash Flow 2022: $8.46B
In 2022, IBM reported free cash flow of $8.46B, declined 15.6% below 2021.
IBM Free Cash Flow 2021: $10.03B
IBM free cash flow in 2021 was $10.03B.
See more financial history for IBM (IBM).
Sector peers by Free Cash Flow
Technology peers of IBM (IBM), ranked by their latest free cash flow
| $98.77B | |
| $96.68B | |
| $71.61B | |
| $35.39B | |
| $26.91B | |
| $12.40B | |
| $6.74B | |
| $1.67B |
- $98.77B
- $96.68B
- $71.61B
- $35.39B
- $26.91B
- $12.40B
- $6.74B
- $1.67B
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