International Business Machines Corporation (IBM) Cash Flow Statement
International Business Machines Corporation (IBM) generated $15.8B of operating cash flow over the twelve months to 2026-09-30, spent $1.8B on capital expenditure and had free cash flow of $14.0B, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-09-30 · read by EquiReason
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- Market cap
- 239.6B
- P/E TTM
- 21.6
- Dividend yield
- 2.7%
- 52-week
- —
- Next earnings
- 26 Jan, in 94 days
| Line | FY2009 Dec 09 | FY2010 Dec 10 | FY2011 Dec 11 | FY2012 Dec 12 | FY2013 Dec 13 | FY2014 Dec 14 | FY2015 Dec 15 | FY2016 Dec 16 | FY2017 Dec 17 | FY2018 Dec 18 | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Sep 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 20.77 | 19.55 | 19.85 | 19.59 | 17.49 | 16.87 | 17.26 | 17.08 | 16.72 | 15.25 | 14.77 | 18.20 | 12.80 | 10.44 | 13.93 | 13.45 | 13.19 | 15.83 | |
| Capital expenditure | 3.45 | 4.19 | 4.11 | 4.08 | 3.62 | 3.74 | 3.58 | 3.57 | 3.23 | 3.40 | 2.29 | 2.62 | 2.77 | 1.97 | 1.81 | 1.69 | 1.74 | -1.82 | |
| Free cash flow | 17.33 | 15.36 | 15.74 | 15.50 | 13.86 | 13.13 | 13.68 | 13.52 | 13.50 | 11.85 | 12.48 | 15.58 | 10.03 | 8.46 | 12.12 | 11.76 | 11.46 | 14.01 | |
| Dividends paid | 2.86 | 3.18 | 3.47 | 3.77 | 4.06 | 4.27 | 4.90 | 5.26 | 5.51 | 5.67 | 5.71 | 5.80 | 5.87 | 5.95 | 6.04 | 6.15 | 6.26 | — | |
| Share repurchases | 7.43 | 15.38 | 15.05 | 12.00 | 13.86 | 13.68 | 4.61 | 3.50 | 4.34 | 4.44 | 1.36 | — | — | — | — | — | — | — | |
| Stock-based compensation | 0.56 | 0.63 | 0.70 | 0.69 | 0.61 | 0.51 | 0.47 | 0.54 | 0.53 | 0.51 | 0.68 | 0.94 | 0.98 | 0.99 | 1.13 | 1.31 | 1.72 | — |
USD billions · SEC XBRL
International Business Machines Corporation — questions
- What is International Business Machines Corporation's operating cash flow?
- $15.8B over the twelve months to 2026-09-30.
- How much does International Business Machines Corporation spend on capital expenditure?
- $1.8B over the twelve months to 2026-09-30.
- What is International Business Machines Corporation's free cash flow?
- $14.0B over the twelve months to 2026-09-30: operating cash flow minus capital expenditure.
Every figure on this page comes from International Business Machines Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.