International Business Machines Corporation
IBM Technology Information Technology Services
International Business Machines Corporation’s revenue for fiscal 2025 (year ended December 2025) was $67.5 billion, up 7.62% from fiscal 2024. In the quarter to June 2026, revenue grew 1.09%, EPS fell 2.54%, free cash flow grew 56.5% and total debt fell 3.39%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for five; insiders bought in the last twelve months.
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International Business Machines Corporation (IBM) Operating cash flow
International Business Machines Corporation's operating cash flow for fiscal 2025 was $13.2B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $14.9B. Over the past ten years it has ranged from $10.4B (fiscal 2022) to $18.2B (fiscal 2020); the current reading is higher than 27% of that period. International Business Machines Corporation ranks 1st of 72 Information Technology Services companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $13.2B | (1.87%) |
| FY2024 | $13.4B | (3.49%) |
| FY2023 | $13.9B | 33.50% |
| FY2022 | $10.4B | (18.45%) |
| FY2021 | $12.8B | (29.68%) |
| FY2020 | $18.2B | 23.20% |
| FY2019 | $14.8B | (3.13%) |
| FY2018 | $15.2B | (8.83%) |
| FY2017 | $16.7B | (2.11%) |
| FY2016 | $17.1B | (0.99%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $2.6B | (49.76%) |
| Mar 2026 | $5.2B | 27.95% |
| Dec 2025 | $4.0B | 31.08% |
| Sep 2025 | $3.1B | 81.19% |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| IBM International Business Machines Corporation | $14.9B |
| ACN Accenture PLC compare | $12.4B |
| FISV Fiserv, Inc. compare | $5.8B |
| INFY American Noble Gas Inc. compare | $4.1B |
| FIS Fidelity National Information Services, Inc. compare | $3.0B |
| CTSH Cognizant Technology Solutions Corporation compare | $2.9B |
| WIT Wipro Limited compare | $1.5B |
| BR Broadridge Financial Solutions, Inc. compare | $1.3B |
| CDW CDW Corporation compare | $981.8M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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