Filing Flows › International Business Machines (IBM) › Free cash flow
International Business Machines (IBM) free cash flow by quarter
International Business Machines' free cash flow was $3.7B in Q3 2026 (third quarter 2026), +56% from Q2 2026. Over the last 7 quarters it ranged from $1.5B (Q2 2025) to $4.9B (Q1 2026).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $3.7B | +56% | +31% |
| Q2 2026 | $2.4B | -52% | +59% |
| Q1 2026 | $4.9B | +35% | +20% |
| Q4 2025 | $3.7B | +29% | — |
| Q3 2025 | $2.8B | +90% | — |
| Q2 2025 | $1.5B | -64% | — |
| Q1 2025 | $4.1B | — | — |
Q3 2026 at a glance
International Business Machines, Q3 2026: revenue $17.1B (+5% year over year), operating margin 14.5%, net earnings $2.2B, operating cash flow $4.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is International Business Machines' free cash flow?
International Business Machines' free cash flow was $3.7B in Q3 2026 (third quarter 2026), +56% from Q2 2026.
How has International Business Machines' free cash flow changed?
Over the last 7 quarters it ranged from $1.5B (Q2 2025) to $4.9B (Q1 2026).
Q3 2026 results → · How International Business Machines makes money →