| Cash flow (USD) | FY 2025 ended Dec 31, 2025 | FY 2024 ended Dec 31, 2024 | FY 2023 ended Dec 31, 2023 | FY 2022 ended Dec 31, 2022 | FY 2021 ended Dec 31, 2021 | FY 2020 ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Net income | 10.59B | 6.02B | 7.50B | 1.64B | 5.74B | 5.59B |
| Depreciation and amortization | 2.28B | 2.17B | 2.11B | 2.41B | 3.89B | 4.23B |
| Stock-based compensation | 1.72B | 1.31B | 1.13B | 987.00M | 982.00M | 937.00M |
| Cash from operations | 13.19B | 13.45B | 13.93B | 10.44B | 12.80B | 18.20B |
| Capital expenditure | -1.09B | -1.05B | -1.25B | -1.35B | -2.06B | -2.62B |
| Free cash flow | 12.10B | 12.40B | 12.69B | 9.09B | 10.73B | 15.58B |
| Acquisitions | -8.29B | -3.29B | -5.08B | -2.35B | -3.29B | -336.00M |
| Cash from investing | -10.30B | -4.94B | -7.07B | -4.20B | -5.97B | -3.03B |
| Dividends paid | -6.25B | -6.15B | -6.04B | -5.95B | -5.87B | -5.80B |
| Cash from financing | -3.83B | -7.08B | -1.77B | -4.96B | -13.35B | -9.72B |
| Net change in cash | -520.00M | 1.07B | 5.10B | 1.03B | -6.72B | 5.36B |
From IBM's 10-K and 10-Q filings with the SEC. Fiscal years are the company's own, so they may not match the calendar. A blank cell means the company did not report that line. New to this? Read cash flow or reading a 10-K.
Revenue, earnings, margins and balance sheet trends drawn by TradingView from its own data, so figures can differ slightly from the SEC table above.