| Cash flow (USD) | Q2 2026 ended Jun 30, 2026 | Q1 2026 ended Mar 31, 2026 | Q4 2025 ended Dec 31, 2025 | Q3 2025 ended Sep 30, 2025 | Q2 2025 ended Jun 30, 2025 | Q1 2025 ended Mar 31, 2025 | Q4 2024 ended Dec 31, 2024 | Q3 2024 ended Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Net income | 2.17B | 1.22B | 5.60B | 1.74B | 2.19B | 1.05B | 2.91B | -330.00M |
| Depreciation and amortization | 533.00M | 555.00M | 586.00M | 584.00M | 578.00M | 536.00M | 524.00M | 563.00M |
| Stock-based compensation | 498.00M | 506.00M | 430.00M | 444.00M | 441.00M | 401.00M | 345.00M | 330.00M |
| Cash from operations | 2.60B | 5.17B | 4.04B | 3.08B | 1.70B | 4.37B | 4.33B | 2.88B |
| Capital expenditure | -229.00M | -232.00M | -382.00M | -255.00M | -210.00M | -244.00M | -303.00M | -286.00M |
| Free cash flow | 2.37B | 4.94B | 3.66B | 2.83B | 1.49B | 4.13B | 4.03B | 2.60B |
| Acquisitions | -15.00M | -10.46B | -391.00M | -58.00M | -747.00M | -7.10B | -541.00M | -2.51B |
| Cash from investing | -481.00M | -10.49B | 1.42B | -438.00M | 1.70B | -12.98B | -1.38B | -1.59B |
| Dividends paid | -1.59B | -1.58B | -1.57B | -1.57B | -1.56B | -1.55B | -1.55B | -1.54B |
| Cash from financing | -5.73B | 2.72B | -3.41B | -3.01B | -2.85B | 5.44B | -1.68B | -2.77B |
| Net change in cash | -3.65B | -2.78B | 2.04B | -427.00M | 865.00M | -3.00B | 946.00M | -1.26B |
From IBM's 10-K and 10-Q filings with the SEC. Fourth quarters, and quarters where the company only reported year-to-date totals, are worked out by subtracting the earlier quarters. 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.