Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 795.2B | 1.1T | 327.6B | 419.6B |
| Net income | 686.5B | 627.6B | 496.3B | 386.6B |
| Depreciation | 63.0B | 52.3B | 23.5B | 16.8B |
| Deferred taxes | -15.6B | -57.1B | 12.3B | -9.9B |
| StockBased compensation | 24.6B | 20.1B | 14.0B | 13.9B |
| Other non cash items | 34.7B | 18.6B | 4.6B | 790.7M |
| Accounts receivable | -72.9B | -24.1B | -51.4B | -15.6B |
| Accounts payable | 19.4B | 13.0B | 29.9B | 4.4B |
| Other assets liabilities | 55.4B | 447.8B | -201.5B | 22.6B |
| Investing activities | -1.6T | -670.2B | -606.8B | -174.0B |
| Capital expenditures | -65.4B | -52.3B | -43.2B | -26.1B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 149.8B | 0 | 0 |
| Purchase of investments | -4.7T | -4.3T | -1.6T | -1.7T |
| Sale of investments | 3.2T | 3.5T | 1.0T | 1.6T |
| Other investing activity | — | — | — | — |
| Financing activities | -967.4B | -31.6B | 915.0B | 648.8B |
| Long term debt issuance | 661.2B | 1.2T | 1.0T | 722.9B |
| Long term debt payments | -1.5T | -1.4T | -558.1B | -353.3B |
| Short term debt issuance | -13.4B | 222.3B | 535.7B | 314.7B |
| Common stock issuance | — | 76.0B | — | — |
| Common stock repurchase | — | -2.3B | — | — |
| Common dividends | -158.1B | -86.6B | -86.4B | -36.2B |
| Other financing charges | 6.0B | 3.6B | 822.7M | 691.8M |
| End cash position | 2.0T | 2.1T | 1.4T | 1.1T |
| Income tax paid | 195.4B | 199.8B | 163.7B | 148.4B |
| Interest paid | 1.8T | 1.4T | 745.5B | 579.9B |
| Free cash flow | 1.1T | 968.5B | 433.6B | 554.7B |