Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -147.3B | -104.4B | -75.2B | -81.6B |
| Net income | 220.8B | 193.1B | 155.3B | 95.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 3.9B | 2.7B | 2.2B | 1.6B |
| Other non cash items | -369.7B | -296.5B | -230.5B | -176.0B |
| Accounts receivable | -2.1B | -4.6B | -934.3M | -3.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -220.8M | 837M | -1.3B | 907.3M |
| Investing activities | -22.7B | -76.8B | -106.1B | 62.0B |
| Capital expenditures | -5.5B | -5.6B | -4.7B | -3.6B |
| Net intangibles | -5.0B | -4.3B | -3.9B | -2.6B |
| Net acquisitions | 0 | -2.7B | -927.4M | 0 |
| Purchase of investments | -479.0B | -1.4T | -3.2T | -2.4T |
| Sale of investments | 461.8B | 1.3T | 3.1T | 2.5T |
| Other investing activity | — | — | — | — |
| Financing activities | 707.4B | 826.2B | 508.2B | 323.8B |
| Long term debt issuance | 849.7B | 726.7B | 668.6B | 417.9B |
| Long term debt payments | -390.3B | -343.8B | -364.7B | -184.4B |
| Short term debt issuance | 87.9B | 220.2B | 79.2B | 46.7B |
| Common stock issuance | 77.1B | 93.6B | 1.6B | 1.7B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -22.3B | -18.1B | -12.1B | -6.0B |
| Other financing charges | 105.3B | 147.6B | 135.6B | 47.8B |
| End cash position | 36.4B | 40.3B | 15.5B | 33.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -692.4B | -738.0B | -429.9B | -377.2B |