Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 55.1B | 57.6B | 50.5B | 24.6B |
| Net income | 17.7B | 13.8B | 13.7B | 5.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 43.4B | 40.9B | 23.3B | 21.7B |
| Accounts receivable | -2.2B | 8.9B | -4.5B | -1.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -3.8B | -6.1B | 18.1B | -1.5B |
| Investing activities | 42.9B | -61.1B | -12.0B | -50.7B |
| Capital expenditures | 150M | 730M | 380M | 40M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | 0 | -56.2B |
| Purchase of investments | -6.3B | -740M | -4.8B | -2.1B |
| Sale of investments | — | 840M | — | 3.8B |
| Other investing activity | 49.1B | -61.9B | -7.5B | 3.8B |
| Financing activities | 178.9B | 187.7B | 23.5B | 192.4B |
| Long term debt issuance | 410B | 303.9B | 208.4B | 296.9B |
| Long term debt payments | -250.2B | -169.2B | -160.3B | -139.2B |
| Short term debt issuance | 19.1B | 29.6B | -62.8B | 34.6B |
| Common stock issuance | 0 | 23.4B | 39.0B | 0 |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | -820M | 30M |
| End cash position | 22.1B | 16.1B | 10.0B | 5.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -164.1B | -80.6B | 38.9B | -117.3B |