Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -8.3B | -16.8B | -22.2B | 15.0B |
| Net income | 10.7B | 8.0B | 7.1B | 9.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -16.5B | -24.5B | -28.5B | 4.7B |
| Accounts receivable | -2.0B | -1.9B | 211M | 488M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -523M | 1.6B | -1.0B | 66M |
| Investing activities | -349.0B | -299.4B | -45.7B | -41.0B |
| Capital expenditures | -3.1B | -1.0B | -3.0B | -1.9B |
| Net intangibles | -1.3B | -3.4B | -4.0B | -3.4B |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -466.6B | -499.4B | -171.8B | -234.7B |
| Sale of investments | 119.9B | 200.2B | 129.5B | 192.8B |
| Other investing activity | 800M | 801M | -399M | 2.9B |
| Financing activities | -2.8B | -1.7B | -1.9B | -1.3B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 58M | 46M | 0 | 0 |
| Common stock repurchase | -1B | 0 | 0 | 0 |
| Common dividends | -1.9B | -1.8B | -1.9B | -1.3B |
| Other financing charges | -1M | — | — | — |
| End cash position | 1.2T | 1.8T | 2.0T | 2.8T |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -211.8B | 109.3B | -768.0B | 496.0B |