Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 19.3B | 12.4B | 7.9B | -582M |
| Net income | 22.9B | 16.7B | 8.6B | 2.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | 0 | 22M |
| Other non cash items | -1.6B | -821M | -383M | -229M |
| Accounts receivable | -593M | -3.4B | -2.2B | -2.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -1.4B | -96M | 1.9B | -45M |
| Investing activities | -14.7B | -10.7B | -4.7B | -458M |
| Capital expenditures | -3.1B | -3.4B | -1.2B | -1.8B |
| Net intangibles | -904M | -193M | -593M | -99M |
| Net acquisitions | — | — | 0 | -1.0B |
| Purchase of investments | -24.0B | -11.9B | -5.4B | -1.2B |
| Sale of investments | 12.9B | 5.8B | 1.1B | 3.2B |
| Other investing activity | -629M | -1.3B | 766M | 324M |
| Financing activities | -1.9B | -2.3B | -3.5B | 542M |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | -892M | 2.0B | -2.4B | 1.4B |
| Common stock issuance | 73M | 0 | 0 | 0 |
| Common stock repurchase | 0 | -2.5B | -74M | 0 |
| Common dividends | -1.1B | -1.7B | -1.0B | -822M |
| Other financing charges | — | — | — | -18M |
| End cash position | 1.2B | 704M | 1.3B | 1.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 11.9B | 8.5B | 6.4B | -2.0B |