Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -51.0B | -49.9B | -42.5B | -49.9B |
| Net income | 29.6B | 25.3B | 28.2B | 14.8B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 59M | 59M | 100M | 135.1M |
| Other non cash items | -79.7B | -74.6B | -69.7B | -64.8B |
| Accounts receivable | -683M | -714.1M | -221.5M | -203.1M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -276.9M | 3.9M | -785M | 116.1M |
| Investing activities | -19.3B | 19.2B | -24.2B | 25.5B |
| Capital expenditures | -3.7B | -2.7B | -4.0B | -2.9B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | -2.1B | 0 | 0 |
| Purchase of investments | -224.5B | -70.9B | -75.4B | -121.2B |
| Sale of investments | 216.1B | 78.4B | 61.9B | 132.0B |
| Other investing activity | -7.2B | 16.5B | -6.7B | 17.7B |
| Financing activities | 177.2B | 162.0B | 190.9B | -31.2B |
| Long term debt issuance | 732.4B | 570.6B | 528.8B | 487.8B |
| Long term debt payments | -584.5B | -418.3B | -306.6B | -506.5B |
| Short term debt issuance | — | — | 1.7B | 0 |
| Common stock issuance | — | — | — | 0 |
| Common stock repurchase | — | — | — | — |
| Common dividends | -7.8B | -7.4B | -4.4B | -991.9M |
| Other financing charges | 37.0B | 17.1B | -28.6B | -11.4B |
| End cash position | 18.3B | 9.0B | 5.9B | 7.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -160.4B | -187.7B | -178.1B | -2.8B |