Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 48.1B | 31.3B | 23.7B | 13.5B |
| Net income | 51.2B | 34.5B | 28.6B | 16.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 36M | -4.7B | 717M | -3.4B |
| Accounts receivable | -5.5B | -2.9B | -2.2B | 1.9B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 2.3B | 4.4B | -3.5B | -1.1B |
| Investing activities | -139.9B | -68.5B | -59.5B | -39.2B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | 1.4B | -791M | -2.9B | 520M |
| Purchase of investments | -38.0B | -5.0B | -431M | -406M |
| Sale of investments | 19.7B | 2.0B | 5.7B | 3.3B |
| Other investing activity | -123.0B | -64.7B | -61.8B | -42.6B |
| Financing activities | 57.1B | 19.6B | 4.3B | -1.5B |
| Long term debt issuance | 101.2B | 80.5B | 47.9B | 27.1B |
| Long term debt payments | -48.4B | -57.9B | -18.2B | -56.5B |
| Short term debt issuance | 27.7B | 1.2B | -20.3B | 33.4B |
| Common stock issuance | 1M | 0 | 0 | 0 |
| Common stock repurchase | -1.0B | -42M | -349M | -13M |
| Common dividends | -5.4B | -3.9B | -2.5B | -25M |
| Other financing charges | -17.0B | -346M | -2.3B | -5.4B |
| End cash position | 56.5B | 60.0B | 54.9B | 50.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 78.7B | 55.5B | 61.2B | 39.3B |