Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 26.5B | 21.7B | 18.4B | 9.0B |
| Net income | 25.2B | 24.0B | 16.7B | 19.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 266.4M | 231.9M | 591K | — |
| Other non cash items | 2.7B | -835.0M | -92.7M | -278.0M |
| Accounts receivable | -1.2B | -2.9B | -2.1B | -659.5M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -511.2M | 1.2B | 3.8B | -9.8B |
| Investing activities | -127.0B | -20.5B | -10.2B | 4.8B |
| Capital expenditures | -4.6B | -3.1B | -7.8B | -4.6B |
| Net intangibles | -593.2M | -670.0M | -430.5M | -18.8B |
| Net acquisitions | -131.3B | 74.0M | -100.7M | 207.0M |
| Purchase of investments | -54.9B | -16.3B | -9.0B | -11.9B |
| Sale of investments | 63.9B | 5.4B | 7.1B | 16.8B |
| Other investing activity | — | -6.7B | -449.7M | 4.3B |
| Financing activities | 58.6B | -3.1B | -24.6B | -211.1M |
| Long term debt issuance | 58.9B | 260.9M | 38.5M | 58.6M |
| Long term debt payments | -50.7B | -3.7B | -17.9B | -6.5B |
| Short term debt issuance | 20.8B | 348.0M | -6.7B | 6.3B |
| Common stock issuance | 29.6B | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | — | — |
| End cash position | 4.0B | 3.8B | 3.0B | 2.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 18.8B | 17.7B | 9.8B | -14.3B |