Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 60.0B | 49.1B | 35.9B | 33.9B |
| Net income | 24.5B | 19.6B | 17.1B | 14.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 65.4M | 55.7M | 33M | 25M |
| Other non cash items | 39.6B | 32.2B | 23.0B | 21.5B |
| Accounts receivable | -232M | -312.9M | -335.4M | 132.9M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -3.9B | -2.5B | -3.9B | -2.0B |
| Investing activities | 6.7B | -821.3M | 5.1B | -16.8B |
| Capital expenditures | -24.5M | -708.4M | -15.8M | -151M |
| Net intangibles | -112.8M | — | 0 | -2.5B |
| Net acquisitions | -29.9M | -324.2M | 0 | -2.3B |
| Purchase of investments | -315.6B | -340.7B | -176.2B | -155.0B |
| Sale of investments | 322.3B | 340.9B | 181.3B | 140.6B |
| Other investing activity | — | — | -100K | — |
| Financing activities | 78.7B | 88.0B | 59.2B | -1.7B |
| Long term debt issuance | 411.9B | 401.1B | 232.2B | 148.7B |
| Long term debt payments | -329.9B | -309.9B | -170.0B | -150.3B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | 0 | 2.0B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.3B | -3.2B | -3.0B | -2.0B |
| Other financing charges | 900K | — | — | — |
| End cash position | 3.1B | 5.5B | 1.9B | 1.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -90.4B | -85.7B | -65.3B | 15.0B |