Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 19.9B | 24.8B | 18.9B | 15.3B |
| Net income | 22.6B | 20.7B | 21.7B | 19.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 571.5M | 881.7M | 1.3B | 651.7M |
| Other non cash items | 702.8M | -958.3M | 605.6M | 391.6M |
| Accounts receivable | -5.3B | 318.6M | -3.7B | -3.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 1.3B | 3.9B | -1.0B | -1.6B |
| Investing activities | -22.7M | -25.1B | 1.5B | -3.1B |
| Capital expenditures | -598.7M | -916.2M | -1.1B | -1.2B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -2.8B | -12.3B | 0 | -5.2B |
| Purchase of investments | -98.1B | -77.2B | -80.5B | -58.6B |
| Sale of investments | 101.5B | 65.3B | 83.1B | 61.9B |
| Other investing activity | — | — | — | — |
| Financing activities | -35.1B | 16.8B | -15.5B | -11.7B |
| Long term debt issuance | — | 26.4B | 10.2B | 16.6B |
| Long term debt payments | -20.8B | -13.4B | -13.8B | -16.6B |
| Short term debt issuance | -4.5B | 13.0B | -3.6B | 32.3M |
| Common stock issuance | 575.5M | 301.1M | 270.7M | 441.7M |
| Common stock repurchase | — | — | — | — |
| Common dividends | -10.4B | -9.4B | -8.7B | -12.2B |
| Other financing charges | — | — | — | — |
| End cash position | 9.9B | 8.0B | 10.4B | 8.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 18.4B | 20.9B | 13.5B | 16.0B |