Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 324.6B | 362.0B | -5.9B | 162.8B |
| Net income | 281.5B | 318.1B | 26.9B | -113.1B |
| Depreciation | — | — | — | 239.3B |
| Deferred taxes | — | — | — | 42.2B |
| StockBased compensation | 480M | 427.3M | 300.3M | 180.5M |
| Other non cash items | 32.3B | 83.6B | 72.4B | 87.0B |
| Accounts receivable | 2.8B | -49.6B | -29.5B | 3.1B |
| Accounts payable | — | — | — | -51.1B |
| Other assets liabilities | 7.6B | 9.4B | -76.0B | -44.8B |
| Investing activities | -273.2B | -69.8B | -82.4B | 6.7B |
| Capital expenditures | -142.2B | -127.4B | -82.1B | -88.1B |
| Net intangibles | -228.5B | -184.4B | -96.0B | -61.3B |
| Net acquisitions | 820M | 2.4B | 787M | 2.4B |
| Purchase of investments | -126.8B | -55.7B | -28.9B | -42.4B |
| Sale of investments | 1.1B | 105.4B | 83.1B | 13B |
| Other investing activity | -6.1B | 5.5B | -55.3B | 121.8B |
| Financing activities | -121.7B | -441.1B | -470.0B | -139.1B |
| Long term debt issuance | 75.7B | 116.3B | 163.2B | 313.1B |
| Long term debt payments | -214.4B | -504.1B | -634.2B | -448.9B |
| Short term debt issuance | 39.7B | -84.6B | -36.3B | -45.7B |
| Common stock issuance | 11.1B | 818.7M | 37.7B | 37.7B |
| Common stock repurchase | -10.7B | — | — | — |
| Common dividends | -23.0B | -7.7B | — | -15.3M |
| Other financing charges | — | 38.1B | -420.4M | 4.8B |
| End cash position | 343.5B | 400.1B | 318.9B | 381.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 250.6B | 365.0B | 172.9B | -8.9B |