Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -177.8B | -164.2B | -149.6B | -15.6B |
| Net income | 44.6B | 42.8B | 53.6B | 19.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 928.7M | 1.0B | 446.4M | 77.8M |
| Other non cash items | 91.2B | 78.6B | 74.5B | 42.4B |
| Accounts receivable | -318M | -3.1B | 2.5B | -2.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -314.2B | -283.6B | -280.7B | -75.4B |
| Investing activities | 7.6B | -46.7B | -28.1B | -15.6B |
| Capital expenditures | -4.5B | -4.0B | -2.4B | -1.8B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 930M | 6.4B | 0 | — |
| Purchase of investments | -15.3B | -38.8B | -28.0B | -16.7B |
| Sale of investments | 23.0B | 3.7B | 2.3B | 4.2B |
| Other investing activity | 3.5B | -14.0B | 31.5M | -1.4B |
| Financing activities | 300.1B | 286.2B | 265.1B | 59.6B |
| Long term debt issuance | 510.5B | 328.6B | 353.9B | 136.4B |
| Long term debt payments | -212.6B | -165.8B | -145.1B | -103.1B |
| Short term debt issuance | — | 91.3B | 53.5B | 24.1B |
| Common stock issuance | 0 | 29.6B | 0 | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | 2.2B | 2.5B | 2.8B | 2.2B |
| End cash position | 43.3B | 15.5B | 17.3B | 20.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -283.9B | -245.0B | -242.7B | -52.5B |