Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 18.9B | 12.5B | 16.6B | 37.7B |
| Net income | 35.6B | 20.3B | 4.5B | 17.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 735M | 713M | 765M | 394M |
| Other non cash items | 5.6B | 9.8B | 12.9B | 16.9B |
| Accounts receivable | -9.7B | -19.1B | 452M | -9.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -13.3B | 829M | -2.0B | 12.7B |
| Investing activities | -4.7B | -1.7B | -755M | 1.3B |
| Capital expenditures | -4.7B | -1.7B | -755M | -330M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | — | — | — | -7.8B |
| Sale of investments | — | — | — | 9.4B |
| Other investing activity | — | — | — | -100K |
| Financing activities | -17.6B | 18.1B | -25.3B | -9.5B |
| Long term debt issuance | 38.0B | 51.3B | 55.2B | 42.4B |
| Long term debt payments | -54.2B | -65.0B | -80.6B | -115.4B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 812M | 32.7B | 100M | 63.5B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -2.2B | -964M | — | — |
| Other financing charges | 12M | — | — | — |
| End cash position | 9.3B | 18.3B | 13.1B | 4.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 10.9B | 23.4B | 26.6B | 19.5B |