Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 17.4B | 11.6B | 9.5B | 11.0B |
| Net income | 21.4B | 18.6B | 12.8B | 10.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 170M | 370M | 230M | 255M |
| Other non cash items | 340M | -60M | 2.8B | 2.3B |
| Accounts receivable | -3.6B | -8.9B | -3.7B | -2.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -820M | 1.6B | -2.6B | -402M |
| Investing activities | -11.4B | 1.8B | -700M | -3.2B |
| Capital expenditures | -1.6B | -790M | -1.1B | -956M |
| Net intangibles | — | — | — | — |
| Net acquisitions | -130M | -150M | 8.2B | 5M |
| Purchase of investments | -25.9B | -14.6B | -95.3B | -14.4B |
| Sale of investments | 16.3B | 17.3B | 87.5B | 12.1B |
| Other investing activity | — | — | — | — |
| Financing activities | -4.3B | -2.6B | -3.4B | -5.4B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | -530M | — | — | 0 |
| Short term debt issuance | -250M | 250M | -3.4B | -5.4B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.6B | -2.8B | — | — |
| Other financing charges | — | -10M | -10M | -20M |
| End cash position | 13.3B | 10.5B | 1.2B | 545M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 17.9B | 10.2B | 4.8B | 8.4B |