Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 153.8B | 154.3B | 76.4B | 20.7B |
| Net income | 196.2B | 174.2B | 104.4B | 47.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -2.4B | -2.0B | -976M | -481M |
| Accounts receivable | -19.8B | -13.2B | -12.7B | -7.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -20.3B | -4.7B | -14.3B | -18.0B |
| Investing activities | -145.2B | -119.6B | -89.1B | -1.6B |
| Capital expenditures | -102.1B | -88.7B | -77.3B | -30.7B |
| Net intangibles | -3.9B | -2.8B | -2.3B | -2.5B |
| Net acquisitions | -180M | -800M | 0 | -1.5B |
| Purchase of investments | -743.8B | -659.0B | -666.0B | -635.3B |
| Sale of investments | 701.0B | 628.9B | 654.1B | 665.8B |
| Other investing activity | — | — | — | — |
| Financing activities | -39.6B | -27.2B | -18.1B | -13.6B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | -331M | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -39.3B | -27.2B | -18.1B | -13.6B |
| Other financing charges | — | — | — | — |
| End cash position | 1.8B | 26.6B | 17.9B | 351M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 55.0B | 76.0B | 27.5B | -16.2B |