Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -120.9B | -61.0B | -49.0B | -28.8B |
| Net income | -1.4B | 21.8B | 9.1B | 4.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 1.1B | 1.0B | 1.6B | 169.5M |
| Other non cash items | 162.3M | -34.3M | -301.8M | 14.2M |
| Accounts receivable | -121.7B | -87.5B | -59.0B | -35.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 873.6M | 3.7B | -366.5M | 1.8B |
| Investing activities | -4.7B | 29.8B | -2.6B | -324.6M |
| Capital expenditures | -128.8M | 165.2M | -510.7M | -382.4M |
| Net intangibles | -151M | -85M | -175.2M | -3.9M |
| Net acquisitions | 0 | 35.3B | 0 | — |
| Purchase of investments | -4.4B | -842.2B | -21.3B | -2.0B |
| Sale of investments | — | 836.4B | 19.1B | 2.1B |
| Other investing activity | -153.2M | -11M | 10.6M | — |
| Financing activities | 108.7B | 43.7B | 57.7B | 29.2B |
| Long term debt issuance | 160.4B | 105.9B | 84.7B | 47.3B |
| Long term debt payments | -93.0B | -81.1B | -42.5B | -47.2B |
| Short term debt issuance | 40.5B | 21.7B | 15.8B | -5.6B |
| Common stock issuance | 795.2M | 302.9M | 43.8M | 34.7B |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | -3.1B | -306M | — |
| Other financing charges | — | — | — | — |
| End cash position | 246.5M | 2.6B | 7.6B | 3.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -106.1B | -75.7B | -51.4B | -29.4B |