Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -209.1B | -189.8B | -157.5B | 13.4B |
| Net income | 105.3B | 136.1B | 145.2B | 122.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 2.0B | 1.8B | 1.2B | 666.5M |
| Other non cash items | 116.1B | 95.3B | 83.8B | 52.7B |
| Accounts receivable | -324.5B | -321.2B | -284.3B | -81.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -108.0B | -101.8B | -103.4B | -80.6B |
| Investing activities | -245.6B | -234.4B | -142.0B | -38.8B |
| Capital expenditures | -165.2B | -193.2B | -119.2B | -85.1B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -104.6B | -34.2B | -7.7B | -42.5B |
| Purchase of investments | -170.1B | -82.2B | -83.7B | -66.8B |
| Sale of investments | 194.3B | 75.3B | 68.6B | 156.5B |
| Other investing activity | — | — | — | -945.7M |
| Financing activities | 466.2B | 360.1B | 277.6B | -52.1B |
| Long term debt issuance | 657.2B | 417.3B | 398.4B | 152.4B |
| Long term debt payments | -237.6B | -191.4B | -164.1B | -210.6B |
| Short term debt issuance | 31.5B | 116.4B | 57.5B | 15.4B |
| Common stock issuance | 29.5B | 9.3B | -1.9B | -1.3B |
| Common stock repurchase | — | -1.7B | -2.2B | -1.5B |
| Common dividends | -15.8B | -11.3B | -11.5B | -10.7B |
| Other financing charges | 1.5B | 21.5B | 1.4B | 4.1B |
| End cash position | 48.8B | 23.9B | 23.1B | 22.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -343.5B | -302.0B | -247.2B | -15.5B |