Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.2T | 864.5B | 669.3B | -501.1B |
| Net income | 282.3B | 141.6B | 102.1B | 412.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -172.9B | -495.0B | -314.4B | -513.1B |
| Accounts receivable | -2.1T | -936.3B | -1.8T | -373.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 3.2T | 2.2T | 2.7T | -27.4B |
| Investing activities | -1.1T | 17.9B | -967.8B | 1.9T |
| Capital expenditures | — | — | — | — |
| Net intangibles | -51.8B | -43.5B | -37.6B | -26.0B |
| Net acquisitions | 111.8B | -4.5B | -6.6B | 1.7T |
| Purchase of investments | -2.6T | -1.8T | -3.0T | -321.2B |
| Sale of investments | 1.4T | 1.8T | 2.1T | 512.3B |
| Other investing activity | -2.7B | 12.6B | -39.3B | -1.7B |
| Financing activities | 601.7B | 43.4B | 827.3B | 178.3B |
| Long term debt issuance | 3.9T | 2.2T | 1.5T | 695.4B |
| Long term debt payments | -3.5T | -1.9T | -1.1T | -243.4B |
| Short term debt issuance | 310.2B | -147.0B | 375.2B | -257.4B |
| Common stock issuance | 3.0B | 19.5B | 98.2B | 693M |
| Common stock repurchase | -10M | -12M | -16M | -23M |
| Common dividends | -48.3B | -40.9B | -37.6B | -31.8B |
| Other financing charges | -69.7B | -96.3B | -3.3B | 14.8B |
| End cash position | 5.5T | 4.6T | 3.2T | 2.5T |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 1.5T | 1.3T | 923.2B | -340.0B |