Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -6.4B | 22.9B | 22.0B | -7.9B |
| Net income | 45.4B | 46.2B | 44.5B | 29.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 130M | 480M | 10M | 20M |
| Other non cash items | 6.6B | 3.4B | 1.4B | 880M |
| Accounts receivable | 23.8B | -3.3B | -2.3B | 9.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -82.2B | -24B | -21.6B | -47.6B |
| Investing activities | 2.6B | -3.0B | -22.5B | 11.1B |
| Capital expenditures | -4.7B | -6.7B | -4.2B | -2.2B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | 0 | 0 |
| Purchase of investments | -180.6B | -4.3B | -21.0B | -23.2B |
| Sale of investments | 186.5B | 7.4B | 2.4B | 36.2B |
| Other investing activity | 1.3B | 640M | 300M | 260M |
| Financing activities | 12.3B | -3.9B | 10.1B | 3.4B |
| Long term debt issuance | 700M | 33.0B | 0 | 3.5B |
| Long term debt payments | -3.8B | 0 | -70M | -70M |
| Short term debt issuance | 25.3B | 23.3B | 16.8B | 3.5B |
| Common stock issuance | 0 | -2.0B | 0 | — |
| Common stock repurchase | -60M | -2.4B | 0 | — |
| Common dividends | -9.8B | -8.9B | -6.7B | -3.6B |
| Other financing charges | -80M | -47.0B | — | — |
| End cash position | 4.1B | 4.1B | 2.3B | 2.2B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -10.4B | 10.0B | 9.4B | -9.5B |