Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -2.5B | -14.0B | -16.8B | -19.0B |
| Net income | -11.3B | 6.6B | 5.1B | 244.3M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 128.9M | 131.1M | 67.2M | 39.2M |
| Other non cash items | 5.3M | -9.5M | -24.4M | -48.4M |
| Accounts receivable | 8.3B | -22.7B | -23.3B | -19.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 341.4M | 1.9B | 1.4B | 47.6M |
| Investing activities | 782.6M | 343.1M | 178.5M | 184.9M |
| Capital expenditures | -29.9M | -164.9M | -75.3M | -62.8M |
| Net intangibles | -38.6M | -28.3M | 0 | -50K |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -122.9B | -127.5B | -77.2B | -67.7B |
| Sale of investments | 123.7B | 128.0B | 77.4B | 67.9B |
| Other investing activity | — | — | — | — |
| Financing activities | -22.1B | 18.5B | 15.9B | 14.2B |
| Long term debt issuance | 40.3B | 71.7B | 52.0B | 42.0B |
| Long term debt payments | -62.5B | -53.3B | -41.9B | -28.5B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 56.9M | 66M | 5.8B | 657.0M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | — | — | — |
| End cash position | 7.8B | 14.7B | 9.5B | 10.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 14.4B | -13.7B | -16.7B | -16.5B |