Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 11.8B | -1.5B | -7.5B | 8.2B |
| Net income | 9.2B | 6.8B | 3.4B | 4.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 868.0M | 80.6M | 50.1M | 38.2M |
| Other non cash items | 1.7B | 1.4B | 730.0M | 847.0M |
| Accounts receivable | -414.3M | -4.4B | -248.1M | -3.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 413.4M | -5.4B | -11.4B | 7.0B |
| Investing activities | -1.9B | -789.8M | 1.6B | -988.8M |
| Capital expenditures | 512.8M | -205.8M | -54.1M | 274.4M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -2.4B | -971.0M | -54.9M | -4.2B |
| Sale of investments | 14.0M | 387.0M | 1.7B | 3.0B |
| Other investing activity | — | — | — | — |
| Financing activities | -2.9B | 5.9B | -2.1B | 2.3B |
| Long term debt issuance | 1B | — | 0 | 3.5B |
| Long term debt payments | -539.4M | -150.5M | -130.4M | -1.1B |
| Short term debt issuance | -2.6B | 6.8B | -1.1B | 800M |
| Common stock issuance | 163.5M | 91.0M | 56.9M | 36.3M |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | -929.5M | -923.1M | -914.6M | -911.6M |
| Other financing charges | 2.9M | 14.6M | — | — |
| End cash position | 6.1B | 4.1B | 1.7B | 10.9B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 8.2B | -1.5B | -8.1B | 7.8B |