Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 141.8B | 107.0B | 88.6B | 42.9B |
| Net income | 126.9B | 99.6B | 82.1B | 35.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 2.6M | 104.7M | 1.7B | 0 |
| Other non cash items | 27.9B | 4.5B | 1.9B | 11.0B |
| Accounts receivable | 1.9B | 1.7B | 1.7B | -3.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -14.8B | 1.0B | 1.1B | 83.1M |
| Investing activities | 36.9B | -1.8B | -1.2B | -343.3M |
| Capital expenditures | -2.2B | -1.8B | -1.2B | -343.3M |
| Net intangibles | -310M | -800.8M | -717.5M | — |
| Net acquisitions | 39.3B | — | — | — |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | -169.3M | — | — | — |
| Financing activities | 447.3B | 278.4B | 120.2B | 86.2B |
| Long term debt issuance | 1.1T | 1.1T | 748.7B | 581.2B |
| Long term debt payments | -766.6B | -844.5B | -686.2B | -565.3B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 55M | 304.6M | 129.3M | 24.8B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -18.6B | -18.8B | -5.6B | -8.5B |
| Other financing charges | 122.3B | 80.9B | 63.1B | 54.1B |
| End cash position | 106.8B | 61.8B | 99.3B | 106.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -439.1B | -313.7B | -178.2B | -88.9B |