Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 3.2B | 3.8B | 3.3B | 2.1B |
| Net income | 6.7B | 4.4B | 3.3B | 3.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -280M | -70M | 73M | 451M |
| Accounts receivable | -1.5B | -392M | -370M | -107M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -1.6B | -161M | 320M | -1.5B |
| Investing activities | -19.5B | -9.9B | -5.0B | -3.1B |
| Capital expenditures | -11.1B | -4.7B | -3.7B | -2.6B |
| Net intangibles | -601M | -410M | -281M | -288M |
| Net acquisitions | -7.0B | -3.9B | -228M | -478M |
| Purchase of investments | -732M | -6M | -35M | -41M |
| Sale of investments | — | — | — | — |
| Other investing activity | -687M | -1.3B | -1.0B | 71M |
| Financing activities | 26.8B | 8.4B | -973M | 1.0B |
| Long term debt issuance | 25.3B | 3.5B | 2.1B | 8.1B |
| Long term debt payments | -14.6B | -2.6B | -2.0B | -5.8B |
| Short term debt issuance | 5.7B | 3.4B | -1.0B | 1.0B |
| Common stock issuance | 10.5B | 4.1B | 0 | 352M |
| Common stock repurchase | — | — | 0 | -2.5B |
| Common dividends | — | — | — | — |
| Other financing charges | -186M | -36M | -16M | -148M |
| End cash position | 25.5B | 12.3B | 7.1B | 7.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -4.0B | 2.5B | 2.5B | 1.8B |