In millions of USD1Q-20232Q-20233Q-20234Q-20231Q-20242Q-20243Q-20244Q-20241Q-20252Q-20253Q-20254Q-2025
Net cash provided by operating activities – TTM (GAAP)13,24213,95612,16413,25610,98511,53214,47914,92316,83715,76515,74814,747
Capital expenditures – TTM (1)(7,464)(7,794)(8,450)(8,899)(9,603)(9,815)(10,869)(11,342)(10,057)(10,179)(8,914)(8,527)
Free cash flow – TTM (non-GAAP) (1)5,7786,1623,7144,3571,3821,7173,6103,5816,7805,5866,8346,220
In millions of USD1Q-20232Q-20233Q-20234Q-20231Q-20242Q-20243Q-20244Q-20241Q-20252Q-20253Q-20254Q-20
Net income attributable to common stockholders – TTM (GAAP) (2)11,75112,19510,75614,99713,87412,57112,8917,0916,1105,8825,0823,794
Interest expense – TTM159143128156203261315350365365349338
Provision for (benefit from) income taxes – TTM (2)1,0471,1651,027(5,001)(4,779)(4,731)(4,296)1,8371,5231,5111,4791,423
Depreciation, amortization and impairment – TTM3,9134,1454,4244,6674,8674,9915,1045,3685,5695,7246,0016,148
Stock-based compensation expense – TTM1,5601,6441,7471,8121,9181,9121,9041,9992,0482,2442,4502,825
Digital assets loss (gain), net – TTM (2)2043434—(335)(235)(242)(589)(129)(513)(586)68
Adjusted EBITDA – TTM (non-GAAP) (2) (3)18,63419,32618,11616,63115,74814,76915,67616,05615,48615,21314,77514,596