I noticed that the “Net Cash” figures look fishy, it seems like you’re not taking into account Marketable Securities (MS) in the calculation. These are essentially cash. See GOOG and others. (GOOG ended 2025 with almost $100B in MS, for a total of ~$132B Cash & MS)
If “Net Cash” refers to Net Cash Flow, they gained a Net $7B YoY.
Just want to understand how you are calculating these.
Section 12.11 of the Workspace specific terms confirms that Google will not train on customer data(which Gmail emails in workspace are). Incidentally, this is where Generative prompts and responses submitted or created via GA versions of Gemini in workspace are identified as “Customer Data”, which is not used for training. https://workspace.google.com/terms/service-terms/
If “Net Cash” refers to Net Cash Flow, they gained a Net $7B YoY.
Just want to understand how you are calculating these.
Cool design BTW.
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