Tesla Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,794	7,091	14,997	12,556	5,519
Depreciation & Amortization	6,148	5,368	4,667	3,543	2,911
Asset Writedown & Restructuring Costs	-	-	-	204	-
Stock-Based Compensation	2,825	1,999	1,812	1,560	2,121
Other Operating Activities	1,338	384	-5,972	573	279
Change in Accounts Receivable	-261	-1,083	-586	-1,124	-130
Change in Inventory	-630	937	-1,195	-6,465	-1,709
Change in Accounts Payable	4,376	3,588	2,605	8,029	5,367
Change in Unearned Revenue	363	502	1,532	1,131	793
Change in Other Net Operating Assets	-3,206	-3,863	-4,604	-5,283	-3,654
Operating Cash Flow	14,747	14,923	13,256	14,724	11,497
Operating Cash Flow Growth	-1.18%	12.57%	-9.97%	28.07%	93.45%
Capital Expenditures	-8,527	-11,342	-8,899	-7,163	-6,514
Cash Acquisitions	-	-	-64	-	-
Sale (Purchase) of Intangibles	-	-	-	-9	-
Investment in Securities	-6,951	-7,445	-6,621	-5,813	-132
Other Investing Activities	-	-	-	1,012	-1,222
Investing Cash Flow	-15,478	-18,787	-15,584	-11,973	-7,868
Long-Term Debt Issued	5,586	5,744	3,931	-	8,883
Long-Term Debt Repaid	-5,650	-2,881	-1,815	-3,866	-14,615
Net Debt Issued (Repaid)	-64	2,863	2,116	-3,866	-5,732
Issuance of Common Stock	1,186	1,241	700	541	707
Other Financing Activities	17	-251	-227	-202	-178
Financing Cash Flow	1,139	3,853	2,589	-3,527	-5,203
Foreign Exchange Rate Adjustments	171	-141	4	-444	-183
Net Cash Flow	579	-152	265	-1,220	-1,757
Free Cash Flow	6,220	3,581	4,357	7,561	4,983
Free Cash Flow Growth	73.69%	-17.81%	-42.38%	51.74%	83.81%
Free Cash Flow Margin	6.56%	3.67%	4.50%	9.28%	9.26%
Free Cash Flow Per Share	1.76	1.02	1.25	2.18	1.47
Cash Interest Paid	292	277	126	152	266
Cash Income Tax Paid	1,232	1,330	1,120	1,203	561
Levered Free Cash Flow	3,733	-826.88	2,230	4,004	6,221
Unlevered Free Cash Flow	3,944	-608.13	2,328	4,124	6,453
Change in Working Capital	642	81	-2,248	-3,712	667

Source: S&P Global Market Intelligence. Standard template. Financial Sources.