Tesla Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,926	3,855	7,153	14,974	12,587	5,644
Depreciation & Amortization	6,291	6,148	5,368	4,667	3,747	2,911
Stock-Based Compensation	3,282	2,825	1,999	1,812	1,560	2,121
Other Adjustments	1,458	1,277	322	-5,949	542	154
Change in Receivables	-330	-261	-1,083	-586	-1,124	-130
Changes in Inventories	-1,181	-630	937	-1,195	-6,465	-1,709
Changes in Accounts Payable	5,071	4,376	3,588	2,605	8,029	5,367
Changes in Unearned Revenue	317	363	502	1,532	1,131	793
Changes in Other Operating Activities	-2,306	-3,206	-3,863	-4,604	-5,283	-3,654
Operating Cash Flow	16,528	14,747	14,923	13,256	14,724	11,497
Operating Cash Flow Growth	-1.84%	-1.18%	12.57%	-9.97%	28.07%	93.45%
Capital Expenditures	-9,528	-8,527	-11,342	-8,899	-7,163	-6,514
Purchases of Intangible Assets	-	-	-	-	-9	-1,500
Proceeds from Sale of Intangible Assets	-	-	-	-	936	272
Purchases of Investments	-41,414	-37,109	-35,955	-19,112	-5,835	-132
Proceeds from Sale of Investments	32,092	30,158	28,510	12,491	22	-
Payments for Business Acquisitions	-	-	-	-64	-	-
Other Investing Activities	-	-	-	-	76	6
Investing Cash Flow	-18,850	-15,478	-18,787	-15,584	-11,973	-7,868
Long-Term Debt Issued	9,292	5,586	5,744	3,931	-	8,883
Long-Term Debt Repaid	-7,849	-5,650	-2,881	-1,815	-3,866	-14,615
Net Long-Term Debt Issued (Repaid)	1,443	-64	2,863	2,116	-3,866	-5,732
Issuance of Common Stock	1,234	1,186	1,241	700	541	707
Net Common Stock Issued (Repurchased)	1,234	1,186	1,241	700	541	707
Other Financing Activities	-34	17	-251	-227	-202	-178
Financing Cash Flow	2,643	1,139	3,853	2,589	-3,527	-5,203
Effect of Exchange Rate Changes on Cash and Cash Equivalents	84	171	-141	4	-444	-183
Net Cash Flow	405	579	-152	265	-1,220	-1,757
Free Cash Flow	7,000	6,220	3,581	4,357	7,561	4,983
Free Cash Flow Growth	12.54%	73.69%	-17.81%	-42.38%	51.74%	83.81%
FCF Margin	7.15%	6.56%	3.67%	4.50%	9.28%	9.26%
Free Cash Flow Per Share	1.98	1.76	1.02	1.25	2.18	1.47
Levered Free Cash Flow	3,969	2,254	5,144	11,219	2,686	-3,019
Unlevered Free Cash Flow	2,200	1,705	820.1	7,455	6,525	2,998

SEC Filings: 10-K · 10-Q