Tesla annual free cash flow
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2025
Tesla Free Cash Flow (FCF) History (TSLA)
Tesla reported $6.22B in free cash flow for fiscal 2025, an increase of 73.69% from the previous fiscal year, with a free cash flow margin of 6.56%.
View full Tesla company overviewTesla free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.22B | $2.64B | +73.69% | +6.56% |
| 2024 | 2024-12-31 | $3.58B | −$776.0M | −17.81% | +3.67% |
| 2023 | 2023-12-31 | $4.36B | −$3.21B | −42.41% | +4.50% |
| 2022 | 2022-12-31 | $7.57B | $2.55B | +50.87% | +9.29% |
| 2021 | 2021-12-31 | $5.01B | $2.23B | +80.01% | +9.32% |
| 2020 | 2020-12-31 | $2.79B | $1.71B | +158.44% | +8.83% |
| 2019 | 2019-12-31 | $1.08B | $1.08B | — | +4.39% |
| 2018 | 2018-12-31 | −$3.0M | $3.47B | — | −0.01% |
| 2017 | 2017-12-31 | −$3.48B | −$2.07B | — | −29.56% |
| 2016 | 2016-12-31 | −$1.40B | $754.7M | — | −20.07% |
| 2015 | 2015-12-31 | −$2.16B | −$1.13B | — | −53.37% |
| 2014 | 2014-12-31 | −$1.03B | −$1.02B | — | −32.12% |
| 2013 | 2013-12-31 | −$6.2M | $499.1M | — | −0.31% |
| 2012 | 2012-12-31 | −$505.3M | −$193.0M | — | −122.28% |
| 2011 | 2011-12-31 | −$312.3M | −$144.2M | — | −152.89% |
| 2010 | 2010-12-31 | −$168.0M | −$75.3M | — | −143.92% |
| 2009 | 2009-12-31 | −$92.7M | — | — | −82.82% |
Tesla quarterly free cash flow
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Q1.19
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Q3.24
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Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$1.09B | −$1.24B | — | −3.87% |
| Q1 2026 | 2026-03-31 | $1.44B | $780.0M | +117.47% | +6.45% |
| Q4 2025 | 2025-12-31 | $1.42B | −$614.0M | −30.19% | +5.70% |
| Q3 2025 | 2025-09-30 | $3.99B | $1.25B | +45.51% | +14.20% |
| Q2 2025 | 2025-06-30 | $146.0M | −$1.19B | −89.10% | +0.65% |
| Q1 2025 | 2025-03-31 | $664.0M | $3.20B | — | +3.43% |
| Q4 2024 | 2024-12-31 | $2.03B | −$29.0M | −1.41% | +7.91% |
| Q3 2024 | 2024-09-30 | $2.74B | $1.89B | +223.35% | +10.89% |
| Q2 2024 | 2024-06-30 | $1.34B | $335.0M | +33.33% | +5.25% |
| Q1 2024 | 2024-03-31 | −$2.54B | −$2.98B | — | −11.90% |
| Q4 2023 | 2023-12-31 | $2.06B | $643.0M | +45.28% | +8.20% |
| Q3 2023 | 2023-09-30 | $848.0M | −$2.45B | −74.28% | +3.63% |
| Q2 2023 | 2023-06-30 | $1.00B | $384.0M | +61.84% | +4.03% |
| Q1 2023 | 2023-03-31 | $441.0M | −$1.79B | −80.21% | +1.89% |
| Q4 2022 | 2022-12-31 | $1.42B | −$1.35B | −48.83% | +5.84% |
| Q3 2022 | 2022-09-30 | $3.30B | $1.97B | +148.27% | +15.37% |
| Q2 2022 | 2022-06-30 | $621.0M | $2.0M | +0.32% | +3.67% |
| Q1 2022 | 2022-03-31 | $2.23B | $1.94B | +660.41% | +11.88% |
| Q4 2021 | 2021-12-31 | $2.77B | $907.0M | +48.55% | +15.66% |
| Q3 2021 | 2021-09-30 | $1.33B | −$67.0M | −4.80% | +9.65% |
| Q2 2021 | 2021-06-30 | $619.0M | $201.0M | +48.09% | +5.18% |
| Q1 2021 | 2021-03-31 | $293.0M | $1.19B | — | +2.82% |
| Q4 2020 | 2020-12-31 | $1.87B | $855.0M | +84.40% | +17.39% |
| Q3 2020 | 2020-09-30 | $1.40B | $1.02B | +276.01% | +15.90% |
| Q2 2020 | 2020-06-30 | $418.0M | −$196.0M | −31.92% | +6.93% |
| Q1 2020 | 2020-03-31 | −$895.0M | $25.0M | — | −14.95% |
| Q4 2019 | 2019-12-31 | $1.01B | $103.0M | +11.32% | +13.72% |
| Q3 2019 | 2019-09-30 | $371.0M | −$509.5M | −57.87% | +5.89% |
| Q2 2019 | 2019-06-30 | $614.0M | $1.35B | — | +9.67% |
| Q1 2019 | 2019-03-31 | −$920.0M | $134.0M | — | −20.26% |
| Q4 2018 | 2018-12-31 | $910.0M | $1.19B | — | +12.59% |
| Q3 2018 | 2018-09-30 | $880.5M | $2.30B | — | +12.90% |
| Q2 2018 | 2018-06-30 | −$739.5M | $419.8M | — | −18.48% |
| Q1 2018 | 2018-03-31 | −$1.05B | −$431.6M | — | −30.92% |
| Q4 2017 | 2017-12-31 | −$277.3M | $692.5M | — | −8.43% |
| Q3 2017 | 2017-09-30 | −$1.42B | −$1.59B | — | −47.48% |
| Q2 2017 | 2017-06-30 | −$1.16B | −$1.01B | — | −41.56% |
| Q1 2017 | 2017-03-31 | −$622.4M | −$156.0M | — | −23.09% |
| Q4 2016 | 2016-12-31 | −$969.8M | −$528.8M | — | −42.45% |
| Q3 2016 | 2016-09-30 | $176.0M | $771.8M | — | +7.66% |
| Q2 2016 | 2016-06-30 | −$144.4M | $420.3M | — | −11.37% |
| Q1 2016 | 2016-03-31 | −$466.5M | $91.4M | — | −40.67% |
| Q4 2015 | 2015-12-31 | −$441.1M | $15.9M | — | −36.32% |
| Q3 2015 | 2015-09-30 | −$595.7M | −$283.6M | — | −63.59% |
| Q2 2015 | 2015-06-30 | −$564.7M | −$387.3M | — | −59.13% |
| Q1 2015 | 2015-03-31 | −$557.9M | −$477.1M | — | −59.35% |
| Q4 2014 | 2014-12-31 | −$457.0M | −$497.3M | — | −47.77% |
| Q3 2014 | 2014-09-30 | −$312.2M | −$338.0M | — | −36.65% |
| Q2 2014 | 2014-06-30 | −$177.3M | −$98.6M | — | −23.05% |
| Q1 2014 | 2014-03-31 | −$80.7M | −$87.1M | — | −13.01% |
| Q4 2013 | 2013-12-31 | $40.3M | $141.9M | — | +6.56% |
| Q3 2013 | 2013-09-30 | $25.8M | $189.2M | — | +5.98% |
| Q2 2013 | 2013-06-30 | −$78.7M | $43.6M | — | −19.43% |
| Q1 2013 | 2013-03-31 | $6.4M | $124.4M | — | +1.13% |
| Q4 2012 | 2012-12-31 | −$101.5M | −$20.2M | — | −33.15% |
| Q3 2012 | 2012-09-30 | −$163.4M | −$73.1M | — | −326.17% |
| Q2 2012 | 2012-06-30 | −$122.3M | −$45.5M | — | −458.74% |
| Q1 2012 | 2012-03-31 | −$118.1M | −$54.3M | — | −391.40% |
| Q4 2011 | 2011-12-31 | −$81.3M | −$27.6M | — | −206.60% |
| Q3 2011 | 2011-09-30 | −$90.3M | — | — | −156.65% |
| Q2 2011 | 2011-06-30 | −$76.8M | — | — | −132.03% |
| Q1 2011 | 2011-03-31 | −$63.8M | — | — | −130.07% |
| Q3 2010 | 2010-09-30 | −$53.7M | — | — | −171.97% |
Tesla free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.79B to $6.22B, a compound annual growth rate of 17.43%. Tesla's latest reported quarter, Q2 2026, generated −$1.09B in free cash flow, a decrease of $1.24B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Tesla filings at SEC.gov ↗