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
Q3.10
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Q2.11
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Q4.11
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Q2.12
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Q1.13
Q2.13
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
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Q3.18
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Q1.19
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Q3.19
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Q1.20
Q2.20
Q3.20
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Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
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 | — | — | −206.60% |
| Q3 2011 | 2011-09-30 | −$90.3M | −$36.6M | — | −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 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.
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