Tesla (TSLA) FY2022 results: revenue $81.5 billion, up 51.4% on the year
Tesla, Inc. (TSLA) reported revenue of $81.5 billion for fiscal 2022, the year ended 31 December 2022, up 51.4% on the year before. Net income was $12.6 billion, up 127.5%, and diluted earnings per share $3.62. The figures are the company's own, from the 10-K it filed with the SEC on 31 January 2023.
Revenue
$81.5 billion
+51.4% on the year
FY2015FY2022
Operating margin
16.8%
12.1% a year earlier
FY2015FY2022
Net income
$12.6 billion
+127.5% on the year
FY2015FY2022
Diluted EPS
$3.62
+121.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
14,724
11,497
5,943
+28.1%
Capital expenditure
7,158
6,482
3,157
+10.4%
Free cash flow
7,566
5,015
2,786
+50.9%
Free cash flow margin
9.3%
9.3%
8.8%
Cash from investing
-11,973
-7,868
-3,132
Cash from financing
-3,527
-5,203
9,973
Depreciation and amortisation
n/a
1,961
1,621
Share-based compensation
1,560
2,121
1,734
-26.4%
Diluted shares, weighted
3,475m
3,387m
3,249m
+2.6%
Shares outstanding at period end
3,164m
3,099m
2,880m
+2.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
44,704
30,189
22,225
+48.1%
Non-controlling interest
785
826
850
-5.0%
Redeemable equity
409
568
604
-28.0%
Debt
3,099
6,834
11,688
-54.7%
Operating lease liabilities
2,164
1,671
1,254
+29.5%
Finance lease liabilities
568
991
1,094
-42.7%
Other liabilities
30,609
21,052
14,433
+45.4%
Total liabilities and equity
82,338
62,131
52,148
+32.5%
Fixed assets
23,548
18,884
12,747
+24.7%
Goodwill
194
200
207
-3.0%
Intangible assets
215
257
313
-16.3%
Investments
5,932
131
n/a
+4,428.2%
Cash and equivalents
16,253
17,576
19,384
-7.5%
Receivables
2,952
1,913
1,886
+54.3%
Inventory
12,839
5,757
4,101
+123.0%
Other assets
20,405
17,413
13,510
+17.2%
Total assets
82,338
62,131
52,148
+32.5%
10-K for the year ended 31 December 2022, filed 31 January 2023: the filing.