Tesla, Inc.TSLAEarnings & Financial Report
Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures, and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Revenue
$24.9B
Gross Profit
$5.0B
Operating Profit
$1.4B
Net Profit
$840.0M
Gross Margin
20.1%
Operating Margin
5.7%
Net Margin
3.4%
YoY Growth
-3.1%
EPS
$0.24
Tesla, Inc. Q4 FY2025 Financial Summary
Tesla, Inc. reported revenue of $24.9B (down 3.1% YoY) for Q4 FY2025, with a net profit of $840.0M (down 63.7% YoY) (3.4% margin). Cost of goods sold was $19.9B, operating expenses totaled $3.6B.
Key Financial Metrics
| Total Revenue | $24.9B |
|---|---|
| Net Profit | $840.0M |
| Gross Margin | 20.1% |
| Operating Margin | 5.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Tesla, Inc. Q4 FY2025 revenue of $24.9B breaks down across 6 segments, led by Automotive Sales at $16.8B (67.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Automotive Sales | $16.8B | 67.3% |
| Energy Generation And Storage Sales | $3.7B | 14.9% |
| Services & Other | $3.4B | 13.5% |
| Automotive Regulatory Credits | $542.0M | 2.2% |
| Automotive Leasing | $401.0M | 1.6% |
| Energy Generation And Storage Leasing | $115.0M | 0.5% |
Tesla, Inc. Revenue by Segment — Quarterly Trend
Tesla, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Automotive Sales and Energy Generation And Storage Sales) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Automotive Sales | $15.5B | $16.8B | $20.4B | $15.8B |
| Energy Generation And Storage Sales | — | $3.7B | $3.3B | $2.6B |
| Services & Other | $3.7B | $3.4B | $3.5B | $3.0B |
| Automotive Regulatory Credits | $380.0M | $542.0M | $417.0M | $439.0M |
| Automotive Leasing | $381.0M | $401.0M | $429.0M | $435.0M |
Tesla, Inc. Annual Revenue by Year
Tesla, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $94.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $94.8B |
| 2024 | $97.7B |
Tesla, Inc. Quarterly Revenue & Net Profit History
Tesla, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $22.4B | +16.0% | $477.0M | 2.1% |
| Q4 FY2025 | $24.9B | -3.1% | $840.0M | 3.4% |
| Q3 FY2025 | $28.1B | +11.6% | $1.4B | 4.9% |
| Q2 FY2025 | $22.5B | -11.8% | $1.2B | 5.2% |
| Q1 FY2025 | $19.3B | -9.2% | $409.0M | 2.1% |
| Q4 FY2024 | $25.7B | +2.1% | $2.3B | 9.0% |
| Q3 FY2024 | $25.2B | +7.8% | $2.2B | 8.6% |
| Q2 FY2024 | $25.5B | +2.3% | $1.5B | 5.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.50B | $25.18B | $25.71B | $19.34B | $22.50B | $28.09B | $24.90B | $22.39B |
| YoY Growth | 2.3% | 7.8% | 2.1% | -9.2% | -11.8% | 11.6% | -3.1% | 16.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $112.83B | $119.85B | $122.07B | $125.11B | $128.57B | $133.74B | $137.81B | $125.11B |
| Liabilities | $45.57B | $49.14B | $48.39B | $49.69B | $50.49B | $53.02B | $54.94B | $49.69B |
| Equity | $66.47B | $69.93B | $72.91B | $74.65B | $77.31B | $79.97B | $82.14B | $74.65B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.61B | $6.25B | $4.81B | $2.16B | $2.54B | $6.24B | $3.81B | $3.94B |