Financials · TSLA

Tesla Inc. (TSLA) financials

For the twelve months ended Sep 30, 2026, Tesla Inc. reported $103.57B of revenue and $3.22B of net income.

Revenue, TTM
$103.57B
Revenue growth, YoY
+8.3%
Net income, TTM
$3.22B
Net income growth, YoY
-36.7%
Net margin
3.1%
Free cash flow, TTM
$3.30B
EPS, diluted, TTM
$0.91
EPS growth, YoY
-37.2%
Cash
$17.85B
Total debt
$7.96B
P/E
422.16
P/S
13.12
Market cap
$1.36T
Annual revenue$94.83B
FY2016FY2025
Annual net income$3.79B
FY2016FY2025
Annual free cash flow$6.22B
FY2016FY2025

TSLA revenue and earnings growth

TSLA revenueQ3 2026$28.05B

Quarter YoY
-0.2%
QoQ
-0.7%
FY YoY
-2.9%
5Y CAGR
+24.6%
10Y CAGR
+37.1%

TSLA revenue was $28.05B in fiscal Q3 2026 (ended Sep 30, 2026), down 0.2% from a year earlier and down 0.7% from the prior quarter. For the full fiscal 2025 it was $94.83B, down 2.9% from fiscal 2024. Compound annual growth was +24.6% over 5 years and +37.1% over 10 years. It rose in 9 of the last 10 fiscal years.

TSLA net incomeQ3 2026$787.00M

Quarter YoY
-42.7%
QoQ
-29.4%
FY YoY
-46.5%
5Y CAGR
+39.4%

TSLA net income was $787.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 42.7% from a year earlier and down 29.4% from the prior quarter. For the full fiscal 2025 it was $3.79B, down 46.5% from fiscal 2024. Compound annual growth was +39.4% over 5 years. It rose in 3 of the last 5 fiscal years.

TSLA EPSQ3 2026$0.22

Quarter YoY
-43.6%
QoQ
-31.3%
FY YoY
-47.1%
5Y CAGR
+38.8%

TSLA diluted EPS was $0.22 in fiscal Q3 2026 (ended Sep 30, 2026), down 43.6% from a year earlier and down 31.3% from the prior quarter. For the full fiscal 2025 it was $1.08, down 47.1% from fiscal 2024. Compound annual growth was +38.8% over 5 years.

TSLA free cash flowQ3 2026$1.53B

Quarter YoY
-61.6%
FY YoY
+73.7%
5Y CAGR
+17.4%

TSLA free cash flow was $1.53B in fiscal Q3 2026 (ended Sep 30, 2026), down 61.6% from a year earlier. For the full fiscal 2025 it was $6.22B, up 73.7% from fiscal 2024. Compound annual growth was +17.4% over 5 years. It rose in 4 of the last 6 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$94.83B$97.69B$96.77B$81.46B$53.82B$31.54B$24.58B$21.46B$11.76B$7.00B
Cost of revenue$77.73B$80.24B$79.11B$60.61B$40.22B$24.91B$20.51B$17.42B$9.54B$5.40B
Gross profit$17.09B$17.45B$17.66B$20.85B$13.61B$6.63B$4.07B$4.04B$2.22B$1.60B
Research and development$6.41B$4.54B$3.97B$3.08B$2.59B$1.49B$1.34B$1.46B$1.38B$834.41M
Selling, general and admin$5.83B$5.15B$4.80B$3.95B$4.52B$3.15B$2.65B$2.83B$2.48B$1.43B
Operating income$4.36B$7.08B$8.89B$13.66B$6.52B$1.99B-$69.00M-$388.00M-$1.63B-$667.34M
Interest expense$338.00M$350.00M$156.00M$191.00M$371.00M$748.00M$685.00M$663.00M$471.00M$198.81M
Pre-tax income$5.28B$8.99B$9.97B$13.72B$6.34B$1.15B-$665.00M-$1.00B-$2.21B-$746.35M
Income tax$1.42B$1.84B-$5.00B$1.13B$699.00M$292.00M$110.00M$58.00M$32.00M$26.70M
Net income$3.79B$7.09B$15.00B$12.56B$5.52B$721.00M-$862.00M-$976.00M-$1.96B-$674.91M
EPS, basic$1.18$2.23$4.73$4.02$1.87$0.25-$0.33-$0.38-$0.79-$0.31
EPS, diluted$1.08$2.04$4.30$3.62$1.63$0.21-$0.33-$0.38-$0.79-$0.31
Diluted shares3.53B3.50B3.48B3.48B3.39B3.25B2.66B2.56B2.49B2.16B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$16.51B$16.14B$16.40B$16.25B$17.58B$19.38B$6.27B$3.69B$3.37B$3.39B
Short-term investments$27.55B$20.42B$12.70B$5.93B$131.00M-----
Receivables$4.58B$4.42B$3.51B$2.95B$1.91B$1.89B$1.32B$949.00M$515.38M$499.14M
Inventory$12.39B$12.02B$13.63B$12.84B$5.76B$4.10B$3.55B$3.11B$2.26B$2.07B
Current assets$68.64B$58.36B$49.62B$40.92B$27.10B$26.72B$12.10B$8.31B$6.57B$6.26B
Goodwill$257.00M$244.00M$253.00M$194.00M$200.00M$207.00M$198.00M$68.00M$60.24M-
Total assets$137.81B$122.07B$106.62B$82.34B$62.13B$52.15B$34.31B$29.74B$28.66B$22.66B
Current liabilities$31.71B$28.82B$28.75B$26.71B$19.70B$14.25B$10.67B$9.99B$7.67B$5.83B
Short-term debt$1.57B$2.34B$1.98B$1.02B$1.09B$1.76B$1.40B$2.22B$799.85M$1.11B
Long-term debt-------$9.40B$9.42B$5.86B
Total debt$6.58B$5.54B$2.68B$1.03B$4.25B$8.46B$10.40B$11.63B$10.22B$6.97B
Total liabilities$54.94B$48.39B$43.01B$36.44B$30.55B$28.42B$26.20B$23.43B$23.02B$16.75B
Shareholders' equity$82.14B$73.62B$63.37B$45.49B$31.02B$23.07B$7.47B$5.76B$5.23B$5.54B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$14.75B$14.92B$13.26B$14.72B$11.50B$5.94B$2.40B$2.10B-$61.00M-$123.83M
Capital expenditures$8.53B$11.34B$8.90B$7.16B$6.48B$3.16B$1.33B$2.10B$3.42B$1.28B
Free cash flow$6.22B$3.58B$4.36B$7.57B$5.01B$2.79B$1.08B-$3.00M-$3.48B-$1.40B
Investing cash flow-$15.48B-$18.79B-$15.58B-$11.97B-$7.87B-$3.13B-$1.44B-$2.34B-$4.20B-$1.08B
Financing cash flow$1.14B$3.85B$2.59B-$3.53B-$5.20B$9.97B$1.53B$574.00M$4.42B$3.74B
Stock-based compensation$2.83B$2.00B$1.81B$1.56B$2.12B$1.73B$898.00M$749.00M$467.00M$334.23M
Depreciation and amortization--------$769.30M$477.30M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-2.9%0.9%18.8%51.4%70.7%28.3%14.5%82.5%68.0%73.0%
Net income growth, YoY-46.5%-52.7%19.4%127.5%665.5%-----
EPS growth, YoY-47.1%-52.6%18.8%122.1%676.2%-----
Gross margin18.0%17.9%18.2%25.6%25.3%21.0%16.6%18.8%18.9%22.8%
Operating margin4.6%7.2%9.2%16.8%12.1%6.3%-0.3%-1.8%-13.9%-9.5%
Net margin4.0%7.3%15.5%15.4%10.3%2.3%-3.5%-4.5%-16.7%-9.6%
Free cash flow margin6.6%3.7%4.5%9.3%9.3%8.8%4.4%-0.0%-29.6%-20.1%
Return on equity4.6%9.6%23.7%27.6%17.8%3.1%-11.5%-17.0%-37.5%-12.2%
Return on assets2.8%5.8%14.1%15.2%8.9%1.4%-2.5%-3.3%-6.8%-3.0%
Current ratio2.162.021.731.531.381.881.130.830.861.07
Debt to equity0.080.080.040.020.140.371.392.021.951.26

Source: XBRL data Tesla Inc. files with the SEC, latest filing dated Oct 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 5-for-1, first reported Oct 26, 2020; 3-for-1, first reported Oct 24, 2022.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TSLA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TSLA$103.57B+8.3%$3.22B3.1%$1.36T
TM¥50.68T+5.5%¥3.85T7.6%$284.28B
RACE€7.15B+7.0%€1.60B22.3%$98.82B
GM$186.95B-0.3%$4.08B2.2%$75.35B
PCAR$29.08B-1.5%$2.76B9.5%$55.02B
F$186.97B-1.4%-$7.79B-4.2%$50.04B
HMC¥21.80T+0.5%-¥423.94B-1.9%$47.05B
RIVN$6.48B+11.1%-$2.98B-45.9%$19.40B
STLA€153.51B-2.1%-€22.33B-14.5%$12.86B

TSLA FAQ

9 questions
  • What is TSLA revenue?
    Tesla Inc. (TSLA) reported $103.57B of revenue for the twelve months ended Sep 30, 2026. That is up 8.3% from the year before. Revenue for fiscal 2025 was $94.83B.
  • Is TSLA profitable?
    Yes. Tesla Inc. earned $3.22B in net income for the twelve months ended Sep 30, 2026, a net margin of 3.1%.
  • How much cash and debt does TSLA have?
    Tesla Inc. reported $17.85B in cash and cash equivalents and $7.96B of debt on its most recent balance sheet in SEC filings.
  • How fast is TSLA revenue growing?
    Tesla Inc.'s revenue changed -2.9% in fiscal 2025, to $94.83B. Its compound annual growth rate was +24.6% over 5 years and +37.1% over 10 years.
  • What is TSLA gross margin?
    Tesla Inc.'s gross profit was $19.97B on $103.57B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 19.3%.
  • What is TSLA free cash flow?
    Tesla Inc. generated $3.30B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $18.71B less capital expenditures.
  • What is TSLA earnings per share?
    Diluted earnings per share were $0.91 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did TSLA last report financial results?
    The latest statements here come from Tesla Inc.'s 10-Q filed on Oct 22, 2026, covering the period ended Sep 30, 2026.
  • Where does this TSLA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Tesla Inc. files with the SEC. It is provided for information only and is not investment advice.