TSLA · Tesla, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.39B | - | $28.09B | $22.50B | $19.34B | - | $25.18B | $25.50B | $21.30B | - |
| Cost of Revenue | $17.67B | - | $23.04B | $18.62B | $16.18B | - | $20.18B | $20.92B | $17.61B | - |
| Gross Profit | $4.72B | - | $5.05B | $3.88B | $3.15B | - | $5.00B | $4.58B | $3.70B | - |
| R&D | $1.95B | - | $1.63B | $1.59B | $1.41B | - | $1.04B | $1.07B | $1.15B | - |
| SG&A | $1.83B | - | $1.56B | $1.37B | $1.25B | - | $1.19B | $1.28B | $1.37B | - |
| Total Operating Expenses | $3.78B | - | $3.43B | $2.96B | $2.75B | - | $2.28B | $2.97B | $2.52B | - |
| D&A | $1.34B | - | $1.35B | $1.15B | $1.15B | - | $1.05B | $981.00M | $929.00M | - |
| Operating Income | $941.00M | - | $1.62B | $923.00M | $399.00M | - | $2.72B | $1.60B | $1.17B | - |
| Interest Expense | $92.00M | - | $76.00M | $86.00M | $76.00M | - | $38.00M | $86.00M | $76.00M | - |
| Income Tax | $257.00M | - | $570.00M | $359.00M | $169.00M | - | $601.00M | $393.00M | $409.00M | - |
| Net Income | $477.00M | - | $1.37B | $1.17B | $409.00M | - | $2.17B | $1.48B | $1.13B | - |
| EPS - Basic | $0.15 | - | $0.43 | $0.36 | $0.13 | - | $0.68 | $0.46 | $0.37 | - |
| EPS - Diluted | $0.13 | - | $0.39 | $0.33 | $0.12 | - | $0.62 | $0.42 | $0.34 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.60B | $16.51B | $18.29B | $15.59B | $16.35B | $16.14B | $18.11B | $14.63B | $11.80B | $16.40B |
| Accounts Receivable | $3.96B | $4.58B | $4.70B | $3.84B | $3.78B | $4.42B | $3.31B | $3.74B | $3.89B | $3.51B |
| Inventory | $14.43B | $12.39B | $12.28B | $14.57B | $13.71B | $12.02B | $14.53B | $14.20B | $16.03B | $13.63B |
| Accounts Payable | $14.70B | $13.37B | $12.82B | $13.21B | $13.47B | $12.47B | $14.65B | $13.06B | $14.72B | $14.43B |
| Current Assets | $69.75B | $68.64B | $64.65B | $61.13B | $59.39B | $58.36B | $56.38B | $52.98B | $50.53B | $49.62B |
| Total Assets | $143.72B | $137.81B | $133.74B | $128.57B | $125.11B | $122.07B | $119.85B | $112.83B | $109.23B | $106.62B |
| Current Liabilities | $34.14B | $31.71B | $31.29B | $30.01B | $29.75B | $28.82B | $30.58B | $27.73B | $29.45B | $28.75B |
| Long-term Debt | $7.64B | $6.58B | $5.61B | $4.99B | $5.08B | $5.54B | $5.28B | $5.34B | $2.74B | $2.68B |
| Total Liabilities | $58.92B | $54.94B | $53.02B | $50.49B | $49.69B | $48.39B | $49.14B | $45.57B | $44.05B | $43.01B |
| Stockholders' Equity | $84.12B | $82.14B | $79.97B | $77.31B | $74.65B | $72.91B | $69.93B | $66.47B | $64.38B | $62.63B |
| Retained Earnings | $39.48B | $39.00B | $38.16B | $36.79B | $35.62B | $35.21B | $32.66B | $30.49B | $28.12B | $27.88B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.94B | - | - | - | $2.16B | - | - | - | $242.00M | - |
| Investing Cash Flow | ($5.02B) | - | - | - | ($1.65B) | - | - | - | ($5.08B) | - |
| Financing Cash Flow | $1.17B | - | - | - | ($332.00M) | - | - | - | $196.00M | - |
| CapEx | $2.49B | - | - | - | $1.49B | - | - | - | $2.77B | - |
| Free Cash Flow | $1.44B | - | - | - | $664.00M | - | - | - | ($2.53B) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 21.1% | - | 18.0% | 17.2% | 16.3% | - | 19.8% | 18.0% | 17.4% | - |
| Operating margin | 4.2% | - | 5.8% | 4.1% | 2.1% | - | 10.8% | 6.3% | 5.5% | - |
| EBITDA margin | 10.2% | - | 10.6% | 9.2% | 8.0% | - | 15.0% | 10.1% | 9.9% | - |
| Net margin | 2.1% | - | 4.9% | 5.2% | 2.1% | - | 8.6% | 5.8% | 5.3% | - |
| Free cash flow margin | 6.5% | - | - | - | 3.4% | - | - | - | -11.9% | - |
| FCF / Net income | 3.03 | - | - | - | 1.62 | - | - | - | -2.24 | - |
| R&D / Revenue | 8.7% | - | 5.8% | 7.1% | 7.3% | - | 4.1% | 4.2% | 5.4% | - |
| SG&A / Revenue | 8.2% | - | 5.6% | 6.1% | 6.5% | - | 4.7% | 5.0% | 6.5% | - |
| Effective tax rate | 35.0% | - | 29.3% | 23.4% | 29.2% | - | 21.7% | 21.0% | 26.6% | - |
| Return on assets | 0.3% | - | 1.0% | 0.9% | 0.3% | - | 1.8% | 1.3% | 1.0% | - |
| Return on equity | 0.6% | - | 1.7% | 1.5% | 0.5% | - | 3.1% | 2.2% | 1.8% | - |
| Return on invested capital | 0.7% | - | 1.3% | 0.9% | 0.4% | - | 2.8% | 1.8% | 1.3% | - |
| Liquidity | ||||||||||
| Current ratio | 2.04 | 2.16 | 2.07 | 2.04 | 2.00 | 2.02 | 1.84 | 1.91 | 1.72 | 1.73 |
| Quick ratio | 1.62 | 1.77 | 1.67 | 1.55 | 1.54 | 1.61 | 1.37 | 1.40 | 1.17 | 1.25 |
| Cash ratio | 0.49 | 0.52 | 0.58 | 0.52 | 0.55 | 0.56 | 0.59 | 0.53 | 0.40 | 0.57 |
| Leverage | ||||||||||
| Debt / Equity | 0.09 | 0.08 | 0.07 | 0.06 | 0.07 | 0.08 | 0.08 | 0.08 | 0.04 | 0.04 |
| Debt / Assets | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 | 0.03 | 0.03 |
| Debt / EBITDA | 3.35 | - | 1.89 | 2.41 | 3.28 | - | 1.40 | 2.06 | 1.30 | - |
| Interest coverage | 10.2x | - | 21.4x | 10.7x | 5.3x | - | 71.5x | 18.7x | 15.4x | - |
| Equity multiplier | 1.71 | 1.68 | 1.67 | 1.66 | 1.68 | 1.67 | 1.71 | 1.70 | 1.70 | 1.70 |
| Liabilities / Assets | 0.41 | 0.40 | 0.40 | 0.39 | 0.40 | 0.40 | 0.41 | 0.40 | 0.40 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.21 | 0.17 | 0.15 | - | 0.21 | 0.23 | 0.20 | - |
| Inventory turnover | 1.22 | - | 1.88 | 1.28 | 1.18 | - | 1.39 | 1.47 | 1.10 | - |
| Days sales outstanding | 65d | - | 61d | 62d | 71d | - | 48d | 53d | 67d | - |
| Days inventory outstanding | 298d | - | 194d | 286d | 309d | - | 263d | 248d | 332d | - |
| Days payable outstanding | 304d | - | 203d | 259d | 304d | - | 265d | 228d | 305d | - |
| Cash conversion cycle | 59d | - | 52d | 89d | 77d | - | 46d | 73d | 94d | - |
| Valuation | ||||||||||
| P / E | 2859.6x | - | 1140.3x | 962.6x | 2159.7x | - | 422.0x | 471.1x | 517.0x | - |
| P / B | 15.6x | - | 19.6x | 14.5x | 12.2x | - | 13.1x | 10.4x | 9.5x | - |
| P / S | 58.8x | - | 55.8x | 49.7x | 47.2x | - | 36.3x | 27.0x | 28.8x | - |
| EV / EBITDA | 572.7x | - | 523.0x | 534.1x | 581.8x | - | 239.5x | 262.8x | 287.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 15.8% | - | 11.6% | -11.8% | -9.2% | - | 7.8% | 2.3% | -8.7% | - |
| Revenue CAGR (3y) | -1.4% | - | 9.4% | 9.9% | 1.0% | - | 22.3% | 28.7% | 27.0% | - |
| Revenue CAGR (5y) | 16.6% | - | 26.2% | 30.1% | 26.4% | - | 31.9% | 32.1% | 36.2% | - |
| Gross profit growth (YoY) | 49.7% | - | 1.1% | -15.3% | -14.7% | - | 19.6% | 1.0% | -18.1% | - |
| Operating income growth (YoY) | 135.8% | - | -40.2% | -42.5% | -65.9% | - | 54.0% | -33.1% | -56.0% | - |
| Net income growth (YoY) | 16.6% | - | -36.6% | -20.7% | -63.8% | - | 16.9% | -45.3% | -55.1% | - |
| EPS growth (YoY) | 8.3% | - | -37.1% | -21.4% | -64.7% | - | 17.0% | -46.2% | -53.4% | - |
| EPS CAGR (3y) | -43.7% | - | -25.7% | -44.7% | -65.3% | - | -24.5% | -25.6% | -4.5% | - |
| EPS CAGR (5y) | -19.7% | - | 7.6% | -8.0% | 8.4% | - | -4.5% | - | - | - |
| FCF growth (YoY) | 117.5% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | 37.6% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.7% | 12.7% | 14.4% | 16.3% | 16.0% | 16.4% | 30.8% | 30.0% | 34.0% | 40.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$94.83B totalAutomotive Segment$82.06B · 86.5%
Energy Generation And Storage Segment$12.77B · 13.5%
Product / service
$269.74B totalSales And Services$92.61B · 34.3%
Automotive Revenues$69.53B · 25.8%
Automotive Sales$65.82B · 24.4%
Energy Generation And Storage$12.77B · 4.7%
Services And Other$12.53B · 4.6%
Energy Generation And Storage Sales$12.27B · 4.5%
Automotive Regulatory Credits$1.99B · 0.7%
Automotive Leasing$1.71B · 0.6%
Energy Generation And Storage Leasing$501.00M · 0.2%
Geographic
$94.83B totalUS$47.63B · 50.2%
Other Countries$26.24B · 27.7%
CN$20.96B · 22.1%
Peer comparison
Same SIC group: Motor Vehicles & Passenger Car Bodies
Comparing Tesla against the 5 most active filers in the same SIC group.