Tesla Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	94,827	97,690	96,773	81,462	53,823
Revenue Growth (YoY)	-2.93%	0.95%	18.80%	51.35%	70.67%
Cost of Revenue	77,733	80,240	79,113	60,609	40,217
Gross Profit	17,094	17,450	17,660	20,853	13,606
Selling, General & Admin	5,834	5,150	4,800	3,946	4,517
Research & Development	6,411	4,540	3,969	3,075	2,593
Other Operating Expenses	494	684	-	176	-27
Total Operating Expenses	12,739	10,374	8,769	7,197	7,083
Operating Income	4,355	7,076	8,891	13,656	6,523
Interest Income	1,680	1,569	1,066	297	56
Interest Expense	-338	-350	-156	-191	-371
Other Non-Operating Income (Expense)	-419	695	172	-43	135
Total Non-Operating Income (Expense)	923	1,914	1,082	63	-180
Pretax Income	5,278	8,990	9,973	13,719	6,343
Provision for Income Taxes	1,423	1,837	-5,001	1,132	699
Net Income	3,794	7,091	14,997	12,556	5,519
Minority Interest in Earnings	61	62	-23	31	125
Net Income to Common	3,794	7,091	14,997	12,556	5,519
Net Income Growth	-46.50%	-52.72%	19.44%	127.50%	665.47%
Shares Outstanding (Basic)	3,225	3,197	3,174	3,130	2,959
Shares Outstanding (Diluted)	3,528	3,498	3,485	3,475	3,386
Shares Change (YoY)	0.86%	0.37%	0.29%	2.63%	4.22%
EPS (Basic)	1.18	2.23	4.73	4.02	1.87
EPS (Diluted)	1.08	2.04	4.30	3.62	1.63
EPS Growth	-47.06%	-52.56%	18.79%	122.09%	676.19%
Free Cash Flow	6,220	3,581	4,357	7,561	4,983
Free Cash Flow Growth	73.69%	-17.81%	-42.38%	51.74%	83.81%
Free Cash Flow Per Share	1.76	1.02	1.25	2.18	1.47
Gross Margin	18.03%	17.86%	18.25%	25.60%	25.28%
Operating Margin	4.59%	7.24%	9.19%	16.76%	12.12%
Profit Margin	4.07%	7.32%	15.47%	15.45%	10.49%
FCF Margin	6.56%	3.67%	4.50%	9.28%	9.26%
EBITDA	10,503	12,444	13,558	17,403	9,434
EBITDA Margin	11.08%	12.74%	14.01%	21.36%	17.53%
EBIT	4,355	7,076	8,891	13,656	6,523
EBIT Margin	4.59%	7.24%	9.19%	16.76%	12.12%
Effective Tax Rate	26.96%	20.43%	-50.15%	8.25%	11.02%

Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q