Tesla, Inc. (TSLA)

Tesla Income Statement

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

Period Ending	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Revenue	95,318	94,745	96,773	95,924	94,028	86,035	81,462	74,863	67,166	62,190	53,823	46,848	41,862	35,940	31,536	28,176	25,708	26,022	24,578	24,420
Revenue Growth (YoY)	1.37%	10.12%	18.80%	28.13%	39.99%	38.34%	51.35%	59.80%	60.45%	73.04%	70.67%	66.27%	62.84%	38.11%	28.31%	15.38%	3.08%	15.18%	14.52%	39.36%
Cost of Revenue	78,428	77,900	79,113	76,925	73,825	66,131	60,609	54,940	48,965	45,339	40,217	36,023	32,634	28,329	24,906	22,221	20,625	21,285	20,509	20,299
Gross Profit	16,890	16,845	17,660	18,999	20,203	19,904	20,853	19,923	18,201	16,851	13,606	10,825	9,228	7,611	6,630	5,955	5,083	4,737	4,069	4,121
Selling, General & Admin	5,186	5,098	4,800	4,552	4,260	4,030	3,946	4,408	4,441	4,453	4,517	3,992	3,929	3,617	3,188	2,918	2,583	2,569	2,646	2,615
Research & Development	4,480	4,349	3,969	3,685	3,257	2,981	3,075	3,005	2,883	2,792	2,593	2,375	2,130	1,833	1,491	1,314	1,282	1,327	1,343	1,354
Other Operating Expenses	37	-	-	34	70	176	176	106	157	-27	-27	-27	-78	-	-	-	-	-	-	-
Operating Expenses	9,703	9,447	8,769	8,271	7,587	7,187	7,197	7,519	7,481	7,218	7,083	6,340	5,981	5,450	4,679	4,232	3,865	3,896	3,989	3,969
Operating Income	7,187	7,398	8,891	10,728	12,616	12,717	13,656	12,404	10,720	9,633	6,523	4,485	3,247	2,161	1,951	1,723	1,218	841	80	152
Interest Expense	-261	-203	-156	-128	-143	-159	-191	-241	-313	-333	-371	-529	-566	-675	-748	-702	-738	-756	-725	-748
Interest & Investment Income	1,313	1,203	1,066	890	694	482	297	165	89	74	56	37	33	30	30	34	43	45	44	41
Currency Exchange Gain (Loss)	122	122	122	-89	-89	-89	-89	42	35	97	97	85	-14	-95	-114	-198	-1	-10	48	97
Other Non Operating Income (Expenses)	-102	206	50	364	242	-58	46	37	122	66	38	9	17	52	-8	37	36	35	37	17
EBT Excluding Unusual Items	8,259	8,726	9,973	11,765	13,320	12,893	13,719	12,407	10,653	9,537	6,343	4,087	2,717	1,473	1,111	894	558	155	-516	-441
Merger & Restructuring Charges	-583	-	-	-	36	-	-	-36	-36	-101	-	-	-	101	-	12	12	-43	-87	-100
Asset Writedown	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	-15	-15
Legal Settlements	-	-	-	-	-	-	-	-	-	-	-	-	43	43	43	43	-	-	-	-4
Pretax Income	7,676	8,726	9,973	11,765	13,356	12,893	13,719	12,371	10,617	9,436	6,343	4,087	2,760	1,617	1,154	949	570	50	-665	-607
Income Tax Expense	-4,783	-4,853	-5,001	1,027	1,165	1,047	1,132	1,148	1,066	976	699	490	453	359	292	251	91	89	110	90
Earnings From Continuing Operations	12,459	13,579	14,974	10,738	12,191	11,846	12,587	11,223	9,551	8,460	5,644	3,597	2,307	1,258	862	698	479	-39	-775	-697
Minority Interest in Earnings	-71	34	23	18	4	-95	-31	-33	-35	-61	-125	-129	-126	-115	-141	-142	-111	-105	-87	-130
Net Income	12,388	13,613	14,997	10,756	12,195	11,751	12,556	11,190	9,516	8,399	5,519	3,468	2,181	1,143	721	556	368	-144	-862	-827
Preferred Dividends & Other Adjustments	-2	-2	-2	-35	-35	-32	-27	3	3	-	-5	-	31	31	31	31	-	-	8	8
Net Income to Common	12,390	13,615	14,999	10,791	12,230	11,783	12,583	11,187	9,513	8,399	5,524	3,468	2,150	1,112	690	525	368	-144	-870	-835
Net Income Growth	1.58%	15.85%	19.44%	-3.88%	28.15%	39.91%	127.50%	222.66%	336.31%	634.82%	665.46%	523.74%	492.66%	-	-	-	-	-	-	-
Shares Outstanding (Basic)	3,185	3,180	3,174	3,168	3,161	3,146	3,130	3,101	3,064	3,014	2,959	2,912	2,867	2,834	2,798	2,762	2,730	2,699	2,661	2,637
Shares Outstanding (Diluted)	3,490	3,489	3,485	3,480	3,477	3,474	3,475	3,448	3,432	3,404	3,386	3,410	3,414	3,353	3,249	3,059	2,873	2,699	2,661	2,637
Shares Change (YoY)	0.37%	0.44%	0.29%	0.93%	1.33%	2.05%	2.63%	1.14%	0.51%	1.52%	4.22%	11.45%	18.85%	24.26%	22.10%	16.01%	10.24%	4.62%	3.99%	3.66%
EPS (Basic)	3.89	4.28	4.73	3.41	3.87	3.75	4.02	3.61	3.11	2.79	1.87	1.19	0.75	0.39	0.25	0.19	0.13	-0.05	-0.33	-0.32
EPS (Diluted)	3.56	3.92	4.30	3.10	3.52	3.39	3.62	3.24	2.77	2.46	1.63	1.02	0.63	0.33	0.21	0.17	0.13	-0.05	-0.33	-0.32
EPS Growth	1.06%	15.35%	18.74%	-4.47%	26.92%	37.77%	121.61%	218.32%	338.85%	640.37%	678.13%	484.90%	387.03%	-	-	-	-	-	-	-
Free Cash Flow	1,717	1,382	4,357	3,714	6,162	5,778	7,561	8,912	6,937	6,925	4,983	4,067	4,124	3,913	2,711	1,832	799	997	973	878
Free Cash Flow Per Share	0.49	0.40	1.25	1.07	1.77	1.66	2.18	2.58	2.02	2.03	1.47	1.19	1.21	1.17	0.83	0.60	0.28	0.37	0.37	0.33
Gross Margin	17.72%	17.78%	18.25%	19.81%	21.49%	23.13%	25.60%	26.61%	27.10%	27.10%	25.28%	23.11%	22.04%	21.18%	21.02%	21.14%	19.77%	18.20%	16.56%	16.88%
Operating Margin	7.54%	7.81%	9.19%	11.18%	13.42%	14.78%	16.76%	16.57%	15.96%	15.49%	12.12%	9.57%	7.76%	6.01%	6.19%	6.12%	4.74%	3.23%	0.33%	0.62%
Profit Margin	13.00%	14.37%	15.50%	11.21%	12.97%	13.66%	15.41%	14.95%	14.17%	13.51%	10.25%	7.40%	5.21%	3.18%	2.29%	1.97%	1.43%	-0.55%	-3.51%	-3.39%
Free Cash Flow Margin	1.80%	1.46%	4.50%	3.87%	6.55%	6.72%	9.28%	11.90%	10.33%	11.14%	9.26%	8.68%	9.85%	10.89%	8.60%	6.50%	3.11%	3.83%	3.96%	3.60%
EBITDA	12,178	12,265	13,558	15,152	16,761	16,630	17,403	16,010	14,131	12,803	9,434	7,166	5,751	4,551	4,273	4,004	3,445	3,018	2,172	2,164
EBITDA Margin	12.78%	12.95%	14.01%	15.80%	17.83%	19.33%	21.36%	21.39%	21.04%	20.59%	17.53%	15.30%	13.74%	12.66%	13.55%	14.21%	13.40%	11.60%	8.84%	8.86%
D&A For EBITDA	4,991	4,867	4,667	4,424	4,145	3,913	3,747	3,606	3,411	3,170	2,911	2,681	2,504	2,390	2,322	2,281	2,227	2,177	2,092	2,012
EBIT	7,187	7,398	8,891	10,728	12,616	12,717	13,656	12,404	10,720	9,633	6,523	4,485	3,247	2,161	1,951	1,723	1,218	841	80	152
EBIT Margin	7.54%	7.81%	9.19%	11.18%	13.42%	14.78%	16.76%	16.57%	15.96%	15.49%	12.12%	9.57%	7.76%	6.01%	6.19%	6.12%	4.74%	3.23%	0.33%	0.62%
Effective Tax Rate	-	-	-	8.73%	8.72%	8.12%	8.25%	9.28%	10.04%	10.34%	11.02%	11.99%	16.41%	22.20%	25.30%	26.45%	15.96%	178.00%	-	-
Revenue as Reported	95,318	94,745	96,773	95,924	94,028	86,035	81,462	74,863	67,166	62,190	53,823	46,848	41,862	35,940	31,536	28,176	25,708	26,022	24,578	24,420

Source: S&P Capital IQ. Standard template.