TSLA

MKT CAP:$1.4T

Tesla, Inc.

Market Cap

$1.4T

Consumer Cyclical·Auto - Manufacturers·🇺🇸 United States·NASDAQ

Consumer Cyc.·Auto·🇺🇸·NASDAQ

Stock Price

$376.43-$61.64 (-14.07%)

Apr 24, 2026

Company Details

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and...

CEO

Elon R. Musk

IPO Date

Jun 29, 2010

Website

www.tesla.com

Key Metrics TTM

Revenue

$97.9B

+2.3% YoY

Net Income

$3.9B

EPS (Diluted)

$1.09

Free Cash Flow

$7.0B

Revenue / Share

$27.67

Gross Margin

19.1%

Operating Margin

5.0%

Net Margin

4.0%

FCF Margin

7.2%

P/S

14.4x

P/E

364.3x

Earnings Reports

Q1 2026

Apr 22, 2026

NEW

$22.4B+15.8%EPS $0.13

Q4 2025

Jan 28, 2026

$24.9B-3.1%EPS $0.24

Q3 2025

Oct 22, 2025

$28.1B+11.6%EPS $0.39

Q2 2025

Jul 23, 2025

$22.5B-11.8%EPS $0.33

Q1 2025

Apr 22, 2025

$19.3BEPS $0.12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$17.7B	$4.8B	$2.6B
Q2 22	$16.9B	$4.2B	$2.5B
Q3 22	$21.5B	$5.4B	$3.7B
Q4 22	$24.3B	$5.8B	$3.9B
Q1 23	$23.3B	$4.5B	$2.7B
Q2 23	$24.9B	$4.5B	$2.4B
Q3 23	$23.4B	$4.2B	$1.8B
Q4 23	$25.2B	$4.4B	$2.1B
Q2 24	$25.5B	$4.6B	$1.6B
Q3 24	$25.2B	$5.0B	$2.7B
Q4 24	$25.7B	$4.2B	$1.6B
Q1 25	$19.3B	$3.2B	$399M
Q2 25	$22.5B	$3.9B	$923M
Q3 25	$28.1B	$5.1B	$1.6B
Q4 25	$24.9B	$5.0B	$1.4B
Q1 26	$22.4B	$4.7B	$941M

Valuation

Quarter	P/S	P/E
Q4 21	23.8x	230.6x
Q2 22	12.6x	103.8x
Q3 22	11.0x	80.7x
Q4 22	4.7x	32.7x
Q1 23	7.2x	52.4x
Q2 23	9.5x	72.7x
Q3 23	8.3x	74.2x
Q4 23	7.9x	51.1x
Q2 24	6.8x	48.3x
Q3 24	8.5x	63.0x
Q4 24	13.2x	97.1x
Q1 25	8.7x	132.8x
Q2 25	11.1x	169.1x
Q3 25	15.0x	271.5x
Q4 25	15.7x	391.4x
Q1 26	11.7x	296.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$4.6B	$2.8B
Q2 22	$2.4B	$621M
Q3 22	$5.1B	$3.3B
Q4 22	$3.3B	$1.4B
Q1 23	$2.5B	$440M
Q2 23	$3.1B	$1.0B
Q3 23	$3.3B	$849M
Q4 23	$4.4B	$2.1B
Q2 24	$3.6B	$1.3B
Q3 24	$6.3B	$2.7B
Q4 24	$4.8B	$2.0B
Q1 25	$2.2B	$664M
Q2 25	$2.5B	$146M
Q3 25	$6.2B	$4.0B
Q4 25	$3.8B	$1.4B
Q1 26	$3.9B	$1.4B

Capital Expenditures

Quarter	CapEx
Q4 21	$1.8B
Q2 22	$1.7B
Q3 22	$1.8B
Q4 22	$1.9B
Q1 23	$2.1B
Q2 23	$2.1B
Q3 23	$2.5B
Q4 23	$2.3B
Q2 24	$2.3B
Q3 24	$3.5B
Q4 24	$2.8B
Q1 25	$1.5B
Q2 25	$2.4B
Q3 25	$2.2B
Q4 25	$2.4B
Q1 26	$2.5B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+193.6%	+164.6%
Q2 22	+93.1%	+81.7%
Q3 22	+79.4%	+66.9%
Q4 22	+76.8%	+73.7%
Q1 23	+31.7%	+36.8%
Q2 23	+47.2%	+55.7%
Q3 23	+8.8%	+21.5%
Q4 23	+3.5%	+13.2%
Q2 24	+9.3%	+15.6%
Q3 24	+1.0%	-0.3%
Q4 24	+10.1%	+11.8%
Q1 25	-23.2%	-18.0%
Q2 25	-11.8%	-9.7%
Q3 25	+11.6%	+17.8%
Q4 25	-3.1%	-2.6%
Q1 26	+15.8%	+13.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$558M	3.1%
Q2 22	$361M	2.1%
Q3 22	$362M	1.7%
Q4 22	$419M	1.7%
Q1 23	$418M	1.8%
Q2 23	$445M	1.8%
Q3 23	$465M	2.0%
Q4 23	$484M	1.9%
Q2 24	$439M	1.7%
Q3 24	$457M	1.8%
Q4 24	$579M	2.3%
Q1 25	$573M	3.0%
Q2 25	$635M	2.8%
Q3 25	$663M	2.4%
Q4 25	$954M	3.8%
Q1 26	$1.0B	4.6%

OpEx Breakdown

Quarter	R&D	G&A
Q4 21	$740M	$1.5B
Q2 22	$667M	$961M
Q3 22	$733M	$961M
Q4 22	$810M	$1.0B
Q1 23	$771M	$1.1B
Q2 23	$943M	$1.2B
Q3 23	$1.2B	$1.3B
Q4 23	$1.1B	$1.3B
Q2 24	$1.1B	$1.3B
Q3 24	$1.0B	$1.2B
Q4 24	$1.3B	$1.3B
Q1 25	$1.4B	$1.3B
Q2 25	$1.6B	$1.4B
Q3 25	$1.6B	$1.6B
Q4 25	$1.8B	$1.7B
Q1 26	$1.9B	$1.8B

Revenue Segments

Quarter	Automotive	Energy Generation And Storage Segment	Services And Other
Q4 21	$16.0B	$688M	$1.1B
Q2 22	$14.6B	$866M	$1.5B
Q3 22	$18.7B	$1.1B	$1.6B
Q4 22	$21.3B	$1.3B	$1.7B
Q1 23	$20.0B	$1.5B	$1.8B
Q2 23	$21.3B	$1.5B	$2.1B
Q3 23	$19.6B	$1.6B	$2.2B
Q4 23	$21.6B	$1.4B	$2.2B
Q2 24	$19.9B	$3.0B	$2.6B
Q3 24	$20.0B	$2.4B	$2.8B
Q4 24	$19.8B	$3.1B	$2.8B
Q1 25	$14.0B	$2.7B	$2.6B
Q2 25	$16.7B	$2.8B	$3.0B
Q3 25	$21.2B	$3.4B	$3.5B
Q4 25	$17.7B	$3.8B	$3.4B

Revenue by Geography

Quarter	China	Other Countries	United States
Q4 21	$4.8B	$5.0B	$7.9B
Q2 22	$3.8B	$3.5B	$9.6B
Q3 22	$5.1B	$6.1B	$10.2B
Q4 22	$4.6B	$7.8B	$12.0B
Q1 23	$4.9B	$7.2B	$11.2B
Q2 23	$5.7B	$7.9B	$11.3B
Q3 23	$5.0B	$7.4B	$10.9B
Q4 23	$6.1B	$7.3B	$11.8B
Q2 24	$4.6B	$7.6B	$13.3B
Q3 24	$5.7B	$6.9B	$12.6B
Q4 24	$6.1B	$7.5B	$12.1B
Q1 25	$4.3B	$4.7B	$10.3B
Q2 25	$4.3B	$6.4B	$11.8B
Q3 25	$5.7B	$7.8B	$14.6B
Q4 25	$6.7B	$7.3B	$10.9B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$18.3B	$591M	$18.9B
Q3 22	$19.5B	$1.6B	$21.1B
Q4 22	$16.3B	$5.9B	$22.2B
Q1 23	$16.0B	$6.4B	$22.4B
Q2 23	$15.3B	$7.8B	$23.1B
Q3 23	$15.9B	$10.1B	$26.1B
Q4 23	$16.4B	$12.7B	$29.1B
Q1 24	$11.8B	$15.1B	$26.9B
Q2 24	$14.6B	$16.1B	$30.7B
Q3 24	$18.1B	$15.5B	$33.6B
Q4 24	$16.1B	$20.4B	$36.6B
Q1 25	$16.4B	$20.6B	$37.0B
Q2 25	$15.6B	$21.2B	$36.8B
Q3 25	$18.9B	$23.4B	$42.2B
Q4 25	$16.5B	$27.5B	$44.1B
Q1 26	$16.6B	$28.1B	$44.7B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	4.30B	+27.8%	+38.5%
Q2 22	3.46B	-19.5%	+4.5%
Q3 22	3.47B	+0.1%	+3.3%
Q4 22	3.48B	+0.2%	+3.1%
Q1 23	3.47B	-0.2%	-19.4%
Q2 23	3.48B	+0.3%	+0.4%
Q3 23	3.49B	+0.4%	+0.7%
Q4 23	3.49B	-0.0%	+0.5%
Q2 24	3.48B	-0.3%	+0.4%
Q3 24	3.50B	+0.5%	+0.5%
Q4 24	3.52B	+0.6%	+0.7%
Q1 25	3.52B	+0.1%	+0.8%
Q2 25	3.52B	-0.1%	+1.1%
Q3 25	3.53B	+0.2%	+0.8%
Q4 25	3.54B	+0.4%	+0.6%
Q1 26	3.54B	-0.0%	+0.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$178.5K	99K
Q2 22	$170.6K	99K
Q3 22	$216.1K	99K
Q4 22	$190.2K	128K
Q1 23	$182.5K	128K
Q2 23	$195.0K	128K
Q3 23	$182.6K	128K
Q4 23	$179.2K	140K
Q2 24	$181.5K	140K
Q3 24	$179.3K	140K
Q4 24	$204.6K	126K
Q1 25	$153.9K	126K
Q2 25	$179.0K	126K
Q3 25	$223.6K	126K
Q4 25	$184.7K	135K
Q1 26	$166.1K	135K

Revenue / Employee