Tesla, Inc. (TSLA) FY2025 Q1 P&L / Income Statement

Tesla, Inc. (TSLA) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

19,335,000,000 US dollars

Total cost of revenues

16,182,000,000 US dollars

Gross profit

3,153,000,000 US dollars

Total operating expenses

2,754,000,000 US dollars

Income from operations

399,000,000 US dollars

Other income (expense), net (calculated)

190,000,000 US dollars

Income before income taxes

589,000,000 US dollars

Provision for (benefit from) income taxes

169,000,000 US dollars

Net income

420,000,000 US dollars

Automotive leasing

447,000,000 US dollars

Energy generation and storage leasing

109,000,000 US dollars

Automotive sales

12,925,000,000 US dollars

Automotive regulatory credits

595,000,000 US dollars

Energy generation and storage sales

2,621,000,000 US dollars

Services and other

2,638,000,000 US dollars

Research and development

1,409,000,000 US dollars

Selling, general and administrative

1,251,000,000 US dollars

Restructuring and other

94,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Tesla, Inc.: $409.00 M; to noncontrolling interests: $11.00 M.