Tesla, Inc. (TSLA) FY2026 Q1 P&L / Income Statement
2026-01-01 to 2026-03-31
Revenue by Geography
2026-01-01 to 2026-03-31
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Tesla, Inc. (TSLA) FY2026 Q1 P&L / Income Statement
Income statement for 2026-01-01 through 2026-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 22,387,000,000 US dollars
- Total cost of revenues
- 17,667,000,000 US dollars
- Gross profit
- 4,720,000,000 US dollars
- Total operating expenses
- 3,779,000,000 US dollars
- Income from operations
- 941,000,000 US dollars
- Other income (expense), net (calculated)
- negative 193,000,000 US dollars
- Income before income taxes
- 748,000,000 US dollars
- Provision for income taxes
- 257,000,000 US dollars
- Net income
- 491,000,000 US dollars
- UNITED STATES
- 10,677,000,000 US dollars
- CHINA
- 4,184,000,000 US dollars
- Other international
- 7,526,000,000 US dollars
- Research and development
- 1,946,000,000 US dollars
- Selling, general and administrative
- 1,833,000,000 US dollars
- Restructuring and other
- 0 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.: $477.00 M; to noncontrolling interests: $14.00 M.

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Gross margin
21.1%
Gross profit / revenue
Operating margin
4.2%
Operating profit / revenue
Cash conversion
801.8%
Operating cash / net income, same period
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