The Inventing Press

Tesla, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$94.8B$97.7B$96.8B$81.5B$53.8B
Cost of revenue$77.7B$80.2B$79.1B$60.6B$40.2B
Gross profit$17.1B$17.4B$17.7B$20.9B$13.6B
Selling, general & administrative$5.8B$5.2B$4.8B$3.9B$4.5B
Research and development$6.4B$4.5B$4.0B$3.1B$2.6B
Operating expenses$12.7B$10.4B$8.8B$7.2B$7.1B
Operating income$4.4B$7.1B$8.9B$13.7B$6.5B
Interest expense$338.0M$350.0M$156.0M$191.0M$371.0M
Pretax income$5.3B$9.0B$10.0B$13.7B$6.3B
Income tax expense$1.4B$1.8B-$5.0B$1.1B$699.0M
Net income$3.8B$7.1B$15.0B$12.6B$5.5B
Balance Sheet
Cash and equivalents$16.5B$16.1B$16.4B$16.3B$17.6B
Current assets$68.6B$58.4B$49.6B$40.9B$27.1B
Total assets$137.8B$122.1B$106.6B$82.3B$62.1B
Current liabilities$31.7B$28.8B$28.7B$26.7B$19.7B
Total liabilities$54.9B$48.4B$43.0B$36.4B$30.5B
Total debt$8.2B$7.9B$4.7B$2.1B$5.4B
Stockholders' equity$82.1B$72.9B$62.6B$44.7B$30.2B
Cash Flow Statement
Cash from operations$14.7B$14.9B$13.3B$14.7B$11.5B
Depreciation and amortization$5.0B$4.1B$3.3B$2.4B$1.9B
Stock-based compensation$2.8B$2.0B$1.8B$1.6B$2.1B
Capital expenditure$8.5B$11.3B$8.9B$7.2B$6.5B
Free cash flow$6.2B$3.6B$4.4B$7.6B$5.0B
Impairments$0$0$0$0$0

Shares outstanding 3.8B · Free float 80.7%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.

Earnings