$TSLA

Tesla, Inc.

CIK:0001318605|SEC Filings
v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Revenues $ 94,827 $ 97,690 $ 96,773
Cost of revenues      
Total cost of revenues 77,733 80,240 79,113
Gross profit 17,094 17,450 17,660
Operating expenses      
Research and development 6,411 4,540 3,969
Selling, general and administrative 5,834 5,150 4,800
Restructuring and other 494 684 0
Total operating expenses 12,739 10,374 8,769
Income from operations 4,355 7,076 8,891
Interest income 1,680 1,569 1,066
Interest expense (338) (350) (156)
Other (expense) income, net (419) 695 172
Income before income taxes 5,278 8,990 9,973
Provision for (benefit from) income taxes 1,423 1,837 (5,001)
Net income 3,855 7,153 14,974
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries 61 62 (23)
Net income attributable to common stockholders $ 3,794 $ 7,091 $ 14,997
Net income per share of common stock attributable to common stockholders      
Basic (in dollars per share) $ 1.18 $ 2.23 $ 4.73
Diluted (in dollars per share) $ 1.08 $ 2.04 $ 4.30
Weighted average shares used in computing net income per share of common stock      
Basic (in shares) 3,225 3,197 3,174
Diluted (in shares) 3,528 3,498 3,485
Automotive Revenues      
Revenues      
Revenues $ 69,526 $ 77,070 $ 82,419
Cost of revenues      
Total cost of revenues 57,165 62,873 66,389
Automotive sales      
Revenues      
Revenues 65,821 72,480 78,509
Cost of revenues      
Total cost of revenues 56,267 61,870 65,121
Automotive regulatory credits      
Revenues      
Revenues 1,993 2,763 1,790
Automotive leasing      
Revenues      
Revenues 1,712 1,827 2,120
Cost of revenues      
Total cost of revenues 898 1,003 1,268
Energy generation and storage      
Revenues      
Revenues 12,771 10,086 6,035
Cost of revenues      
Total cost of revenues 8,969 7,446 4,894
Services and other      
Revenues      
Revenues 12,530 10,534 8,319
Cost of revenues      
Total cost of revenues $ 11,599 $ 9,921 $ 7,830