Tesla, Inc.

TSLA · XNAS

CIK 1318605fmd_107KDE2VYP1TCF60VP2CWZ5PCNManufacturing · Motor Vehicles & Passenger Car BodiesTemplate: Standard

Coverage: Jan 01, 2009 to Sep 30, 2026, 68 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	7,000	11,759	21,461	24,578	31,536	53,823	81,462	96,773	97,690	94,827
Rental revenue	762	1,107	883	869	1,052	–	–	–	–	–
Cost of revenue	5,401	9,536	17,419	20,509	24,906	40,217	60,609	79,113	80,240	77,733
Gross profit	1,599	2,223	4,042	4,069	6,630	13,606	20,853	17,660	17,450	17,094
Realized investment gains (losses)	–	–	–	–	–	128	64	–	–	–
Research and development	834	1,378	1,460	1,343	1,491	2,593	3,075	3,969	4,540	6,411
Selling, general and administrative	1,432	2,477	2,835	2,646	3,145	4,517	3,946	4,800	5,150	5,834
Total operating expenses	2,267	3,855	4,430	4,138	4,636	7,083	7,197	8,769	10,374	12,739
Operating income	(667)	(1,632)	(388)	(69)	1,994	6,523	13,656	8,891	7,076	4,355
Interest expense	199	471	663	685	748	371	191	156	350	338
Interest and investment income	9	19	24	44	30	56	297	1,066	1,569	1,680
Other non-operating income (expense)	111	(125)	22	45	(122)	135	(43)	172	695	(419)
Income before taxes	(746)	(2,209)	(1,005)	(665)	1,154	6,343	13,719	9,973	8,990	5,278
Income tax expense	27	32	58	110	292	699	1,132	(5,001)	1,837	1,423
Net income from continuing operations	(773)	(2,241)	(1,063)	(775)	862	5,644	12,587	14,974	7,153	3,855
Net income	(675)	(1,962)	(976)	(862)	721	5,519	12,556	14,997	7,091	3,794
Net income to common shareholders	(675)	(1,961)	(976)	(870)	690	5,524	12,583	14,999	7,130	3,794