Tesla, Inc. Income Statement
TSLA / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Tesla, Inc. reported $94.8B in revenue and $3.8B in net income for FY2025. Revenue has grown at a 55.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.8B | $97.7B | $96.8B | $81.5B | $53.8B | $31.5B | $24.6B | $21.5B | $11.8B | $7.0B | $4.0B | $3.2B | $2.0B | $413.3M | $204.2M |
| Cost of Revenue | $77.7B | $80.2B | $79.1B | $60.6B | $40.2B | $24.9B | $20.5B | $17.4B | $9.5B | $5.4B | $3.1B | $2.3B | $1.6B | $383.2M | $142.6M |
| Gross Profit | $17.1B | $17.4B | $17.7B | $20.9B | $13.6B | $6.6B | $4.1B | $4.0B | $2.2B | $1.6B | $923.5M | $881.7M | $456.3M | $30.1M | $61.6M |
| SG&A Expense | $5.8B | $5.2B | $4.8B | $3.9B | $4.5B | $3.1B | $2.6B | $2.8B | $2.5B | $1.4B | $922.2M | $603.7M | $285.6M | $150.4M | $104.1M |
| R&D Expense | $6.4B | $4.5B | $4.0B | $3.1B | $2.6B | $1.5B | $1.3B | $1.5B | $1.4B | $834.4M | $717.9M | $464.7M | $232.0M | $274.0M | $209.0M |
| Operating Income | $4.4B | $7.1B | $8.9B | $13.7B | $6.5B | $2.0B | -$69.0M | -$388.0M | -$1.6B | -$667.3M | -$716.6M | -$186.7M | -$61.3M | -$394.3M | -$251.5M |
| Interest Expense | - | - | $156.0M | $191.0M | $371.0M | $748.0M | $685.0M | $663.0M | $471.0M | $198.8M | $118.9M | $100.9M | $32.9M | $254.0K | $43.0K |
| Income Tax | $1.4B | $1.8B | -$5.0B | $1.1B | $699.0M | $292.0M | $110.0M | $58.0M | $32.0M | $26.7M | $13.0M | $9.4M | $2.6M | $136.0K | $489.0K |
| Net Income | $3.8B | $7.1B | $15.0B | $12.6B | $5.5B | $721.0M | -$862.0M | -$976.0M | -$2.0B | -$674.9M | -$888.7M | -$294.0M | -$74.0M | -$396.2M | -$254.4M |
| EPS (Basic) | $4.73 | $4.02 | $1.87 | $0.25 | -$0.98 | -$1.14 | -$11.83 | -$4.68 | -$6.93 | - | - | - | - | - | - |
| EPS (Diluted) | $4.30 | $3.62 | $1.63 | $0.21 | -$0.98 | -$1.14 | -$11.83 | -$4.68 | -$6.93 | -$2.36 | -$0.62 | -$3.69 | - | - | - |
| Shares Outstanding | 3.2B | 3.2B | 3.2B | 3.1B | 960.0M | 905.0M | 173.0M | 168.8M | 161.6M | 131.4M | 125.7M | 123.1M | 114.2M | 104.5M | 94.9M |
| Gross Margin | 18.0% | 17.9% | 18.3% | 25.6% | 25.3% | 21.0% | 16.6% | 18.8% | 18.9% | 22.9% | 22.8% | 27.6% | 22.7% | 7.3% | 30.2% |
| Operating Margin | 4.6% | 7.2% | 9.2% | 16.8% | 12.1% | 6.3% | -0.3% | -1.8% | -13.9% | -9.5% | -17.7% | -5.8% | -3.0% | -95.4% | -123.1% |
| Profit Margin | 4.0% | 7.3% | 15.5% | 15.4% | 10.3% | 2.3% | -3.5% | -4.5% | -16.7% | -9.6% | -22.0% | -9.2% | -3.7% | -95.9% | -124.6% |