Tesla revenue
Official quarterly revenue from the Q4 2025 update, the Q3 2026 update, and the Q3 2026 Form 10-Q. USD millions.
- Official$28,046 millionTotal revenue, Q3 2026-0.7% versus Q2 2026
- Official$20,560 millionAutomotive, Q3 2026Sales, credits and leasing
- Official$2,881 millionEnergy, Q3 2026Gross margin 33.1%
- Official$4,605 millionServices and other, Q3 2026Gross margin 15.9%
| Period | USD millions | Label |
|---|---|---|
| Q4 2024 | 25,707 | Official |
| Q1 2025 | 19,335 | Official |
| Q2 2025 | 22,496 | Official |
| Q3 2025 | 28,095 | Official |
| Q4 2025 | 24,901 | Official |
| Q1 2026 | 22,387 | Official |
| Q2 2026 | 28,236 | Official |
| Q3 2026 | 28,046 | Official |
Where the latest quarter was earned
Q3 2026 geography, USD millions: United States 12,495, China 5,209, other international 10,342. A year earlier those were 14,598, 5,653 and 7,844.
Automotive gross margin excluding credits was 18.1%. Regulatory credits included a $475 million reversal. Energy gross margin was helped by tariff refunds. Used-vehicle sales volume and average selling price, non-warranty maintenance and collision, and paid Supercharging. The CFO said Robotaxi revenue sits inside Services and other.
Annual and year-to-date
| Period | Auto sales | Credits | Leasing | Energy | Services | Total |
|---|---|---|---|---|---|---|
| FY2024 | 72480 | 2763 | 1827 | 10086 | 10534 | 97690 |
| FY2025 | 65821 | 1993 | 1712 | 12771 | 12530 | 94827 |
| 9 months 2026 | 55573 | 639 | 1098 | 8428 | 12931 | 78669 |
Streams
- Vehicle sales, credits, leasing and deliveries
- Energy generation and storage
- Services and other
- Insurance, which is not separately disclosed
- What the 10-K says about each model
Sources
- Tesla Form 10-Q, quarter ended 30 Sep 2026 (2026-10)
- Tesla Q3 2026 Update (8-K exhibit 99.1) (2026-10-21)
- Tesla Q4 2025 Update (8-K exhibit 99.1) (2026-01-28)
- Tesla FY2025 10-K, revenue by source (2026-01)