Tesla energy revenue
Tesla energy generation and storage revenue and deployed storage. Tesla does not split Megapack, Powerwall and solar.
- Official$2,881 millionEnergy revenue, Q3 2026Gross margin 33.1%
- Official13.7 GWhStorage deployed, Q3 2026Update deck
- Derived46.7 GWhFY2025 storageSum of the four official 2025 quarters.
- Official36 GWh9-month 2026 storageSum of the three quarters, and also stated in the Q3 2026 10-Q.
| Period | USD millions | Label |
|---|---|---|
| Q4 2024 | 3,061 | Official |
| Q1 2025 | 2,730 | Official |
| Q2 2025 | 2,789 | Official |
| Q3 2025 | 3,415 | Official |
| Q4 2025 | 3,837 | Official |
| Q1 2026 | 2,408 | Official |
| Q2 2026 | 3,139 | Official |
| Q3 2026 | 2,881 | Official |
| Period | GWh | Label |
|---|---|---|
| Q4 2024 | 11.0 | Official |
| Q1 2025 | 10.4 | Official |
| Q2 2025 | 9.6 | Official |
| Q3 2025 | 12.5 | Official |
| Q4 2025 | 14.2 | Official |
| Q1 2026 | 8.8 | Official |
| Q2 2026 | 13.5 | Official |
| Q3 2026 | 13.7 | Official |
FY2025 energy was $12,270 million of sales and $501 million of leasing. Installed Megapack capacity: California 40 GWh, Shanghai 20 GWh, Texas 50 GWh. Powerwall in Nevada >6 GWh.
Fan sketch. Starts from FY2025 energy sales plus leasing, official ($12.77 billion). A growth rate of 0% is your assumption. 0% repeats the base. It is not guidance.
| Period | USD millions | Label |
|---|---|---|
| 2026 | 12,771 | Fan estimate |
| 2027 | 12,771 | Fan estimate |
| 2028 | 12,771 | Fan estimate |
| 2029 | 12,771 | Fan estimate |
| 2030 | 12,771 | Fan estimate |
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)
- Tesla Q3 2026 production and deliveries release (2026-10-02)
- Tesla Q3 2026 earnings call transcript (Motley Fool) (2026-10-21)