Tesla, Inc.
For the period ended Dec 31, 2025. Filed Jan 29, 2026.
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FY2025 · Filed Jan 29, 2026
TSLA$378.05+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenues | |||
| Automotive sales | $65,821 | $72,480 | $78,509 |
| Automotive regulatory credits | 1,993 | 2,763 | 1,790 |
| Automotive leasing | 1,712 | 1,827 | 2,120 |
| Total automotive revenues | 69,526 | 77,070 | 82,419 |
| Energy generation and storage | 12,771 | 10,086 | 6,035 |
| Services and other | 12,530 | 10,534 | 8,319 |
| Total revenues | 94,827 | 97,690 | 96,773 |
| Cost of revenues | |||
| Automotive sales | 56,267 | 61,870 | 65,121 |
| Automotive leasing | 898 | 1,003 | 1,268 |
| Total automotive cost of revenues | 57,165 | 62,873 | 66,389 |
| Energy generation and storage | 8,969 | 7,446 | 4,894 |
| Services and other | 11,599 | 9,921 | 7,830 |
| 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 | — |
| 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 | $1.18 | $2.23 | $4.73 |
| Diluted | $1.08 | $2.04 | $4.30 |
| Weighted average shares used in computing net income per share of common stock | |||
| Basic | 3,225 | 3,197 | 3,174 |
| Diluted | 3,528 | 3,498 | 3,485 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.