Tesla, Inc.

TSLA 10-Q · Q3 2025

TSLA Q3 2025 request

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Revenue (Q) — — —
Show Product Lines breakouts
Automotive leasing 429 446 -3.8%
Automotive regulatory credits 417 739 -43.6%
Automotive Revenues 21,205 20,016 +5.9%
Automotive sales 20,359 18,831 +8.1%
Energy generation and storage 3,415 2,376 +43.7%
Energy generation and storage leasing 134 148 -9.5%
Energy generation and storage sales 3,281 2,228 +47.3%
Services and other 3,475 2,790 +24.6%
Total revenues from sales and services 27,532 24,588 +12.0%
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Revenue 28,095 25,182 +11.6%
Cost of Revenue (Q) — — —
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Automotive leasing 225 247 -8.9%
Automotive Revenues 17,590 15,990 +10.0%
Automotive sales 17,365 15,743 +10.3%
Energy generation and storage 2,342 1,651 +41.9%
Services and other 3,109 2,544 +22.2%
Show Business Segments breakouts
Automotive 20,699 18,534 +11.7%
Energy generation and storage segment 2,342 1,651 +41.9%
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Cost of Revenue 23,041 20,185 +14.1%
Gross Profit (Q) — — —
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Automotive 3,981 4,272 -6.8%
Energy generation and storage segment 1,073 725 +48.0%
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Gross Profit 5,054 4,997 +1.1%
Research & Development (Q) — — —
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Research & Development 1,630 1,039 +56.9%
Selling, General & Administrative (Q) — — —
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Selling, General & Administrative 1,562 1,186 +31.7%
Restructuring And Other Expenses (Q) — — —
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Restructuring And Other Expenses 238 55 +332.7%
Operating Expenses (Q) — — —
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Operating Expenses 3,430 2,280 +50.4%
Operating Income (Q) — — —
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Operating Income 1,624 2,717 -40.2%
Interest Income (Q) — — —
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Interest Income 439 429 +2.3%
Interest Expense (Q) — — —
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Interest Expense -76 -92 +17.4%
Other Non-Operating Income (Expense) (Q) — — —
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Other Non-Operating Income (Expense) -28 -263 +89.4%
Income Before Taxes (Q) — — —
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Income Before Taxes 1,959 2,791 -29.8%
Income Tax Expense (Benefit) (Q) — — —
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Income Tax Expense (Benefit) 570 602 -5.3%
Net Income (Q) — — —
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Net Income 1,389 2,189 -36.5%
Net Income Loss Attributable To Noncontrolling Interest (Q) — — —
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Net Income Loss Attributable To Noncontrolling Interest 16 16 0.0%
Net Income (Q) — — —
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Net Income 1,373 2,173 -36.8%
EPS (Basic) (Q) — — —
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EPS (Basic) 0.43 0.68 -36.8%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 0.39 0.62 -37.1%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 3,227 3,198 +0.9%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 3,526 3,497 +0.8%
Revenue (Q) — — —
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Automotive 24,680 22,806 +8.2%
Energy generation and storage segment 3,415 2,376 +43.7%
Show Geography breakouts
CN 5,653 5,665 -0.2%
Other international 7,844 6,933 +13.1%
US 14,598 12,584 +16.0%
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Revenue 28,095 25,182 +11.6%
Comprehensive Income (Q) — — —
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Comprehensive Income 1,422 2,626 -45.8%
Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income 49 453 -89.2%
Parent 49 453 -89.2%
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Other Comprehensive Income 49 453 -89.2%
Net Income Loss Available To Common Stockholders Basic (Q) — — —
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Net Income Loss Available To Common Stockholders Basic 1,373 2,173 -36.8%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 18,289 18,111 +1.0%
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Variable Interest Entity Primary Beneficiary 75 — —
Short-Term Investments (Q) — — —
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Short-Term Investments 23,358 15,537 +50.3%
Accounts Receivable (Q) — — —
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Accounts Receivable 4,703 — —
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Variable Interest Entity Primary Beneficiary 21 — —
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Government Rebates Receivables 310 — —
Inventory (Q) — — —
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Automotive 9,381 — —
Energy generation and storage segment 2,895 — —
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Inventory 12,276 — —
Prepaid Expenses & Other Current Assets (Q) — — —
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Prepaid Expenses & Other Current Assets 6,027 — —
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Variable Interest Entity Primary Beneficiary 319 — —
Total Current Assets (Q) — — —
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Total Current Assets 64,653 — —
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Variable Interest Entity Primary Beneficiary 415 — —
Non-Current Assets
Deferred Costs Leasing Net Noncurrent (Q) — — —
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Operating lease vehicles, net 5,019 5,380 -6.7%
Property, Plant & Equipment (Q) — — —
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Property, Plant & Equipment 39,407 — —
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 5,783 4,867 +18.8%
Crypto Asset Fair Value Noncurrent (Q) — — —
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Crypto Asset Fair Value Noncurrent 1,315 — —
Goodwill (Q) — — —
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Goodwill 257 253 +1.6%
Deferred Tax Assets (Q) — — —
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Deferred Tax Assets 6,637 6,366 +4.3%
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 5,860 — —
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Variable Interest Entity Primary Beneficiary 198 — —
Total Assets (Q) — — —
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Total Assets 133,735 — —
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Variable Interest Entity Primary Beneficiary 3,123 — —
Other Assets
Leased Assets Net (Q) — — —
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Solar energy systems, net 4,673 5,040 -7.3%
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 131 158 -17.1%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 12,819 14,654 -12.5%
Accrued And Other Current Liabilities (Q) — — —
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Accrued And Other Current Liabilities 12,791 — —
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Variable Interest Entity Primary Beneficiary 47 — —
Deferred Revenue (Current) (Q) — — —
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Deferred Revenue (Current) 3,756 — —
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Variable Interest Entity Primary Beneficiary 6 — —
Long Term Debt And Finance Leases Current (Q) — — —
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Long Term Debt And Finance Leases Current 1,924 — —
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Variable Interest Entity Primary Beneficiary 1,646 — —
Total Current Liabilities (Q) — — —
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Total Current Liabilities 31,290 — —
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Variable Interest Entity Primary Beneficiary 1,699 — —
Debt Current (Q) — — —
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Automotive Asset-backed Notes · Nonrecourse Debt [Member] 1,711 — —
Cash Equity Debt · Nonrecourse Debt [Member] 89 — —
Energy Asset-backed Notes · Nonrecourse Debt [Member] 51 — —
Other · Recourse debt: 1 — —
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Debt Current 1,852 — —
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Nonrecourse Debt [Member] 1,851 — —
Recourse debt: 1 — —
Non-Current Liabilities
Long Term Debt And Finance Leases Noncurrent (Q) — — —
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Long Term Debt And Finance Leases Noncurrent 5,778 — —
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Variable Interest Entity Primary Beneficiary 1,680 — —
Contract With Customer Liability Noncurrent (Q) — — —
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Contract With Customer Liability Noncurrent 3,746 — —
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Variable Interest Entity Primary Beneficiary 62 — —
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 12,205 — —
Total Liabilities (Q) — — —
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Total Liabilities 53,019 — —
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Variable Interest Entity Primary Beneficiary 3,441 — —
Long-Term Debt (Q) — — —
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Automotive Asset-backed Notes · Nonrecourse Debt [Member] 1,796 — —
Cash Equity Debt · Nonrecourse Debt [Member] 219 — —
China Working Capital Facility · Nonrecourse Debt [Member] 3,230 — —
Energy Asset-backed Notes · Nonrecourse Debt [Member] 362 — —
Other · Recourse debt: 2 — —
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Long-Term Debt 5,609 — —
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Nonrecourse Debt [Member] 5,607 — —
Recourse debt: 2 — —
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 5,165 — —
Stockholders' Equity
Common Stock (Q) — — —
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Common Stock 3 3 0.0%
Additional Paid In Capital Common Stock (Q) — — —
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Additional Paid In Capital Common Stock 41,597 37,286 +11.6%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income 207 -14 +1578.6%
Retained Earnings (Q) — — —
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Retained Earnings 38,163 33,081 +15.4%
Total Stockholders' Equity (Q) — — —
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Total Stockholders' Equity 79,970 69,931 +14.4%
Minority Interest (Q) — — —
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Minority Interest 687 709 -3.1%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 133,735 119,852 +11.6%
Redeemable Noncontrolling Interest Equity Carrying Amount (Q) — — —
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Redeemable Noncontrolling Interest Equity Carrying Amount 59 70 -15.7%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Depreciation Amortization And Impairment (YTD) — — —
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Depreciation Amortization And Impairment 4,505 3,872 +16.3%
Stock-Based Compensation (YTD) — — —
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Stock-Based Compensation 1,871 1,420 +31.8%
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Performance Based Restricted Stock Units And Stock Options 185 — —
Inventory Write Down (YTD) — — —
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Inventory Write Down 313 247 +26.7%
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Cost Of Sales 275 114 +141.2%
Foreign Currency Transaction Gain Loss Unrealized (YTD) — — —
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Foreign Currency Transaction Gain Loss Unrealized 160 197 -18.8%
Deferred Income Taxes (YTD) — — —
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Deferred Income Taxes 234 471 -50.3%
Noncash Interest Income Expense And Other Operating Activities (YTD) — — —
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Noncash Interest Income Expense And Other Operating Activities 235 83 +183.1%
Gain Loss On Digital Assets (YTD) — — —
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Gain Loss On Digital Assets -239 -242 +1.2%
Change in Accounts Receivable (YTD) — — —
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Change in Accounts Receivable -306 144 -312.5%
Change in Inventory (YTD) — — —
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Change in Inventory -416 -1,107 +62.4%
Increase Decrease In Operating Lease Vehicles (YTD) — — —
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Increase Decrease In Operating Lease Vehicles 54 -82 +165.9%
Change in Prepaid & Other Assets (YTD) — — —
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Change in Prepaid & Other Assets -2,280 -2,639 +13.6%
Increase Decrease In Accounts Payable And Accrued Liabilities (YTD) — — —
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Increase Decrease In Accounts Payable And Accrued Liabilities 2,979 2,504 +19.0%
Change in Deferred Revenue (YTD) — — —
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Change in Deferred Revenue 825 231 +257.1%
Net Cash from Operations (YTD) — — —
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Net Cash from Operations 10,934 10,109 +8.2%
Depreciation & Amortization (YTD) — — —
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Automotive 2.8 2.7 +3.7%
Energy generation and storage segment 262 280 -6.4%
Investing Activities
Capital Expenditures (YTD) — — —
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Capital Expenditures -6,134 -8,562 +28.4%
Payments To Acquire Investments (YTD) — — —
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Payments To Acquire Investments -24,902 -20,797 -19.7%
Proceeds From Sale Maturity And Collections Of Investments (YTD) — — —
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Proceeds From Sale Maturity And Collections Of Investments 22,086 17,975 +22.9%
Net Cash from Investing (YTD) — — —
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Net Cash from Investing -8,950 -11,184 +20.0%
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 (YTD) — — —
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Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 1,631 2,727 -40.2%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability (YTD) — — —
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Right Of Use Asset Obtained In Exchange For Operating Lease Liability 1,171 1,232 -5.0%
Financing Activities
Proceeds From Issuance Of Debt (YTD) — — —
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Proceeds From Issuance Of Debt 4,232 4,360 -2.9%
Repayments Of Convertible Debt (YTD) — — —
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Repayments Of Convertible Debt -4,798 -1,783 -169.1%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options (YTD) — — —
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Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 1,040 788 +32.0%
Finance Lease Principal Payments (YTD) — — —
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Finance Lease Principal Payments -85 -291 +70.8%
Proceeds Received From Directors In Shareholder Settlement (YTD) — — —
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Proceeds Received From Directors In Shareholder Settlement 277 — —
Payment For Legal Fees (YTD) — — —
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Payment For Legal Fees -176 — —
Debt Issuance Costs (YTD) — — —
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Debt Issuance Costs -5 -6 +16.7%
Payments To Minority Shareholders (YTD) — — —
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Payments To Minority Shareholders -56 -76 +26.3%
Net Cash from Financing (YTD) — — —
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Net Cash from Financing 429 2,868 -85.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (YTD) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 134 -8 +1775.0%
Net Change in Cash (YTD) — — —
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Net Change in Cash 2,547 1,785 +42.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 19,584 18,974 +3.2%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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