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Tesla, Inc. TSLA Net margin

Net margin at other companies

Ford Motor Company logo
Ford Motor CompanyF
-3.2%-5.9pp
Generac Holdings logo
Generac HoldingsGNRC
7%-0.2pp
Uber Technologies logo
Uber TechnologiesUBER
15.9%-11.2pp
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
-63.6%-9.3pp
Albemarle logo
AlbemarleALB
-4.2%-1.9pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
23%-45.5pp

Other financials

Income statement

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Revenue$22.4B+15.8%
Gross profit$4.7B+49.7%
Operating income$941.0M+136%
Net income$477.0M+16.6%
EPS (diluted)$0.13+8.3%

Balance sheet

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Cash & equivalents$16.6B+1.5%
Total debt$1.2B-86.2%
Total equity$84.1B+12.7%
Total assets$143.72B+14.9%

Cash flow

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Operating cash flow$3.9B+82.6%
CapEx$2.5B+67.1%
Free cash flow$1.4B+117%

Valuation

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Market cap$1.49T+67.3%
Enterprise value$1.47T+67.0%
P/E385.5×+240×
P/S15.2×+5.9×

Profitability

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Gross margin19.1%+1.4pp
Operating margin5%-1.6pp

Returns & leverage

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Return on equity4.9%-3.9pp
Debt / equity-0.1×
Current ratio0.0×

Where this comes from

Calculated from Tesla, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Tesla, Inc.’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tesla, Inc.'s net margin?
Tesla, Inc. (TSLA) reported net margin of 3.9% in Q1 2026.
How has Tesla, Inc.'s net margin changed year-over-year?
Tesla, Inc.'s net margin decreased by 38.2% year-over-year, from 6.4% to 3.9%.
What is the long-term trend for Tesla, Inc.'s net margin?
Over 4 years (2021 to 2025), Tesla, Inc.'s net margin has grown at a -4.1% compound annual growth rate (CAGR), from 26% to 22%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.