Skip to content

Tesla, Inc. TSLA Operating margin

Operating margin at other companies

Ford Motor Company logo
Ford Motor CompanyF
-3.8%-6.1pp
Uber Technologies logo
Uber TechnologiesUBER
11.7%+3.2pp
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
-68.9%-6.6pp
Albemarle logo
AlbemarleALB
-2.8%-1.3pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
27.1%+1.4pp
Cummins logo
CumminsCMI
11.3%-0.4pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Gross margin19.1%+1.4pp
Net margin3.9%-2.4pp

Returns & leverage

See full
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 →

Ask your AI about Tesla, Inc.'s operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Tesla, Inc.'s operating margin?
Tesla, Inc. (TSLA) reported operating margin of 5% in Q1 2026.
How has Tesla, Inc.'s operating margin changed year-over-year?
Tesla, Inc.'s operating margin decreased by 24.0% year-over-year, from 6.6% to 5%.
What is the long-term trend for Tesla, Inc.'s operating margin?
Over 4 years (2021 to 2025), Tesla, Inc.'s operating margin has grown at a -11.6% compound annual growth rate (CAGR), from 36% to 22%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.