FINHUB Insights

TSLA · Q1 FY26 · Jan 1 – Mar 31, 2026

Tesla Q1 FY26: where the revenue came from and where it went

Tesla Q1 FY26: revenue $22.4B (+16% year over year). Net profit $0.5B. Largest cohort Automotive Sales $15.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 23, 2026 10-Q
Sankey diagram of Tesla's income statement for Q1 FY26: revenue of $22.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$22.4B +16% year over year
Gross profit$4.7B 21% margin
Operating profit$0.9B 4% margin
Net profit$0.5B 2% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 22.4 100% +16%
Automotive Sales 15.5 69% +20%
Services and Other 3.7 17% +42%
Energy Generation and… Sales 2.3 10% −12%
Automotive Leasing 0.4 2% −15%
Automotive Regulatory Credits 0.4 2% −36%
Energy Generation and… Leasing 0.1 0% −6%
Cost of revenue−17.779%
Gross profit4.721% margin+5pp
Research & development−1.99%+1pp
SG&A−1.88%+2pp
Operating profit0.94% margin+2pp
Tax−0.2
Interest & other costs−0.2
Net profit0.52%+0pp
Filing on EDGAR More quarters of TSLA

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters