TSLA · Q2 FY26 · Jun 30, 2026
Tesla Q2 FY26: where the revenue came from and where it went
Tesla Q2 FY26: revenue $28.2B (+26% year over year). Net profit $1.1B. Largest cohort Automotive Sales $20B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jun 30, 2026
- Reported
- Jul 23, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$28.2B
+26% year over year
Gross profit$4.8B
17% margin
Operating profit$0.4B
1% margin
Net profit$1.1B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 28.2 | 100% | +26% |
| Automotive Sales | 20 | 71% | +27% |
| Services and Other | 4.6 | 16% | +50% |
| Energy Generation and… Sales | 3 | 11% | +13% |
| Automotive Leasing | 0.4 | 1% | −16% |
| Automotive Regulatory Credits | 0.1 | 0% | −67% |
| Energy Generation and… Leasing | 0.1 | 0% | −1% |
| Cost of revenue | −23.5 | 83% | |
| Gross profit | 4.8 | 17% margin | +0pp |
| Research & development | −2.4 | 8% | +1pp |
| SG&A | −2 | 7% | +1pp |
| Operating profit | 0.4 | 1% margin | −3pp |
| Tax | −0.2 | ||
| Net profit | 1.1 | 4% | −1pp |
Older quarters
-
Q1 FY26 3/2026Revenue $22.4B Net margin 2%
-
Q4 FY25 12/2025Revenue $24.9B Net margin 3%
-
Q3 FY25 9/2025Revenue $28.1B Net margin 5%
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