COVERAGE / TSLA / Consumer

Tesla, Inc.

Motor Vehicles & Passenger Car Bodies

COVERAGE STATUSACTIVE

DATA THROUGH2025-12-31

RESEARCH REPORTS2

SELECTED FILINGS1

Fundamental matrix

Latest / 2025-12-31 · Prior / 2024-12-31 · USD · Annual periods

Revenue

$94.83bn

Prior / $97.69bn

Change / -2.93%

SOURCE / 2026-01-29

Operating income

$4.36bn

Prior / $7.08bn

Change / -38.45%

SOURCE / 2026-01-29

Net income

$3.79bn

Prior / $7.09bn

Change / -46.50%

SOURCE / 2026-01-29

Diluted EPS

$1.08

Prior / $2.04

Change / -47.06%

SOURCE / 2026-01-29

Free cash flow

$6.22bn

Prior / $3.58bn

Change / +73.69%

SOURCE / 2026-01-29

Gross margin

18.03%

Prior / 17.86%

Change / +0.16 pp

SOURCE / 2026-01-29

Operating margin

4.59%

Prior / 7.24%

Change / -2.65 pp

SOURCE / 2026-01-29

Return on avg. equity

4.89%

Prior / 10.46%

Change / -5.57 pp

SOURCE / 2026-01-29

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 94827000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 3794000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "grossProfit": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 17094000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:GrossProfit",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 4355000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 1.08,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 14747000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 8527000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 137806000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-12-31",
    "val": 54941000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 82137000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 68642000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 31714000000,
    "accn": "0001628280-26-003952",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-29",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-12-31	$94.83bn	$3.79bn	$6.22bn	$1.08
2024-12-31	$97.69bn	$7.09bn	$3.58bn	$2.04
2023-12-31	$96.77bn	$15bn	$4.36bn	$4.30
2022-12-31	$81.46bn	$12.56bn	$7.57bn	$3.62

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-12-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	339.07x	Unavailable	30.90x	14
P/S	15.25x	Unavailable	2.31x	13
P/B	17.61x	Unavailable	11.78x	9
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	0.43%	Unavailable	2.22%	9

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-07-16 DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 366.2,
  "tradingDate": "2026-09-17",
  "marketCap": 1446324255682.8,
  "source": "Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-07-16"
}

Company & operating context

Tesla, Inc. is an SEC-reporting issuer listed on NASDAQ under TSLA. Its SEC industry description is Motor Vehicles & Passenger Car Bodies. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Retailers, consumer brands and service platforms balance demand, price, unit volume and operating costs.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2026-01-29PERIOD / 2025-12-31

TSLA filed this 10-K on 2026-01-29 for the reported period 2025-12-31. Reading focus: Unit volumes, comparable sales, inventory, pricing and operating leverage. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0143TSLAEarnings Review

TSLA: the annual earnings and cash-flow comparison ↗

Tesla, Inc.

Research abstract

A two-period review of TSLA revenue, profitability and cash conversion; reported revenue growth was -2.93%.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

HR-0144TSLACompany Research

TSLA: reading the FY2025 financial structure ↗

Tesla, Inc.

Research abstract

Annual revenue of USD 94.827 billion and net income of USD 3.794 billion for the period ended 2025-12-31.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Consumer affordability, input inflation, competitive promotions and discretionary demand.

Unit volumes, comparable sales, inventory, pricing and operating leverage.

CONSUMER SYSTEM ↗

Sources & dates

SEC annual filing · 2025-12-31 ↗Source date 2026-01-29
SEC annual filing · 2024-12-31 ↗Source date 2026-01-29
SEC annual filing · 2023-12-31 ↗Source date 2026-01-29
SEC annual filing · 2022-12-31 ↗Source date 2025-01-30
SEC issuer record ↗Source date 2026-09-18