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Tesla profit margin TSLA

Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.

Net margin, 12 months
n/m
not a meaningful number
Operating margin, 12 months
4.2%
Net margin on a year earlier
−2.7 pts
Peer median
13.6%

Tesla's net margin works out at 4% over the last twelve months, but it is not a meaningful number: net income for Q3 FY26 is missing, so twelve months can't be added up yet.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20254.0%4.6%18.0%
FY20247.3%7.2%17.9%
FY202315.5%9.2%18.2%
FY202215.4%16.8%25.6%
FY202110.2%12.1%25.3%
FY20202.3%6.3%21.0%
FY2019−3.5%−0.3%16.6%
FY2018−4.5%−1.8%18.8%
FY2017−16.7%−13.9%18.9%
FY2016−9.6%−9.5%22.8%
FY2015−22.0%−17.7%22.8%
FY2014−9.2%−5.8%27.6%
FY2013−3.7%−3.0%22.7%
FY2012−95.9%−95.4%7.3%
FY2011n/an/a30.2%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY263.7%−2.7 pts4.2%
Q1 FY263.9%−2.4 pts5.0%
Q4 FY254.0%−3.3 pts4.6%
Q3 FY255.3%−8.0 pts4.7%
Q2 FY256.3%−6.8 pts6.1%
Q1 FY256.4%−8.3 pts6.6%
Q4 FY247.3%−8.2 pts7.2%
Q3 FY2413.3%+2.1 pts7.8%
Q2 FY2413.2%+0.2 pts6.9%
Q1 FY2414.6%+1.0 pts7.8%
Q4 FY2315.5%+0.1 pts9.2%
Q3 FY2311.2%−3.7 pts11.2%

Against its peers

Companies in Consumer Cyclical nearest Tesla's size, closest first, today.

CompanyProfit margin
TSLATeslan/m
AMZNAmazon.com17.4%
HDHome Depot8.4%
MCDMcDonald's31.7%
TJXTJX Companies9.7%
Peer median13.6%

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Tesla

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.