Tesla (TSLA) Cost of Revenue (2010 - 2026)
Tesla's (TSLA) quarterly Cost of Revenue came in at $17.7 billion in Q1 2026, up 9.18% year-on-year from $16.2 billion in Q1 2025, and down 11.19% quarter-over-quarter from $19.9 billion in Q4 2025.
Tesla (TSLA) Cost of Revenue (2010 - 2026) Analysis & Trends
Tesla has disclosed Cost of Revenue across 17 years of filings, most recently posting $17.7 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $17.7 billion, up 9.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $79.2 billion (up 0.51% YoY), and the FY2025 annual result was $77.7 billion, down 3.12% from the prior year.
- Cost of Revenue came in at $17.7 billion for Q1 2026 at Tesla, down from $19.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $23.0 billion in Q3 2025 to a low of $12.7 billion in Q2 2022.
- The 5-year median for Cost of Revenue is $18.8 billion (2023), against an average of $18.6 billion.
- Across the five-year window, Cost of Revenue jumped 62.66% in 2022 and retreated 11.01% in 2025, its largest moves.
- Tesla's Cost of Revenue stood at $18.5 billion in 2022, then rose by 11.8% to $20.7 billion in 2023, then increased by 3.85% to $21.5 billion in 2024, then slipped by 7.6% to $19.9 billion in 2025, then decreased by 11.19% to $17.7 billion in 2026.
- The last three Cost of Revenue figures came in at $17.7 billion (Q1 2026), $19.9 billion (Q4 2025), and $23.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn | 17.67 Bn |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn | 63.11 Bn |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn | 1.01 Bn |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn | 35.03 Bn |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn | 35.31 Bn |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn | 1.26 Bn |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn | 1.36 Bn |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn | 55,143.69 Bn |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | 1.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.67 Bn |
| Mar 31, 2026 | 17.67 Bn |
| Dec 31, 2025 | 19.89 Bn |
| Dec 31, 2025 | 19.89 Bn |
| Sep 30, 2025 | 23.04 Bn |
| Sep 30, 2025 | 23.04 Bn |
| Jun 30, 2025 | 18.62 Bn |
| Jun 30, 2025 | 18.62 Bn |
| Mar 31, 2025 | 16.18 Bn |
| Mar 31, 2025 | 16.18 Bn |
| Dec 31, 2024 | 21.53 Bn |
| Dec 31, 2024 | 21.53 Bn |
| Sep 30, 2024 | 20.19 Bn |
| Sep 30, 2024 | 20.19 Bn |
| Jun 30, 2024 | 20.92 Bn |
| Jun 30, 2024 | 20.92 Bn |
| Mar 31, 2024 | 17.61 Bn |
| Mar 31, 2024 | 17.61 Bn |
| Dec 31, 2023 | 20.73 Bn |
| Dec 31, 2023 | 20.73 Bn |