Tesla (TSLA) Gross Margin (2010 - 2026)

Tesla has disclosed Gross Margin across 17 years of filings, most recently posting 21.08% for Q1 2026.

• Gross Margin for Q1 2026 came in at 21.08%, up 478.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.07% (up 140.0% YoY), and the FY2025 annual result was 18.03%, up 16.0% from the prior year.
• Gross Margin came in at 21.08% for Q1 2026 at Tesla, up from 20.12% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 29.11% in Q1 2022 to a low of 16.26% in Q4 2024.
• The 5-year median for Gross Margin is 18.19% (2023), against an average of 20.01%.
• Across the five-year window, Gross Margin soared 779 bps in 2022 and tumbled 977 bps in 2023, its largest moves.
• Tesla's Gross Margin stood at 23.76% in 2022, then dropped by 26 bps to 17.63% in 2023, then retreated by 8 bps to 16.26% in 2024, then increased by 24 bps to 20.12% in 2025, then gained by 5 bps to 21.08% in 2026.
• The last three Gross Margin figures came in at 21.08% (Q1 2026), 20.12% (Q4 2025), and 17.99% (Q3 2025), per Business Quant data.