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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tesla (TSLA) Gross Margin (2016 - 2025)

Tesla's Gross Margin history spans 16 years, with the latest figure at 20.12% for Q4 2025.

  • For Q4 2025, Gross Margin rose 386.0% year-over-year to 20.12%; the TTM value through Dec 2025 reached 18.03%, up 16.0%, while the annual FY2025 figure was 18.03%, 16.0% up from the prior year.
  • Gross Margin for Q4 2025 was 20.12% at Tesla, up from 17.99% in the prior quarter.
  • Across five years, Gross Margin topped out at 29.11% in Q1 2022 and bottomed at 16.26% in Q4 2024.
  • The 5-year median for Gross Margin is 19.59% (2023), against an average of 20.92%.
  • The largest annual shift saw Gross Margin soared 813bps in 2021 before it tumbled -977bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 27.35% in 2021, then decreased by -13bps to 23.76% in 2022, then decreased by -26bps to 17.63% in 2023, then decreased by -8bps to 16.26% in 2024, then rose by 24bps to 20.12% in 2025.
  • Per Business Quant, the three most recent readings for TSLA's Gross Margin are 20.12% (Q4 2025), 17.99% (Q3 2025), and 17.24% (Q2 2025).