Tesla (TSLA) Net Margin (2010 - 2026)
Tesla's (TSLA) quarterly Net Margin came in at 3.99% in Q2 2026, down 129.0% year-over-year from 13.78% in Q2 2025, and up 82.15% quarter-over-quarter from 2.19% in Q1 2026.
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Analysis
Tesla (TSLA) Net Margin (2010 - 2026) Analysis & Trends
Tesla has disclosed Net Margin across 17 years of filings, most recently posting 3.99% for Q2 2026.
- In Q2 2026, Net Margin fell 129.0% year-over-year to 3.99%; the TTM figure through Jun 2026 stood at 3.73% (down 268.0% YoY), while the FY2025 annual figure was 4.07%, down 325.0% from the prior year.
- Net Margin came in at 3.99% for Q2 2026 at Tesla, up from 2.19% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 31.56% in Q4 2023 to a low of 2.17% in Q1 2025.
- Average Net Margin over 5 years is 9.66%, with a median of 8.18% recorded in 2023.
- Year-over-year, Net Margin surged 1632 bps in 2023 and sank 2324 bps in 2024.
- Over 5 years, Net Margin stood at 15.24% in 2022, then surged by 107 bps to 31.56% in 2023, then sank by 74 bps to 8.32% in 2024, then plunged by 59 bps to 3.44% in 2025, then increased by 16 bps to 3.99% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.99% in Q2 2026, 2.19% in Q1 2026, and 3.44% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 3.99% |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | 12.16% |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 23.85% |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | 7.44% |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 2.68% |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | -2.75% |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | -50.24% |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 4.36% |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 0.61% |
| 10 | Li Auto | 11.82 Bn | -670.23 Mn | 417.98 Mn | -7.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.99% |
| Mar 31, 2026 | 2.19% |
| Dec 31, 2025 | 3.44% |
| Sep 30, 2025 | 4.94% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | 2.17% |
| Dec 31, 2024 | 8.32% |
| Sep 30, 2024 | 8.69% |
| Jun 30, 2024 | 5.55% |
| Mar 31, 2024 | 6.60% |
| Dec 31, 2023 | 31.56% |
| Sep 30, 2023 | 8.04% |
| Jun 30, 2023 | 10.49% |
| Mar 31, 2023 | 10.88% |
| Dec 31, 2022 | 15.24% |
| Sep 30, 2022 | 15.53% |
| Jun 30, 2022 | 13.40% |
| Mar 31, 2022 | 17.49% |
| Dec 31, 2021 | 13.13% |
| Sep 30, 2021 | 11.76% |
API Access
Tesla Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TSLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();