Tesla (TSLA) Net Margin (2010 - 2026)
Tesla (TSLA) posted Net Margin of 2.19% for Q1 2026, down 36.42% sequentially from 3.45% in Q4 2025, and up 2.0% YoY from 2.15% in Q1 2025.
Tesla (TSLA) Net Margin (2010 - 2026) Analysis & Trends
Tesla (TSLA) has 17 years of Net Margin data on file, last reported at 2.19% in Q1 2026.
- Quarterly Net Margin rose 2.0% year-over-year to 2.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.01% (down 243.0% YoY) and the FY2025 annual result came in at 4.07%, down 325.0% from the prior year.
- Net Margin fell to 2.19% in Q1 2026 per TSLA's latest filing, from 3.45% in the prior quarter.
- The five-year high for Net Margin was 31.56% in Q4 2023, with the low at 2.17% in Q1 2025.
- Average Net Margin over 5 years is 9.99%, with a median of 8.34% recorded in 2024.
- Year-over-year, Net Margin surged 1632 bps in 2023 and plunged 2322 bps in 2024.
- Tesla's Net Margin stood at 15.24% in 2022, then surged by 107 bps to 31.56% in 2023, then tumbled by 74 bps to 8.34% in 2024, then slumped by 59 bps to 3.45% in 2025, then sank by 36 bps to 2.19% in 2026.
- Business Quant data shows TSLA's Net Margin at 2.19% in Q1 2026, 3.45% in Q4 2025, and 4.94% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 2.19% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 5.89% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 6.64% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -13.69% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -30.12% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -9.96% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -1.94% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 0.00% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -401.57% |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | 1.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.19% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 4.94% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | 2.17% |
| Dec 31, 2024 | 8.34% |
| 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% |
| Jun 30, 2021 | 9.85% |