Tesla (TSLA) Net Margin (2010 - 2026)

Tesla has disclosed Net Margin across 17 years of filings, most recently posting 2.19% for Q1 2026.

• Net Margin for Q1 2026 came in at 2.19%, up 2.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.01% (down 243.0% YoY), and the FY2025 annual result was 4.07%, down 325.0% from the prior year.
• Net Margin came in at 2.19% for Q1 2026 at Tesla, down from 3.45% 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.
• The 5-year median for Net Margin is 8.34% (2024), against an average of 9.99%.
• Across the five-year window, Net Margin jumped 1632 bps in 2023 and slumped 2322 bps in 2024, its largest moves.
• Tesla's Net Margin stood at 15.24% in 2022, then surged by 107 bps to 31.56% in 2023, then slumped by 74 bps to 8.34% in 2024, then sank by 59 bps to 3.45% in 2025, then plunged by 36 bps to 2.19% in 2026.
• The last three Net Margin figures came in at 2.19% (Q1 2026), 3.45% (Q4 2025), and 4.94% (Q3 2025), per Business Quant data.