Tesla (TSLA) Net Margin (2010 - 2026)
Tesla recorded quarterly Net Margin of 2.19% in Q1 2026, down 36.42% quarter-over-quarter from 3.45% in Q4 2025, and up 2.0% year-over-year from 2.15% in Q1 2025.
Tesla's Net Margin history runs 17 years deep, the most recent figure standing at 2.19% for Q1 2026.
- In Q1 2026, Net Margin rose 2.0% year-over-year to 2.19%; the TTM figure through Mar 2026 stood at 4.01% (down 243.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 9.99% and a median of 8.34% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 1632 bps in 2023 and sank 2322 bps in 2024, its largest moves.
- Tesla's Net Margin stood at 15.24% in 2022, then soared by 107 bps to 31.56% in 2023, then sank by 74 bps to 8.34% in 2024, then plunged by 59 bps to 3.45% in 2025, then tumbled by 36 bps to 2.19% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.19%, 3.45%, and 4.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 2.19% |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 6.64% |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 5.89% |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 1.02% |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | -30.12% |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 1.46% |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | -1.88% |
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% |
| Mar 31, 2021 | 4.47% |
| Dec 31, 2020 | 2.51% |
| Sep 30, 2020 | 3.42% |
| Jun 30, 2020 | 2.14% |
| Mar 31, 2020 | 1.14% |
| Dec 31, 2019 | 1.42% |
| Sep 30, 2019 | 2.27% |
| Jun 30, 2019 | -6.13% |
| Mar 31, 2019 | -14.71% |
| Dec 31, 2018 | 2.91% |
| Sep 30, 2018 | 3.72% |
| Jun 30, 2018 | -17.93% |
| Mar 31, 2018 | -20.81% |
| Dec 31, 2017 | -20.54% |
| Sep 30, 2017 | -20.75% |
| Jun 30, 2017 | -16.70% |
| Mar 31, 2017 | -16.23% |
| Dec 31, 2016 | -144.28% |
| Sep 30, 2016 | 0.95% |
| Jun 30, 2016 | -23.09% |
| Mar 31, 2016 | -24.61% |
| Dec 31, 2015 | -26.38% |
| Sep 30, 2015 | -24.54% |
| Jun 30, 2015 | -19.29% |
| Mar 31, 2015 | -16.40% |
| Dec 31, 2014 | -4.93% |
| Sep 30, 2014 | -8.77% |
| Jun 30, 2014 | -8.05% |
| Mar 31, 2014 | -8.03% |
| Dec 31, 2013 | -2.64% |
| Sep 30, 2013 | -8.92% |
| Jun 30, 2013 | -7.53% |
| Mar 31, 2013 | 2.00% |
| Dec 31, 2012 | -29.57% |
| Sep 30, 2012 | -221.15% |
| Jun 30, 2012 | -396.21% |
| Mar 31, 2012 | -297.92% |
| Dec 31, 2011 | 440.11% |
| Sep 30, 2011 | -112.85% |
| Jun 30, 2011 | -101.26% |
| Mar 31, 2011 | -99.82% |
| Dec 31, 2010 | -143.13% |
| Sep 30, 2010 | -111.82% |
| Jun 30, 2010 | -135.60% |