Tesla (TSLA) Operating Expenses (2010 - 2026)

Tesla (TSLA) posted Operating Expenses of $4.4 billion for Q2 2026, up 15.19% sequentially from $3.8 billion in Q1 2026, and up 47.31% YoY from $3.0 billion in Q2 2025.

Tesla (TSLA) Operating Expenses (2010 - 2026) Analysis & Trends

Tesla has reported Operating Expenses for 17 years, with the latest figure at $4.4 billion in Q2 2026.

  • Quarterly Operating Expenses rose 47.31% year-over-year to $4.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $15.2 billion (up 43.24% YoY) and the FY2025 annual result came in at $12.7 billion, up 22.8% from the prior year.
  • Operating Expenses rose to $4.4 billion in Q2 2026 per TSLA's latest filing, from $3.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.4 billion in Q2 2026 and troughed at $1.7 billion in Q3 2022.
  • A 5-year average of $2.6 billion and a median of $2.5 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses decreased 16.03% in 2022, then soared 50.44% in 2025.
  • Over 5 years, Operating Expenses stood at $1.9 billion in 2022, then rose by 26.55% to $2.4 billion in 2023, then increased by 9.35% to $2.6 billion in 2024, then soared by 38.67% to $3.6 billion in 2025, then increased by 20.92% to $4.4 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.4 billion, $3.8 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,042.09 Bn 998.56 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 242.42 Bn 108.20 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 122.32 Bn 88.11 Bn -34.06 Bn 239.73 Bn
4 Ford Motor 81.57 Bn 50.24 Bn 6.08 Bn 47.66 Bn
5 General Motors 80.05 Bn 55.33 Bn 7.33 Bn 46.57 Bn
6 Li Auto 26.01 Bn 12.56 Bn 262.11 Mn -696.85 Mn
7 Xpeng 22.52 Bn 19.98 Bn 388.90 Mn -660.64 Mn
8 Rivian Automotive 20.71 Bn 15.40 Bn 179.00 Mn 1.02 Bn
9 Stellantis 16.33 Bn -25.12 Bn 5.55 Bn 4.85 Bn
10 Nio 11.59 Bn 7.00 Bn 704.43 Mn -749.20 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 4.35 Bn
Mar 31, 2026 3.78 Bn
Dec 31, 2025 3.60 Bn
Sep 30, 2025 3.43 Bn
Jun 30, 2025 2.96 Bn
Mar 31, 2025 2.75 Bn
Dec 31, 2024 2.60 Bn
Sep 30, 2024 2.28 Bn
Jun 30, 2024 2.97 Bn
Mar 31, 2024 2.53 Bn
Dec 31, 2023 2.37 Bn
Sep 30, 2023 2.41 Bn
Jun 30, 2023 2.13 Bn
Mar 31, 2023 1.85 Bn
Dec 31, 2022 1.88 Bn
Sep 30, 2022 1.69 Bn
Jun 30, 2022 1.77 Bn
Mar 31, 2022 1.86 Bn
Dec 31, 2021 2.23 Bn
Sep 30, 2021 1.66 Bn