Tesla (TSLA) Operating Income (2010 - 2026)
Tesla (TSLA) recorded Operating Income of $398 million in Q2 2026, down 56.9% from $923 million a year earlier and down 57.7% from the prior quarter.
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Analysis
Tesla (TSLA) Operating Income (2010 - 2026) Analysis & Trends
On a TTM basis, Tesla's Operating Income came in at $4.37 billion as of Jun 30, 2026, down 22.2% year-over-year; for FY2025, it was $4.36 billion, down 38.5% from FY2024.
- Annual Operating Income has declined for three straight years, though with a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $7.08 billion in FY2024 (-20.4%), $8.89 billion in FY2023 (-34.9%), $13.66 billion in FY2022 (+109.4%) and $6.52 billion in FY2021 (+227.1%).
- The Q2 2026 figure is the lowest quarterly Operating Income since Q2 2020.
- On a year-over-year basis, Operating Income rose in two of the last eight quarters, with an average decline of 6.2%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 506.6% in Q1 2022, against a decline of 65.9% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $941 million (Q1 2026), $1.41 billion (Q4 2025) and $1.62 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 398.00 Mn |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 1.46 Bn |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 703.29 Mn |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | 638.00 Mn |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | 3.33 Bn |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 6.67 Bn |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 1.34 Bn |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | -836.00 Mn |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 815.98 Mn |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | -339.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 398.00 Mn |
| Mar 31, 2026 | 941.00 Mn |
| Dec 31, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.62 Bn |
| Jun 30, 2025 | 923.00 Mn |
| Mar 31, 2025 | 399.00 Mn |
| Dec 31, 2024 | 1.58 Bn |
| Sep 30, 2024 | 2.72 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.17 Bn |
| Dec 31, 2023 | 2.06 Bn |
| Sep 30, 2023 | 1.76 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.66 Bn |
| Dec 31, 2022 | 3.90 Bn |
| Sep 30, 2022 | 3.69 Bn |
| Jun 30, 2022 | 2.46 Bn |
| Mar 31, 2022 | 3.60 Bn |
| Dec 31, 2021 | 2.61 Bn |
| Sep 30, 2021 | 2.00 Bn |
API Access
Tesla Operating Income 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=operating-income&ticker=TSLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();