KPIs & Operating Metrics(New)
Growth Metrics

Tesla (TSLA) Operating Margin (2016 - 2026)

Tesla's Operating Margin history spans 17 years, with the latest figure at 4.2% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 214.0% to 4.2% in Q1 2026 year-over-year; TTM through Mar 2026 was 5.0%, a 158.0% decrease, with the full-year FY2025 number at 4.59%, down 265.0% from a year prior.
  • Operating Margin hit 4.2% in Q1 2026 for Tesla, down from 5.66% in the prior quarter.
  • Over the last five years, Operating Margin for TSLA hit a ceiling of 19.21% in Q1 2022 and a floor of 2.06% in Q1 2025.
  • Historically, Operating Margin has averaged 9.08% across 5 years, with a median of 7.55% in 2023.
  • Biggest five-year swings in Operating Margin: skyrocketed 1349bps in 2022 and later plummeted -964bps in 2023.
  • Tracing TSLA's Operating Margin over 5 years: stood at 16.04% in 2022, then crashed by -49bps to 8.2% in 2023, then fell by -25bps to 6.16% in 2024, then decreased by -8bps to 5.66% in 2025, then dropped by -26bps to 4.2% in 2026.
  • Business Quant data shows Operating Margin for TSLA at 4.2% in Q1 2026, 5.66% in Q4 2025, and 5.78% in Q3 2025.