KPIs & Operating Metrics(New)
Growth Metrics

Tesla (TSLA) Operating Margin (2016 - 2025)

Tesla (TSLA) has disclosed Operating Margin for 16 consecutive years, with 5.66% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 50.0% to 5.66% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 4.59% through Dec 2025, down 265.0% year-over-year, with the annual reading at 4.59% for FY2025, 265.0% down from the prior year.
  • Operating Margin hit 5.66% in Q4 2025 for Tesla, down from 5.78% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 19.21% in Q1 2022 to a low of 2.06% in Q1 2025.
  • Historically, Operating Margin has averaged 9.81% across 5 years, with a median of 8.91% in 2023.
  • Biggest five-year swings in Operating Margin: skyrocketed 2570bps in 2021 and later plummeted -964bps in 2023.
  • Year by year, Operating Margin stood at 14.75% in 2021, then rose by 9bps to 16.04% in 2022, then plummeted by -49bps to 8.2% in 2023, then dropped by -25bps to 6.16% in 2024, then fell by -8bps to 5.66% in 2025.
  • Business Quant data shows Operating Margin for TSLA at 5.66% in Q4 2025, 5.78% in Q3 2025, and 4.1% in Q2 2025.