TESLA, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures adjusted for later stock splits (split ratios inferred from EPS restated in later SEC filings).
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 6,584 | 7.4 |
| Stockholders' equity | 82,137 | 92.6 |
| Total capitalization | 88,721 | 100.0 |
3,949,547,394 shares outstanding at 16 July 2026 (cover page of the 10-Q filed 23 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 6,584 |
| Current maturities | 1,569 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 6,000,000,000 |
| Common shares issued | 3,751,000,000 |
| Par or stated value per share ($) | 0.001 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/16/26 | 3,949,547,394 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Texas. Formerly known as TESLA MOTORS INC (to 27 January 2017).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3711, Motor Vehicles & Passenger Car Bodies. Large accelerated filer. Principal executive office: 1 Tesla Road, Austin, TX 78725. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 94,827 | 97,690 | 96,773 |
| Cost of revenues | 77,733 | 80,240 | 79,113 |
| Gross profit | 17,094 | 17,450 | 17,660 |
| Research and development | 6,411 | 4,540 | 3,969 |
| Selling, general and administrative | 5,834 | 5,150 | 4,800 |
| Depreciation and amortization | 5,030 | 4,120 | 3,330 |
| Operating income | 4,355 | 7,076 | 8,891 |
| Interest expense | 338 | 350 | 156 |
| Income before income taxes | 5,278 | 8,990 | 9,973 |
| Income taxes | 1,423 | 1,837 | (5,001) |
| Net income | 3,794 | 7,091 | 14,997 |
| Earned per share, diluted ($) | 1.08 | 2.04 | 4.30 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 16,513 | 16,139 |
| Receivables, net | 4,576 | 4,418 |
| Inventories | 12,392 | 12,017 |
| Total current assets | 68,642 | 58,360 |
| Property, plant and equipment, net | 40,643 | 35,836 |
| Goodwill | 257 | 244 |
| Total assets | 137,806 | 122,070 |
| Total current liabilities | 31,714 | 28,821 |
| Total liabilities | 54,941 | 48,390 |
| Stockholders' equity | 82,137 | 72,913 |
| Total liabilities and equity | 137,806 | 122,070 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 94,827 | 4,355 | 3,794 | 4.0 | 1.08 | – | 14,747 | 8,527 | 6,220 | 137,806 | 54,941 | 6,584 | 82,137 | 4.6 | 0.08 |
| 12/31/24 | 97,690 | 7,076 | 7,091 | 7.3 | 2.04 | – | 14,923 | 11,342 | 3,581 | 122,070 | 48,390 | 5,535 | 72,913 | 9.7 | 0.08 |
| 12/31/23 | 96,773 | 8,891 | 14,997 | 15.5 | 4.30 | – | 13,256 | 8,899 | 4,357 | 106,618 | 43,009 | 2,682 | 62,634 | 23.9 | 0.04 |
| 12/31/22 | 81,462 | 13,656 | 12,556 | 15.4 | 3.62 | – | 14,724 | 7,158 | 7,566 | 82,338 | 36,440 | 1,029 | 44,704 | 28.1 | 0.02 |
| 12/31/21 | 53,823 | 6,523 | 5,519 | 10.3 | 1.63 | – | 11,497 | 6,482 | 5,015 | 62,131 | 30,548 | 4,254 | 30,189 | 18.3 | 0.14 |
| 12/31/20 | 31,536 | 1,994 | 721 | 2.3 | 0.21 | – | 5,943 | 3,157 | 2,786 | 52,148 | 28,418 | 8,462 | 22,225 | 3.2 | 0.38 |
| 12/31/19 | 24,578 | (69) | (862) | -3.5 | (0.33) | – | 2,405 | 1,327 | 1,078 | 34,309 | 26,199 | 10,402 | 6,618 | -13.0 | 1.57 |
| 12/31/18 | 21,461 | (388) | (976) | -4.5 | (0.38) | – | 2,098 | 2,101 | (3) | 29,740 | 23,427 | 8,411 | 4,923 | -19.8 | 1.71 |
| 12/31/17 | 11,759 | (1,632) | (1,962) | -16.7 | (0.79) | – | (61) | 3,415 | (3,476) | 28,655 | 23,023 | 8,829 | 4,237 | -46.3 | 2.08 |
| 12/31/16 | 7,000 | (667) | (675) | -9.6 | (0.31) | – | (124) | 1,281 | (1,405) | 22,664 | 16,750 | 5,892 | 4,753 | -14.2 | 1.24 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Tesla, Inc.
CIK 1318605 · EIN 91-2197729
PRINCIPAL OFFICE:
1 Tesla Road, Austin, TX 78725
Tel.: 512-516-8177
INCORPORATED:
Texas
INDUSTRY (SEC SIC CODE):
3711 · Motor Vehicles & Passenger Car Bodies
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 29 January 2026
FORMER NAMES:
TESLA MOTORS INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 1/29/26) · 10-K FY2024 (filed 1/30/25) · 10-K FY2023 (filed 1/29/24) · 10-K FY2022 (filed 1/31/23) · 10-K FY2021 (filed 2/7/22) · 10-K FY2020 (filed 2/8/21) · 10-K FY2019 (filed 2/13/20) · 10-K FY2018 (filed 2/19/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.