Filing Flows › Tesla (TSLA) › Gross margin
Tesla (TSLA) gross margin by quarter
Tesla's gross margin was 19.6% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026. Over the last 7 quarters it ranged from 16.3% (Q1 2025) to 21.1% (Q1 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 19.6% | +2.8 pts | +1.6 pts |
| Q2 2026 | 16.8% | -4.3 pts | -0.4 pts |
| Q1 2026 | 21.1% | +1.0 pts | +4.8 pts |
| Q4 2025 | 20.1% | +2.1 pts | — |
| Q3 2025 | 18.0% | +0.8 pts | — |
| Q2 2025 | 17.2% | +0.9 pts | — |
| Q1 2025 | 16.3% | — | — |
Q3 2026 at a glance
Tesla, Q3 2026: revenue $28.0B (-0.2% year over year), operating margin 2.6%, net earnings $804M, operating cash flow $6.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is Tesla's gross margin?
Tesla's gross margin was 19.6% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026.
How has Tesla's gross margin changed?
Over the last 7 quarters it ranged from 16.3% (Q1 2025) to 21.1% (Q1 2026).