TSLA Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), TSLA reported revenue of $28.2B, gross profit of $4.8B (16.8% gross margin), operating income of $398M, and net income of $1.1B (3.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TSLA was profitable; revenue grew 26.1% quarter over quarter, and revenue beat consensus by 6.9%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +26.1% | +126.9% | +1.8 pp |
Consensus revenue estimate was $26.4B; reported revenue was +6.9% versus consensus. EPS was $0.33 versus $0.50 expected.
TSLA Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $28.2B | 100% |
| Cost of Revenue | −$23.5B | 83.2% |
| Gross Profit | $4.8B | 16.8% |
| Research & Development | −$2.4B | 8.4% |
| Selling, General & Administrative | −$2.0B | 7.0% |
| Operating Income | $398M | 1.4% |
| Interest Expense | −$81M | 0.3% |
| Other Income, net | $1.0B | 3.6% |
| Income Tax Expense | −$201M | 0.7% |
| Net Income | $1.1B | 3.9% |
Source: original SEC filing (filed 2026-07-22). Accession 0001628280-26-049213. Data normalized by EarningsFyi.