Tesla Releases Fiscal 2026 Third Quarter Financial Results

LongportOct 21, 2026 11:36 PM

View all comments（0）



Tesla's Third Quarter Revenue totaled $28.046 billion, a year-over-year decrease of 0.2%, broadly in line with the consensus estimate of $28.111 billion. Net income attributable to common shareholders was $787 million, down 42.7% year over year and 14.7% below the consensus estimate of $923 million. GAAP diluted earnings per share (EPS) were $0.22, a 43.6% year-over-year decline and 15.3% lower than the consensus estimate of $0.26. Excluding items such as $982 million in after-tax stock-based compensation expenses, non-GAAP diluted EPS stood at $0.48.

Segments and Margins

Automotive revenue was $20.560 billion, down 3.0% year over year, accounting for 73.3% of total revenue; Energy generation and storage revenue was $2.881 billion, down 15.6% year over year, representing 10.3%; Services and other revenue was $4.605 billion, up 32.5% year over year, making up 16.4%, with its gross profit rising by $86 million quarter over quarter to $734 million, a record high. Active FSD subscribers increased to 1.74 million, while quarterly deliveries reached 486,500 vehicles, a 2% year-over-year decline. Gross margin was 19.6%, an increase of 160 basis points year over year; operating margin was 2.6%, a decrease of 322 basis points year over year, with R&D expenses at $2.761 billion; net profit margin attributable to common shareholders was 2.8%.

Cash Flow

Operating cash flow was $6.263 billion, 7.8 times the net income of $804 million, with changes in accounts payable, accruals, and other liabilities contributing $3.991 billion. Capital expenditures amounted to $4.732 billion, resulting in free cash flow of $1.531 billion, or 5.5% of revenue. Cash, cash equivalents, and short-term investments at the end of the quarter totaled $45.447 billion, an increase of $1.9 billion from the previous quarter.

Data is subject to company disclosures. This article is for reference only and does not constitute investment advice.

Financial data source: (2026-10-21) · Consensus estimates source: Longbridge

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Japan, South Korea Stocks Open Down Across the Board; Kospi Falls Nearly 3%, Nikkei 225 Drops Over 1%, Samsung Down Over 5%, Kioxia Falls Over 7%

TradingKey - On October 23, Japanese and South Korean stock markets broadly declined in early trading, with South Korea experiencing a more noticeable drop. Japan's Nikkei 225 Index opened at 62,667.05 points and continued to slide, falling 1.68% to around 61,830 points. South Korea's Korea Composite Stock Price Index (KOSPI) opened at 5,403.17 points, down about 2.36%, with losses later widening to 3.27% at 5,352.61 points. Stock markets in both countries extended their pullback from the previous trading day.

Bloom Energy Q3 Revenue Up 138% YoY, EPS Swings to Profit, But Shares Tumble 7% After Hours

On October 22, Bloom Energy (BE) reported its third-quarter 2026 financial results, posting record quarterly revenue. Rapid growth in product revenue drove margin expansion, while net profit turned profitable year-over-year. The company also raised its full-year guidance for the third time this year.

US Stocks Close: Nasdaq Drops 2.6%, SOX Falls Over 6%; Jensen Huang's Remarks on Capital Shortage Spark Financing Concerns, Meta Drops 7% After Earnings

On Thursday, October 22 Eastern Time, U.S. stocks fell, with technology and AI-related shares coming under pressure. Meta's disclosure of massive future spending commitments, coupled with remarks from Nvidia CEO Jensen Huang regarding capital shortages, reignited market concerns over AI infrastructure financing and return on investment. Geopolitical tensions drove up oil prices, further weighing on market sentiment.

Japan and South Korea Stocks Slump; Kospi Drops 3.52%, SK Hynix Falls Over 5%, Kioxia Drops Nearly 7%

TradingKey - On October 22, Japanese and South Korean stock markets faced another sell-off. South Korea's KOSPI Index closed down 3.52% at 5,533.78, while Japan's Nikkei 225 Index fell 2.65% to close at 62,907.84, dropping below the 63,000-point level for the first time since September 14.

Taoyuan Union Launches 24-Hour Strike as Scheduled Despite Micron Reaching Deal With Taichung Union

TradingKey - Labor disputes at Micron Technology (MU) in Taiwan have diverged. On October 21 local time, the union at Micron's Taichung plant reached a consensus with the company on multiple issues and signed a labor agreement, with both sides agreeing to withdraw from the mediation proceedings originally scheduled for October 22. However, negotiations between the company and the union at the Taoyuan plant failed to reach an agreement. The Taoyuan union launched a 24-hour strike at 9:00 a.m. on October 22, which is expected to last until 9:00 a.m. on October 23.

Featured Tools