Tesla (TSLA) Q3 2026 results
Q3 2026: quarter ended Sep 30, 2026 (13 weeks)/Release accepted Oct 21, 2026 4:41 PM ET
Revenue -0.2% YoY
Compared with Q3 2025, the same quarter a year earlier.
- Revenue
- $28.0Bdown −0.2% YoY
- Net income
- $787Mdown −42.7% YoY
- Diluted EPS
- $0.22down −43.6% YoY
Q3 2026 = quarter ended Sep 30, 2026Data as of
Tesla reported revenue of $28.0B for Q3 2026 (quarter ended Sep 30, 2026), -0.2% year over year. That is the 3rd highest of 63 comparable quarters since Q1 2011.
Informational only. Not investment advice or a recommendation to buy, sell or hold any security. Figures are from company filings retrieved via SEC EDGAR; press-release (preliminary) figures may be revised in the 10-Q/10-K. Data as of Oct 21, 2026 8:12 PM ET.
Net income was $787M; diluted EPS was $0.22. Every figure here comes from 10-Q filed Oct 22, 2026. The earnings release reached the SEC at Oct 21, 2026 4:41 PM ET, and this is the latest Tesla quarter on the site. Longer history: TSLA earnings history.
Revenue, last 12 quarters
Revenue roughly flat on a year earlier (-0.2%)
Tesla quarterly revenue, Q4 2023 to Q3 2026 (bar chart)
Bars: revenue. Labels: change from the same quarter a year earlier.
- Q3 2026
- Earlier quarters
- * Derived: fiscal year minus nine months (Q4 is inside the 10-K)
Quarterly revenue for the last 12 quarters, Q3 2026 highlighted; the bars are labelled with each quarter's year-over-year change. Derived values (fiscal year minus nine months): Q4 2023, Q4 2024, Q4 2025.
Show these 12 quarters as a table
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026ended Sep 30, 2026 | $28.0B | down −0.2% |
| Q2 2026ended Jun 30, 2026 | $28.2B | up +25.5% |
| Q1 2026ended Mar 31, 2026 | $22.4B | up +15.8% |
| Q4 2025*ended Dec 31, 2025 | $24.9B | down −3.1% |
| Q3 2025ended Sep 30, 2025 | $28.1B | up +11.6% |
| Q2 2025ended Jun 30, 2025 | $22.5B | down −11.8% |
| Q1 2025ended Mar 31, 2025 | $19.3B | down −9.2% |
| Q4 2024*ended Dec 31, 2024 | $25.7B | up +2.1% |
| Q3 2024ended Sep 30, 2024 | $25.2B | up +7.8% |
| Q2 2024ended Jun 30, 2024 | $25.5B | up +2.3% |
| Q1 2024ended Mar 31, 2024 | $21.3B | down −8.7% |
| Q4 2023*ended Dec 31, 2023 | $25.2B | up +3.5% |
What the numbers mean
Revenue of $28,046M was little changed from the $28,095M of Q3 2025 (-0.2%). On Q2 2026 it was down 0.7%, or $190M.
Net income of $787M was down 42.7% on $1,373M a year earlier: $586M less. Net income took 2.8% of revenue, about 3 cents in every dollar; a year ago it took 4.9%, so the margin narrowed by 2.1 pp.
Diluted EPS came to $0.22, down 43.6% on $0.39 a year earlier, in step with net income (-42.7%). The diluted share count (3,541M) moved by less than 1%, so EPS and net income tell much the same story.
Over the last four quarters, to Sep 30, 2026, revenue totals $103.6B and net income $3.2B, a 3.1% margin; the latest quarter's 2.8% is close to that average.
The numbers
| Metric | Q3 2026ended Sep 30, 2026 | Q3 2025ended Sep 30, 2025 | Q2 2026ended Jun 30, 2026 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue | $28,046M3 | $28,095M3 | $28,236M1 | down −0.2% | down −0.7% |
| Net income | $787M3 | $1,373M3 | $1,114M1 | down −42.7% | down −29.4% |
| Diluted EPS | $0.223 | $0.393 | $0.321 | down −43.6% | down −31.3% |
What stands out
- Revenue ranks 3rd among 63 comparable quarters since Q1 2011; 2 quarters were higher.
- Revenue is 0.2% below Q3 2025.
- Revenue is 0.7% below the previous quarter, Q2 2026.
- Net margin is 2.8% in Q3 2026, down 2.1 pp from 4.9% a year earlier.
Bottom line
Tesla's revenue was roughly flat (-0.2%) from a year earlier, while net income fell (-42.7%). Revenue of $28.0B ranks 3rd among 63 comparable quarters since Q1 2011.
Editor's note
Tesla's Q3 2026 net income was $787M on $28.0B of revenue. Sales barely moved between the last two quarters, $28.2B in Q2 2026 and $28.0B in Q3, yet net income dropped 29.4% from $1,114M, so the squeeze happened between revenue and the bottom line. Diluted EPS of $0.22 fell 43.6%, a little faster than net income, so the average diluted count of 3,541M shares crept up instead of shrinking.
Questions
What was TSLA's revenue in Q3 2026?
Tesla reported revenue of $28,046M for the quarter that ended Sep 30, 2026, -0.2% from $28,095M a year earlier. The figure is taken from the 10-Q filed Oct 22, 2026.
What was TSLA's earnings per share for Q3 2026?
Diluted EPS under US GAAP was $0.22 on net income of $787M. This is the GAAP figure as filed, not an adjusted or non-GAAP number.
Where is the TSLA earnings report for Q3 2026?
The 10-Q with the financial statements was filed on Oct 22, 2026 under accession number 0001628280-26-066775; it is linked in the source list below. The earnings release itself, a Form 8-K, was accepted on Oct 21, 2026 4:41 PM ET (accession 0001628280-26-066738).
Where can I see TSLA earnings history?
The TSLA earnings history page lists all 65 quarters on record (63 of them a like-for-like run since Q1 2011), with annual totals and the timestamps of past earnings releases.
Is the Q3 2026 data for TSLA final?
The TSLA Q3 2026 numbers come from 10-Q filed Oct 22, 2026. A company can restate prior periods in later filings; if that changes a figure here, the page is updated and the change is listed on the corrections page.
More from TSLA
Sources and method
Source: company filings on SEC EDGAR. Each figure traces to one of these documents:
Method: year-over-year change compares the same fiscal quarter of the prior year, for 13-week quarters only.
Figures are GAAP as filed; percentages are rounded to one decimal.