Tesla, Inc.

Consumer Discretionary Automobile Manufacturers Austin, Texas Last filing Jan 29, 2026 · FY2025

                    Revenue
                    FY2025
                
$94.8B
                    3y CAGR +5.2%
                    
                    P51
                    
                    -2.9%
                    
                    Net income
                    FY2025
                
$3.8B
                    Net margin +4.0%
                    
                    P22
                    
                    -46.5%
                    
                    Total assets
                    FY2025
                
$137.8B
                    ROA +2.8%
                    
                    P22
                    
                    +12.9%
                    
                    Operating cash flow
                    FY2025
                
$14.7B
                    FCF margin +6.6%
                    
                    P23
                    
                    -1.2%

18 yrs · FY2008–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Running CAGR since the earliest displayed year.

Balance Sheet

Assets, liabilities, and equity

36 accounts · 10 years

Total assets $137.8B

Total liabilities $54.9B

Shareholders equity $82.1B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	+19.2%	+21.5%	+25.2%	+29.8%	+39.0%	+54.6%	+22.7%	+4.2%	-0.7%	—
Short Term Investments	—	—	—	—	—	—	—	—	—	—
Accounts Receivable	+27.9%	+31.3%	+32.1%	+34.5%	+30.8%	+39.4%	+38.4%	+37.9%	+3.3%	—
Inventory	+22.0%	+24.6%	+30.9%	+35.6%	+22.7%	+18.7%	+19.8%	+22.7%	+9.5%	—
Prepaid Expenses	+50.3%	+51.4%	+50.4%	+57.3%	+54.7%	+62.2%	+54.2%	+37.1%	+38.0%	—
Other Current Assets	+50.3%	+51.4%	+50.4%	+57.3%	+54.7%	+62.2%	+54.2%	+37.1%	+38.0%	—
Total Current Assets	+30.5%	+32.2%	+34.4%	+36.7%	+34.1%	+43.7%	+24.6%	+15.2%	+5.0%	—
Property,Plant and Equipment	+23.7%	+25.1%	+25.7%	+25.7%	+25.8%	+20.8%	+20.2%	+37.6%	+67.6%	—
Operating Lease Assets	—	—	—	—	—	—	—	—	—	—
Goodwill	—	—	—	—	—	—	—	—	—	—
Intangible Assets	—	-10.9%	-10.1%	-8.9%	-7.3%	-4.5%	-3.4%	-13.3%	-3.9%	—
Long Term Investments	—	—	—	—	—	—	—	—	—	—
Deferred Tax Assets	+28.4%	+31.5%	+37.3%	+20.0%	+22.4%	+28.9%	+25.7%	+11.5%	-20.7%	—
Other Noncurrent Assets	+41.9%	+44.9%	+54.4%	+63.8%	+58.1%	+63.2%	+55.1%	+62.4%	+26.0%	—
Total Assets	+22.2%	+23.4%	+24.8%	+24.0%	+22.3%	+23.2%	+14.8%	+14.6%	+26.4%	—
Liabilities
Accounts Payable	+24.5%	+26.9%	+34.0%	+42.0%	+40.1%	+34.3%	+26.6%	+35.3%	+28.5%	—
Accrued Liabilities	+29.2%	+29.6%	+30.2%	+29.7%	+27.8%	+24.4%	+21.4%	+13.0%	-20.2%	—
Deferred Revenue	+18.2%	+19.5%	+20.8%	+14.8%	+13.7%	+17.6%	+15.1%	-9.1%	+33.0%	—
Current Portion of Long Term Debt	+123.8%	+160.2%	+191.1%	+211.4%	+296.2%	+530.2%	+978.7%	+4364.8%	+71657.7%	—
Operating Lease Liabilities	—	—	—	—	—	—	—	—	—	—
Other Current Liabilities	—	—	—	—	—	—	—	—	—	—
Total Current Liabilities	+20.7%	+22.1%	+25.6%	+28.9%	+27.6%	+25.0%	+22.3%	+31.0%	+31.7%	—
Long Term Debt	+118.1%	+135.3%	+139.7%	+136.4%	+273.0%	+515.6%	+1108.6%	+3678.1%	+149746.6%	—
Deferred Revenue Noncurrent	+17.5%	+18.5%	+21.1%	+22.0%	+19.2%	+10.8%	+12.3%	+7.9%	+38.3%	—
Operating Lease Liabilities Noncurrent	—	—	—	—	—	—	—	—	—	—
Deferred Tax Liabilities	—	+25.4%	+24.3%	+18.3%	+22.4%	+31.4%	+28.3%	+14.0%	-21.2%	—
Other Noncurrent Liabilities	+23.7%	+23.9%	+23.2%	+18.8%	+13.4%	+15.2%	+12.0%	+19.7%	+29.2%	—
Total Liabilities	+14.1%	+14.2%	+14.4%	+13.8%	+12.8%	+14.1%	+16.1%	+18.3%	+37.4%	—
Equity
Preferred Stock	—	—	—	—	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	—
Common Stock	+38.4%	+44.1%	+51.9%	+62.8%	+44.1%	+57.9%	—	+3.7%	+5.0%	—
Additional Paid In Capital	+20.9%	+22.1%	+23.9%	+26.7%	+30.8%	+36.8%	+17.9%	+14.8%	+18.1%	—
Retained Earnings	—	—	—	—	—	—	—	—	—	—
Accumulated Other Comprehensive Income	—	—	—	—	—	—	—	—	—	—
Noncontrolling Interest	-1.7%	-1.4%	-1.0%	-0.0%	+1.0%	+2.0%	+2.6%	+3.1%	+27.0%	—
Total Stockholders Equity	+37.2%	+40.7%	+44.5%	+45.3%	+44.7%	+47.1%	+11.7%	+1.8%	-10.8%	—
Total Liabilitiesand Equity	+22.2%	+23.4%	+24.8%	+24.0%	+22.3%	+23.2%	+14.8%	+14.6%	+26.4%	—

Income Statement

Revenue, expense, and profitability

20 accounts · 10 years

Revenue $94.8B

Operating income $4.4B

Net income $3.8B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	+33.6%	+39.0%	+45.5%	+50.5%	+50.4%	+45.7%	+52.0%	+75.1%	+68.0%	—
Expenses Cost of Revenue	+34.5%	+40.1%	+46.7%	+49.6%	+49.4%	+46.5%	+56.0%	+79.6%	+76.6%	—
Expenses Research and Development	+25.4%	+23.6%	+25.0%	+24.3%	+25.5%	+15.6%	+17.2%	+32.3%	+65.1%	—
Expenses Selling,General and Administrative	+16.9%	+17.3%	+18.9%	+18.4%	+25.8%	+21.7%	+22.7%	+40.7%	+73.0%	—
Expenses Share Based Compensation	+26.8%	+25.1%	+27.3%	+29.3%	+44.7%	+50.9%	+39.0%	+49.7%	+39.7%	—
Expenses Restructuring and Asset Impairment	—	—	—	—	—	—	—	—	—	—
Expenses Operating Expenses	+21.1%	+20.9%	+21.3%	+21.2%	+25.6%	+19.6%	+22.2%	+39.8%	+70.1%	—
Other Income Expense Gross Profit	+30.1%	+34.8%	+40.9%	+53.4%	+53.4%	+42.7%	+36.5%	+59.0%	+39.0%	—
Other Income Expense Operating Income	—	—	—	—	—	—	—	—	—	—
Other Income Expense Interest Income	+79.9%	+91.9%	+99.3%	+80.7%	+45.7%	+36.9%	+72.8%	+67.7%	+122.7%	—
Other Income Expense Interest Expense	-26.8%	-24.5%	-3.4%	-0.7%	+13.3%	+39.3%	+51.0%	+82.6%	+136.9%	—
Other Income Expense Other Income/expense	—	+25.7%	+6.4%	—	+3.9%	—	-26.0%	-55.5%	—	—
Other Income Expense Income Before Tax	—	—	—	—	—	—	—	—	—	—
Income Tax Income Tax Expense	+55.5%	+69.7%	—	+86.7%	+92.1%	+81.9%	+60.3%	+47.4%	+19.9%	—
net Income net Income	—	—	—	—	—	—	—	—	—	—
net Income Comprehensive Income	—	—	—	—	—	—	—	—	—	—
Earnings Per Share Basic Eps	—	—	—	—	—	—	—	—	—	—
Earnings Per Share Diluted Eps	—	—	—	—	—	—	—	—	—	—
Earnings Per Share Weighted Average Shares Basic	+41.2%	+47.3%	+55.5%	+67.0%	+83.0%	+109.9%	+83.2%	+143.2%	+15.1%	—
Earnings Per Share Weighted Average Shares Diluted	+42.7%	+49.0%	+57.6%	+70.0%	+88.0%	+117.9%	+83.2%	+143.2%	+15.1%	—

Cash Flow Statement

Operating, investing, and financing flows

18 accounts · 10 years

Operating cash flow $14.7B

Investing cash flow $-15.5B

Financing cash flow $1.1B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	—	—	—	—	—	—	—	—	—	—
Operating Activities Depreciation and Amortization	+29.9%	+30.9%	+32.0%	+31.1%	+32.0%	+34.7%	+42.1%	+52.5%	+61.2%	—
Operating Activities Stock Based Compensation	+26.8%	+25.1%	+27.3%	+29.3%	+44.7%	+50.9%	+39.0%	+49.7%	+39.7%	—
Operating Activities Deferred Income Taxes	—	—	—	—	—	—	—	—	—	—
Operating Activities Changes In Operating Assets and Liabilities	+12.3%	+12.2%	+21.1%	+41.4%	+21.8%	+1.4%	+6.5%	+13.5%	-22.1%	—
Operating Activities net Cash From Operating Activities	—	—	—	—	—	—	—	—	—	—
Investing Activities Capital Expenditures	+23.4%	+31.3%	+31.9%	+33.2%	+38.3%	+25.3%	+1.2%	+28.1%	+166.6%	—
Investing Activities Business Acquisitions	—	—	—	—	—	—	—	—	—	—
Investing Activities Purchases of Investments	—	—	—	—	—	—	—	—	—	—
Investing Activities net Cash From Investing Activities	—	—	—	—	—	—	—	—	—	—
Financing Activities Repayment of Debt	—	—	—	—	—	—	—	—	—	—
Financing Activities Proceeds From Stock Issuance	+24.6%	+28.8%	+23.1%	+22.0%	+34.0%	+26.3%	+17.1%	+34.4%	+58.1%	—
Financing Activities Other Financing Activities	—	—	—	—	—	—	—	—	—	—
Financing Activities net Cash From Financing Activities	-12.4%	+0.4%	-5.1%	—	—	+27.8%	-25.8%	-60.8%	+17.9%	—
Cash Reconciliation Effect of Exchange Rate On Cash	—	—	—	—	—	—	—	—	—	—
Cash Reconciliation net Change In Cash	-15.1%	—	-27.6%	—	—	+50.9%	-0.4%	-64.9%	-92.2%	—
Cash Reconciliation Cash At Beginning of Period	+19.2%	+21.5%	+25.2%	+29.8%	+39.0%	+54.6%	+22.7%	+4.2%	-0.7%	—
Cash Reconciliation Cash At End of Period	+19.2%	+21.5%	+25.2%	+29.8%	+39.0%	+54.6%	+22.7%	+4.2%	-0.7%	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+18.0%	+17.9%	+18.2%	+25.6%	+25.3%	+21.0%	+16.6%	+18.8%	+18.9%	+22.8%
Operating margin	+4.6%	+7.2%	+9.2%	+16.8%	+12.1%	+6.3%	-0.3%	-1.8%	-13.9%	-9.5%
Net margin	+4.0%	+7.3%	+15.5%	+15.4%	+10.3%	+2.3%	-3.5%	-4.5%	-16.7%	-9.6%
FCF margin	+6.6%	+3.7%	+4.5%	+9.3%	+9.3%	+8.8%	+4.4%	-0.0%	-29.6%	-20.1%
Growth
Revenue CAGR (3y)	+5.2%	+22.0%	+45.3%	+49.1%	+35.9%	+38.9%	+52.0%	+74.4%	+54.3%	+51.5%
Returns
ROE	+4.6%	+9.7%	+23.9%	+28.1%	+18.3%	+3.2%	-13.0%	-19.8%	-46.3%	-14.2%
ROA	+2.8%	+5.8%	+14.1%	+15.2%	+8.9%	+1.4%	-2.5%	-3.3%	-6.8%	-3.0%
ROIC	+4.3%	+8.7%	+17.5%	+41.1%	+32.3%	+11.4%	-0.6%	-3.3%	-15.5%	-48.8%
Liquidity
Current ratio	2.16x	2.02x	1.73x	1.53x	1.38x	1.88x	1.13x	0.83x	0.86x	1.07x
Quick ratio	0.66x	0.71x	0.69x	0.72x	0.99x	1.49x	0.71x	0.46x	0.51x	0.67x
Leverage
D/E	0.67x	0.66x	0.69x	0.82x	1.01x	1.28x	3.96x	4.76x	5.43x	3.52x
Interest coverage	362.92x	336.95x	56.99x	71.50x	17.58x	2.67x	-0.10x	-0.59x	-3.46x	-3.36x
Efficiency
Asset turnover	0.69x	0.80x	0.91x	0.99x	0.87x	0.60x	0.72x	0.72x	0.41x	0.31x
Cash conversion cycle	+13d	+14d	+10d	-1d	-26d	-7d	+16d	+10d	+11d	+40d

Valuation

Price against fundamentals

TSLA $422 · 2025-09-16 · 364d old · FY2025

Market cap $1.5T

P/E 392.06x

P/S 15.69x

P/B 18.11x

EV $1.5T

EV/EBITDA —

FCF yield +0.4%

Dividend yield —

Notes

Your annotations

Not watched