15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $94.8B | $3.8B | 18.0% | 4.6% | $6.2B | $6.6B | $16.5B |
| 2024 | $97.7B | $7.1B | 17.9% | 7.2% | $3.6B | $5.5B | $16.1B |
| 2023 | $96.8B | $15.0B | 18.2% | 9.2% | $4.4B | $2.7B | $16.4B |
| 2022 | $81.5B | $12.6B | 25.6% | 16.8% | $7.6B | $1.0B | $16.3B |
| 2021 | $53.8B | $5.5B | 25.3% | 12.1% | $5.0B | $4.3B | $17.6B |
| 2020 | — | $721M | — | — | $2.8B | $8.5B | $19.4B |
| 2019 | — | -$862M | — | — | $1.1B | $10.4B | $6.3B |
| 2018 | $21.5B | -$976M | 18.8% | -1.8% | -$3M | $8.4B | $3.7B |
| 2017 | — | -$2.0B | — | — | -$3.5B | $8.8B | $3.4B |
| 2016 | — | -$675M | — | — | -$1.4B | $5.9B | $3.4B |
| 2015 | — | -$889M | — | — | — | — | $1.2B |
| 2014 | — | -$294M | — | — | — | $3.0B | $1.9B |
| 2013 | — | -$74M | — | — | -$6M | $586M | $846M |
| 2012 | — | -$396M | — | — | -$505M | $452M | $202M |
| 2011 | — | -$254M | — | — | -$312M | $276M | $255M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $22.4B | $477M | 21.1% | 4.2% | $1.4B | $7.6B | $16.6B |
| Dec '25 | $24.9B | $840M | 20.1% | 5.7% | $1.4B | $6.6B | $16.5B |
| Sep '25 | $28.1B | $1.4B | 18.0% | 5.8% | $4.0B | $5.6B | $18.3B |
| Jun '25 | $22.5B | $1.2B | 17.2% | 4.1% | $146M | $5.0B | $15.6B |
| Mar '25 | $19.3B | $409M | 16.3% | 2.1% | $664M | $5.1B | $16.4B |
| Dec '24 | $25.7B | $2.1B | 16.3% | 6.2% | $2.0B | $5.5B | $16.1B |
| Sep '24 | $25.2B | $2.2B | 19.8% | 10.8% | $2.7B | $5.3B | $18.1B |
| Jun '24 | $25.5B | $1.4B | 18.0% | 6.3% | $1.3B | $5.3B | $14.6B |
| Mar '24 | $21.3B | $1.4B | 17.4% | 5.5% | -$2.5B | $2.7B | $11.8B |
| Dec '23 | $25.2B | $7.9B | 17.6% | 8.2% | $2.1B | $2.7B | $16.4B |
| Sep '23 | $23.4B | $1.9B | 17.9% | 7.6% | $848M | $2.2B | $15.9B |
| Jun '23 | $24.9B | $2.7B | 18.2% | 9.6% | $1.0B | $504M | $15.3B |
| Mar '23 | $23.3B | $2.5B | 19.3% | 11.4% | $441M | $817M | $16.0B |
| Dec '22 | $24.3B | $3.7B | 23.8% | 16.0% | $1.4B | $1.0B | $16.3B |
| Sep '22 | $21.5B | $3.3B | 25.1% | 17.2% | $3.3B | $1.4B | $19.5B |
| Jun '22 | — | $2.3B | — | — | $621M | $2.1B | $18.3B |
| Mar '22 | — | $3.3B | — | — | $2.2B | $2.3B | $17.5B |
| Dec '21 | — | $2.3B | — | — | $2.8B | $4.3B | $17.6B |
| Sep '21 | — | $1.6B | — | — | $1.3B | $5.4B | $16.1B |
| Jun '21 | — | $1.1B | — | — | $619M | $6.9B | $16.2B |
How the market has priced TSLA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Tesla's revenue has grown 15.2% per year, and net income grown 39.4% per year. These are computed facts, not advice.
As of FY2025, Tesla reported $6.6B of total debt against $16.5B of cash; operating income covered interest expense 13×.
In FY2025, gross margin was 18.0%, operating margin 4.6%, and net margin 4.0%.
As of Jun '26, Tesla traded at a price-to-earnings ratio of about 370.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.