TSLA
Tesla, Inc.
Tesla (TSLA) Q2 2026 earnings
Published Jul 22, 2026
AI summary
- Revenue $28.24B, up 26% from $22.5B a year ago.
- Tesla reported total revenue of $28.2 billion for the second quarter, a 26% increase compared to last year.
- GAAP net income was $1.1 billion, while GAAP operating income fell 57% year-over-year to $0.4 billion.
- The company achieved record quarterly vehicle deliveries and record profitability in its services business.
- Free cash flow was negative $1.1 billion, primarily due to a significant increase in capital expenditures.
Results vs analyst consensus
Revenue
Reported
$28.24B
Consensus not captured before release
+26% YoY
EPS
Not reported in this release.
Consensus: Yahoo Finance · Q2 2026
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Operating income was impacted by higher operating expenses related to AI, R&D projects, and stock-based compensation.
- Energy warranty-related charges increased due to a vendor cell issue.
- Regulatory credit revenue and vehicle average selling prices were lower compared to the prior year.
Read original report
Source: Tesla, Inc. press release · SEC Form 8-K exhibit 99.1