IT Home, October 22 news: Tesla today released its third fiscal quarter report for fiscal year 2026 (July to September 2026).
Key financial data are as follows:
- Total operating revenue: $28.004 billion, essentially flat year-over-year.
- Gross profit: $5.494 billion, up 8.7% year-over-year
- Gross profit margin: 19.6%, an increase of 1.6 percentage points year-over-year
- Net profit attributable to parent company: $787 million, a 43% year-over-year decrease
- Operating cash flow: $6.263 billion
- Free cash flow: $1.53 billion
- Diluted earnings per share: $0.22, a 44% year-over-year decrease
The report noted that Tesla's core revenue, profit, and cash flow for the third quarter of fiscal year 2026 performed strongly.
According to the text, Tesla's core businesses include the production and sale of electric vehicles, energy storage and solar power generation, and autonomous driving software services. In the third quarter of 2026, total revenue reached $28.004 billion, flat year-over-year; gross profit was $5.494 billion, with a gross margin of 19.6%, an improvement compared to the prior year.
Net income attributable to common shareholders was $787 million, a decrease of approximately 43% year-over-year; operating profit declined by 56%, and the operating margin dropped from 5.8% to 2.6%. Diluted earnings per share were $0.22. Net cash provided by operating activities was $6.226 billion, and free cash flow was $1.53 billion.
In terms of business progress, Tesla reported that quarterly deliveries reached a record high and that the company completed its 10 millionth vehicle delivery. Production at the Berlin Gigafactory set a new record, Cybercab has officially launched Robotaxi operations in Austin, FSD has been approved in nine European countries, and the energy storage project at the Texas Gigafactory has begun production.
Looking ahead, Tesla stated that it will continue to focus on maximizing factory capacity, maintaining a strong balance sheet, and ensuring sufficient liquidity to support long-term capacity expansion and vertical integration. At the same time, it will steadily advance product development, reduce manufacturing costs, accelerate profitability in autonomous driving software, energy business, and robotics, continuously optimize existing capacity, and build new production facilities.
Tesla also stated that the Semi is now in production at the Nevada facility, Optimus has begun production at the Fremont facility, and infrastructure projects including AI computing, battery materials, and semiconductor manufacturing are progressing as planned.