Tesla (TSLA) Revenue — Quarter Ended Mar 31, 2026
Revenue declined compared to the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a softer quarter while the year-over-year increase shows continued growth.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue declined compared to the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a softer quarter while the year-over-year increase shows continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.4B
Revenue reported for this quarter.
Quarter-over-quarter
-10.1%
Change from the immediately preceding quarter.
Year-over-year
+15.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$97.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2025 | $22.5B | -11.8% |
| Sep 30, 2025 | $28.1B | +11.6% |
| Dec 31, 2025 | $24.9B | -3.1% |
| Mar 31, 2026 | $22.4B | +15.8% |
Revenue performance
The reported revenue for this quarter decreased from the immediately preceding quarter.
Quarterly comparison
Compared to the prior quarter, revenue was lower. Relative to the same quarter one year earlier, revenue was higher.
What to watch
The company expects to maintain positive operating cash flows but may adjust capital spending if manufacturing scale slows.