Tesla (TSLA) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Tesla published the results on October 21, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Tesla reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Tesla's non-GAAP EPS excludes stock-based compensation (net of tax), unrealized gains and losses on digital assets and on its SpaceX equity investment, and certain tax items.

Source: Tesla Q3 2026 Update, October 21, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Tesla splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Tesla's Total automotive revenues revenue was $20.6 billion in Q3 2026, down 3% from $21.2 billion in Q3 2025, 73% of total revenue.
• Tesla's Energy generation and storage revenue was $2.9 billion in Q3 2026, down 16% from $3.4 billion in Q3 2025, 10% of total revenue.
• Tesla's Services and other revenue was $4.6 billion in Q3 2026, up 33% from $3.5 billion in Q3 2025, 16% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenues and GAAP diluted EPS attributable to common stockholders, from each quarter's Tesla update letter.

Tesla's next report is expected around January 27, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 21, 2026

Tesla's total revenues were $28,046 million in Q3 2026, against $28,095 million a year earlier, which Tesla called roughly flat. Total automotive revenues were $20,560 million, of which automotive sales were $20,094 million, regulatory credits $113 million and leasing $353 million. Energy generation and storage brought in $2,881 million and services and other $4,605 million. (Tesla Q3 2026 Update, Oct 21, 2026)

Tesla operates as two reportable segments: automotive, and energy generation and storage. The automotive segment covers the design, manufacturing, sales and leasing of electric vehicles, sales of automotive regulatory credits, and services such as used vehicle sales and paid Supercharging. (Tesla Form 10-K, 2025, Jan 29, 2026)

Tesla's 10-Q says automotive sales revenue decreased $265 million, or 1%, on about 2% fewer cash deliveries, primarily fewer Model S and Model X deliveries after the product sunset in mid-2026, offset by a weaker U.S. dollar and higher revenue from FSD (Supervised) subscriptions. Regulatory credits revenue fell $304 million, or 73%, and Tesla notes that recent government actions have restricted certain credit programs. (Tesla Form 10-Q, Q3 2026, Oct 22, 2026)

Energy generation and storage revenue decreased $534 million, or 16%. Tesla attributes this primarily to tariff refunds for certain Megapack customers, a lower average selling price per Megapack, fewer Powerwall deployments and fewer solar retrofit cash deployments, partly offset by more Megapack deployments. Storage deployed was 13.7 GWh against 12.5 GWh, and Tesla reported its highest-ever energy order rate and backlog. (Tesla Form 10-Q, Q3 2026, Oct 22, 2026; Tesla Q3 2026 Update, Oct 21, 2026)

Services and other revenue rose $1.13 billion, or 33%, which Tesla's 10-Q puts down primarily to higher used vehicle sales volume and prices, non-warranty maintenance and collision revenue, and paid Supercharging sessions. Tesla said services and other gross profit reached a record $734M. (Tesla Form 10-Q, Q3 2026, Oct 22, 2026; Tesla Q3 2026 Update, Oct 21, 2026)

Tesla's GAAP diluted EPS was $0.22 in Q3 2026, against $0.39 a year earlier, on net income attributable to common stockholders of $787 million against $1,373 million. Non-GAAP EPS was $0.48, against $0.50. The largest adjustment is stock-based compensation, $982 million net of tax or $0.28 per share; Tesla also excludes a $224 million unrealized gain on digital assets, a $108 million unrealized loss on its SpaceX equity investment and $44 million of certain tax items. (Tesla Q3 2026 Update, Oct 21, 2026)

Tesla's income from operations fell to $718 million from $1,624 million as operating expenses rose to $4,776 million from $3,430 million. Research and development expense was $2,761 million against $1,630 million, and Tesla cited Super Intelligence (SI) and other R&D projects and stock-based compensation, including the 2025 CEO Performance Award. The effective tax rate was 16%, against 29% a year earlier. (Tesla Q3 2026 Update, Oct 21, 2026; Tesla Form 10-Q, Q3 2026, Oct 22, 2026)

Tesla's diluted weighted average share count was 3,541 million, against 3,526 million a year earlier. The 2025 CEO Performance Award granted its CEO approximately 423.7 million shares of performance-based restricted stock, approved by shareholders on November 6, 2025. (Tesla Q3 2026 Update, Oct 21, 2026; Tesla Form 10-Q, Q3 2026, Oct 22, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Tesla gives no numeric revenue, delivery or EPS outlook in its update letter. Its Outlook section says it is focused on maximum capacity utilization at its factories and that deliveries will depend on aggregate demand, supply chain readiness and how it allocates vehicles between customers and its own fleet. Tesla also said battery availability remained a limiting factor on vehicle volumes. (Tesla Q3 2026 Update, Oct 21, 2026)

The figures Tesla does give are capacity plans: it plans to reach 400 MW of SI training compute by the end of the year, Megafactory Texas began production with planned capacity of 50 GWh, and it plans to start commissioning equipment at its Austin Fab in 2027. (Tesla Q3 2026 Update, Oct 21, 2026)

A consensus figure is the average of the models published by the analysts who cover Tesla, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Tesla's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning TSLA is on is TSLA a buy or a sell?, what analysts expect next is on the TSLA forecast, and what the company does is on the Tesla (TSLA) stock page.

Every number on this page can be traced to a document Tesla published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.