Q4 25 EPS
$0.50
BEAT +6.38%
Est. $0.47
Q4 25 Revenue
$24.90B
BEAT +0.65%
Est. $24.74B
vs S&P Since Q4 25
-15.0%
TRAILING MARKET
TSLA -11.1% vs S&P +3.8%
Full Year 2025 Results
FY 25 EPS
$1.66
BEAT +1.52%
Est. $1.64
FY 25 Revenue
$94.83B
BEAT +0.17%
Est. $94.67B
Market Reaction
Did TSLA Beat Earnings? Q4 2025 Results
Tesla closed out 2025 with a modest beat on both top and bottom lines, delivering fourth-quarter earnings per share of $0.50 against a consensus estimate of $0.47, a 6.38% beat, while revenue of $24.90 billion edged past the $24.74 billion forecast d… Read more Tesla closed out 2025 with a modest beat on both top and bottom lines, delivering fourth-quarter earnings per share of $0.50 against a consensus estimate of $0.47, a 6.38% beat, while revenue of $24.90 billion edged past the $24.74 billion forecast despite falling 3.1% year-over-year. The headline numbers mask a significant internal shift: automotive revenue slid 11% to $17.69 billion as vehicle deliveries dropped 16% to 418,227 units, yet gross margin expanded sharply to 20.1% from 16.3% a year ago, reflecting improved unit economics and a favorable mix. The standout driver was Tesla's energy segment, which posted record Q4 deployments of 14.2 GWh and revenue growing 25% to $3.84 billion, a momentum that analysts believe could grow substantially if Tesla's solar manufacturing ambitions materialize at scale. Looking ahead, Tesla flagged Cybercab, Tesla Semi, and Megapack 3 for volume production in 2026, while Optimus robot production lines are being installed ahead of a planned Gen 3 unveil in Q1 2026, underscoring management's pivot toward AI and autonomous revenue streams as the next growth chapter.
Key Takeaways
- • Record energy storage deployments of 14.2 GWh in Q4 driven by record Megapack deployments
- • Gross margin improvement to 20.1% even as vehicle volumes declined
- • APAC region set record for vehicle deliveries in Q4
- • Growth in FSD subscriptions with monthly subscriptions more than doubling in 2025
- • Higher vehicle average selling price (excluding FX) inclusive of mix impact
- • Positive FX impact of approximately $0.3B on revenue
- • Energy generation and storage gross profit reached record $1.1B, fifth consecutive record quarter
- • Services and Other revenue grew 18% YoY
TSLA YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
TSLA Revenue by Segment
With YoY comparisons, source: SEC Filings
TSLA Earnings Trends
TSLA vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TSLA EPS Trend
Earnings per share: estimate vs actual
TSLA Revenue Trend
Quarterly revenue: estimate vs actual
TSLA Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.36 | $0.41 | +14.14% | $22.39B | +0.18% |
| Q4 25 BEAT FY | $0.47 | $0.50 | +6.38% | $24.90B | +0.65% |
| FY Full Year | $1.64 | $1.66 | +1.52% | $94.83B | +0.17% |
| Q3 25 MISS | $0.56 | $0.50 | -10.35% | $28.10B | +5.21% |
| Q2 25 MISS | $0.40 | $0.40 | -1.11% | $22.50B | +1.67% |
| Q1 25 MISS | $0.42 | $0.27 | -35.71% | $19.34B | -9.70% |
| Q4 24 MISS FY | $0.76 | $0.73 | -3.95% | $25.71B | -6.70% |
| FY Full Year | $2.48 | $2.42 | -2.47% | $97.69B | -1.85% |
| Q3 24 BEAT | $0.58 | $0.72 | +24.14% | $25.18B | -0.75% |
| Q2 24 MISS | $0.62 | $0.52 | -16.13% | $25.50B | +2.94% |