Tesla Q1 2026 revenue $22.4B (+16%), non-GAAP EPS $0.41, GAAP EPS $0.13

Tesla reported Q1 2026 revenue of $22.4B, up 16% year over year, with a GAAP gross margin of 21.1%. Non-GAAP EPS was $0.41 and GAAP EPS was $0.13, while free cash flow of $1.44B was positive. Automotive gross margin excluding regulatory credits was 19.2%, which included some one-time benefits.

• Revenue $22,387M (+16% YoY): automotive $16,234M, energy $2,408M, services $3,745M
• GAAP EPS $0.13; non-GAAP EPS $0.41; GAAP net income $477M
• GAAP gross margin 21.1%; automotive gross margin ex-credits 19.2%
• Free cash flow $1,444M; capex $2,493M; GAAP operating income $941M (4.2%)

SEC filing 8-K · accession 0001628280-26-026551 · sec.gov ↗