Tesla Q4 2025 profit falls 61% as revenue drops 3% to $24.9 billion
Tesla reported fourth-quarter 2025 results, with revenue down 3% year over year to $24.9 billion and GAAP net income attributable to common stockholders down 61% to $840 million. For shareholders, the profit decline is the key takeaway, though gross margin rose to 20.1% and the company ended the quarter with $44.1 billion in cash and investments.
Key points
- Q4 2025 GAAP diluted EPS was $0.24, down 60% year over year; non-GAAP diluted EPS was $0.50, down 17%.
- Q4 2025 total revenue was $24.9 billion, down 3% year over year, while GAAP gross margin rose to 20.1% from 16.3%.
- Full-year 2025 revenue was $94.8 billion, down 3%, and GAAP net income attributable to common stockholders was $3.8 billion, down 46%.
- Q4 2025 free cash flow was $1.4 billion; on January 16, 2026, Tesla agreed to invest approximately $2 billion in xAI Series E Preferred Stock, with closing expected in Q1 2026.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.