Tesla Q1 2026 revenue rises 16% to $22.4 billion; GAAP net income $477 million
Tesla reported first-quarter 2026 results on April 22, 2026, in a First Quarter 2026 Update furnished as Exhibit 99.1. Total revenues rose 16% year over year to $22.4 billion, GAAP operating income rose 136% to $941 million, and GAAP diluted EPS was $0.13, up 8%. Compared with the fourth quarter of 2025, revenue and GAAP net income were lower, and the update gives no numeric guidance.
Key points
- Total revenues of $22.4 billion, up 16% year over year, and $24.9 billion in Q4 2025
- GAAP net income attributable to common stockholders of $477 million, up 17% year over year, versus $840 million in Q4 2025
- GAAP diluted EPS of $0.13, up 8%; non-GAAP diluted EPS of $0.41, up 52%
- Free cash flow of $1.4 billion, up 117% year over year; operating cash flow of $3.9 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits 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 April 22, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.