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Screener / SEC EDGAR /CIK 0001318605 /10-K filed Jan 29, 2026, compared with Jan 30, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
SBUXBBYTSLANKELOWTJX
Nasdaq Consumer discretionary · Automakers

Tesla, Inc. TSLA

TSLA quote by TradingView

We are focused on bringing artificial intelligence (“AI”) into the real world, through products and services like Full Self-Driving (“FSD”) (Supervised) and Robotaxi, as well as working to develop and commercialize AI robots (“Bots”) (including Optimus). 10-K, Item 1

Headquarters
Austin, TX
CEO
Elon Musk
Next results
around Jan 1, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $94.8B through the costs to a net profit of $3.8B · income statement of the 10-K

5% operating margin
Revenue to Gross profit: $17.1BRevenue to Cost of revenue: $77.7BGross profit to Operating profit: $4.4BGross profit to Operating expenses: $12.7BOperating profit to Net profit: $3.8BOperating profit to Tax & other: $561.0MOperating expenses to R&D: $6.4BOperating expenses to Sales, admin & other: $6.3B Revenue: $94.8B REVENUE $94.8B −3% Y/Y Gross profit: $17.1B · 18% margin GROSS PROFIT $17.1B 18% margin · −2% Y/Y Cost of revenue: $77.7B · 82% of revenue COST OF REVENUE $77.7B 82% of revenue Operating profit: $4.4B · 5% margin OPERATING PROFIT $4.4B 5% margin · −38% Y/Y Operating expenses: $12.7B · 13% of revenue OPERATING EXPENSES $12.7B 13% of revenue Net profit: $3.8B · 4% margin NET PROFIT $3.8B 4% margin · −46% Y/Y Tax & other: $561.0M · 1% of revenue TAX & OTHER $561.0M 1% of revenue R&D: $6.4B · 7% of revenue R&D $6.4B 7% of revenue Sales, admin & other: $6.3B · 7% of revenue SALES, ADMIN & OTHER $6.3B 7% of revenue
Gross profit $17.1B 18% margin · −2% Y/Y
Operating profit $4.4B 5% margin · −38% Y/Y
Net profit $3.8B 4% margin · −46% Y/Y
The full income statement, year by year

TSLA among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: -2.9%, above 7% of 46 peers (their median 5.9%) REVENUE GROWTH -2.9% · above 7% Gross margin: 19.3%, above 10% of 30 peers (their median 42.2%) GROSS MARGIN 19.3% · above 10% Operating margin: 3.3%, above 5% of 39 peers (their median 16.0%) OPERATING MARGIN 3.3% · above 5% Net margin: 3.1%, above 9% of 46 peers (their median 11.0%) NET MARGIN 3.1% · above 9% FCF margin: 3.2%, above 16% of 44 peers (their median 9.5%) FCF MARGIN 3.2% · above 16% Return on capital: 3.2%, above 8% of 24 peers (their median 22.8%) RETURN ON CAPITAL 3.2% · above 8%
TSLA Peer median Below the median

What changed

8 new risk paragraphs. 10-K filed Jan 29, 2026 against Jan 30, 2025.

Risk factors
8 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +3.6% vs revenue -2.9% (+6.5 pts)
  • Cash from operations $14.7B vs net income $3.8B (FY ending Dec 31, 2025)
  • Inventory +3.1% vs revenue -2.9% (+6.1 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Automotive Warranty Reserve
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

8 paragraphs in Risk Factors that were not in the 10-K filed Jan 30, 2025. Quoted as filed.

All 8 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    Upon launching our Robotaxi service in June 2025, we also entered into the autonomous ride-hailing service market, and have plans to mass produce Cybercab, a purpose-built Robotaxi product. As we seek to expand the scope and geographical footprint of this business, our success will be dependent upon various factors, including the…
  2. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    Growth of our business is also dependent upon our ability to develop and commercialize Bots, including Optimus, which is in a nascent industry that has yet to develop commercially. We currently are developing Bots, including Optimus, and intend for these products, as well as accompanying services, to be an important part of our business…
  3. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    If our products contain design or manufacturing defects, whether relating to our software or hardware, that cause them not to perform as designed or intended or that require repair, or certain features of our vehicles such as new driver
  4. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    There is a risk that the technologies and initiatives associated with the 2025 CEO Performance Award, including the product goals, are misaligned with current or future consumer demand, resulting in our failure to invest in or pursue another opportunity that generates significant financial returns or leads to greater shareholder value.…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$81.5B$96.8B$97.7B$94.8B
Net income$12.6B$15.0B$7.1B$3.8B
Operating cash flow$14.7B$13.3B$14.9B$14.7B
Free cash flow$7.6B$4.4B$3.6B$6.2B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$94.8B ▼ 2.9% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Tesla, Inc., Austin, TX · from the 10-K filed Jan 29, 2026

We are focused on bringing artificial intelligence (“AI”) into the real world, through products and services like Full Self-Driving (“FSD”) (Supervised) and Robotaxi, as well as working to develop and commercialize AI robots (“Bots”) (including Optimus). We intend to leverage our current operations, in which we design, develop, manufacture, sell and lease high-performance fully electric vehicles and energy generation and storage systems that increasingly deliver AI-related and enhanced software and services to our customers, to achieve that objective.

Headquarters
Austin, TX
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 21, 2026
Incorporated in
TX

Email alerts

Sources

The 10-K filed Jan 29, 2026 (open at SEC), compared with the 10-K filed Jan 30, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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