TSLA Tesla margins

Relative Growth: Rel. Growth: 66

Relative Strength: Rel. Strength: 31

Relative Valuation: Rel. Valuation: 9

Relative Profitability: Rel. Profitability: 35

Gross margin

18.9%

Operating margin

4.2%

EBITDA margin

11.6%

Net margin

3.7%

For this period, Tesla reports a gross margin of 18.9%, an operating margin of 4.2%, an EBITDA margin of 11.6%, and a net margin of 3.7%. Gross margin reported the largest year-over-year gain at 1.4 percentage points, whereas EBITDA margin reported the largest decline at 2.9 percentage points.

TSLA margin history

Gross, operating, EBITDA and net margin trends

Tesla's margins averaged 18.15% gross, 6.78% operating, 14.07% EBITDA, and 8.73% net over the last 3 years. The current figures show gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.

TSLA margin expansion

Year-over-year margin changes in percentage points

Tesla's gross margin expanded by 1.4 percentage points, but operating margin contracted by 1.9 percentage points, EBITDA margin by 2.9 percentage points, and net margin by 2.6 percentage points.

Gross margin expansion

1.4pp

Operating margin expansion

-1.9pp

EBITDA margin expansion

-2.9pp

Net margin expansion

-2.6pp

TSLA Gross margin

Over the last 3 years, the average gross margin for Tesla was 18.15%. The latest gross margin for Tesla is 18.9%, 0.8 percentage points above its three-year average. Tesla's gross margin ranged from a low of 17% in Sep 2025 to a high of 19.8% in Sep 2023.

TSLA Operating margin

The average operating margin for Tesla was 6.78% over the last 3 years. As of the latest period, the current operating margin for Tesla is 4.2%, 2.6 percentage points below its three-year average. The operating margin for Tesla moved between 4.2% in Jun 2026 and 11.2% in Sep 2023.

TSLA EBITDA margin

The average EBITDA margin for Tesla was 14.07% during the last 3 years. At present, the current EBITDA margin for Tesla is 11.6%, 2.5 percentage points below its three-year average. The EBITDA margin for Tesla moved between 11.6% in Jun 2026 and 17% in Sep 2023.

TSLA Net margin

Looking back over the last 3 years, Tesla recorded an average net margin of 8.73%. Tesla's current net margin is 3.7% and is 5 percentage points below its three-year average. The highest net margin for Tesla was 15.5% in Dec 2023, while the lowest was 3.7% in Jun 2026.

TSLA margin group comparison

Margins compared with peer-group, industry and sector averages

Tesla's gross margin of 18.9% is higher than the industry average but lower than the Consumer Cyclical sector average. In comparison with the Consumer Cyclical sector average of 36.3%, Tesla's gross margin is 48% lower.

TSLA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Tesla's gross margin?

The current gross margin for TSLA is 18.9% as of Jun 30, 2026.

What is Tesla's operating margin?

The current operating margin for TSLA is 4.2% as of Jun 30, 2026.

What is Tesla's EBITDA margin?

For the period ending Jun 30, 2026, TSLA recorded an EBITDA margin of 11.6%.

What is Tesla's net margin?

The current net margin for TSLA is 3.7% as of Jun 30, 2026.

What are the average margins of TSLA?

The three-year average margins for TSLA were 18.2% gross, 6.8% operating, 14.1% EBITDA, and 8.7% net.

What are the highest historical margins of TSLA?

Tesla's highest recorded margins during the past 5 years were 27.1% gross in Jun 2022, 16.8% operating in Dec 2022, 21.6% EBITDA in Dec 2022, and 15.5% net in Dec 2023.

What are the lowest historical margins of TSLA?

Tesla's lowest recorded margins during the past 5 years were 17% gross in Sep 2025, 4.2% operating in Jun 2026, 11.6% EBITDA in Jun 2026, and 3.7% net in Jun 2026.