TSLA Tesla margins

Relative Growth: Rel. Growth: 41

Relative Strength: Rel. Strength: 50

Relative Valuation: Rel. Valuation: 8

Relative Profitability: Rel. Profitability: 32

Gross margin

19.3%

Operating margin

3.3%

EBITDA margin

10.8%

Net margin

3.1%

For this period, Tesla reports a gross margin of 19.3%, an operating margin of 3.3%, an EBITDA margin of 10.8%, and a net margin of 3.1%. Gross margin reported the largest year-over-year gain at 2.3 percentage points, whereas EBITDA margin reported the largest decline at 2.7 percentage points.

TSLA margin history

Gross, operating, EBITDA and net margin trends

Tesla's margins averaged 18.11% gross, 6.12% operating, 13.55% EBITDA, and 8.05% 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 2.3 percentage points, but operating margin contracted by 1.4 percentage points, EBITDA margin by 2.7 percentage points, and net margin by 2.2 percentage points.

Gross margin expansion

2.3pp

Operating margin expansion

-1.4pp

EBITDA margin expansion

-2.7pp

Net margin expansion

-2.2pp

TSLA Gross margin

Over the last 3 years, the average gross margin for Tesla was 18.11%. The latest gross margin for Tesla is 19.3%, 1.2 percentage points above its three-year average. Tesla's gross margin ranged from a low of 17% in Sep 2025 to a high of 19.3% in Sep 2026.

TSLA Operating margin

The average operating margin for Tesla was 6.12% over the last 3 years. As of the latest period, the current operating margin for Tesla is 3.3%, 2.8 percentage points below its three-year average. The operating margin for Tesla moved between 3.3% in Sep 2026 and 9.2% in Dec 2023.

TSLA EBITDA margin

The average EBITDA margin for Tesla was 13.55% during the last 3 years. At present, the current EBITDA margin for Tesla is 10.8%, 2.8 percentage points below its three-year average. The EBITDA margin for Tesla moved between 10.8% in Sep 2026 and 15.3% in Dec 2023.

TSLA Net margin

Looking back over the last 3 years, Tesla recorded an average net margin of 8.05%. Tesla's current net margin is 3.1% 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 3.1% in Sep 2026.

TSLA margin group comparison

Margins compared with peer-group, industry and sector averages

Tesla's gross margin of 19.3% 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 47% 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 19.3% as of Sep 30, 2026.

What is Tesla's operating margin?

The current operating margin for TSLA is 3.3% as of Sep 30, 2026.

What is Tesla's EBITDA margin?

For the period ending Sep 30, 2026, TSLA recorded an EBITDA margin of 10.8%.

What is Tesla's net margin?

The current net margin for TSLA is 3.1% as of Sep 30, 2026.

What are the average margins of TSLA?

The three-year average margins for TSLA were 18.1% gross, 6.1% operating, 13.6% EBITDA, and 8.1% 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, 3.3% operating in Sep 2026, 10.8% EBITDA in Sep 2026, and 3.1% net in Sep 2026.