AI English summary of an SEC filing — figures as filed
Tesla TSLATesla said its total revenues for Q3 2026 were $28.05 billion, down $49 million from a year earlier, and its total revenues for the 9 months were $78.67 billion, up $8.74 billion. Net income attributable to common stockholders was $787 million for Q3, and $2.38 billion for the 9 months.
Key points
AI summaryTesla said its total revenues for Q3 2026 were $28.05 billion, down $49 million from a year earlier, and its total revenues for the 9 months were $78.67 billion, up $8.74 billion. Net income attributable to common stockholders was $787 million for Q3, and $2.38 billion for the 9 months.
The company said R&D expenses rose $1.13 billion (69%) and SG&A expenses rose $453 million (29%) in Q3 2026. It cited a $293 million increase in stock-based compensation related to the 2025 CEO Performance Award as a factor behind the SG&A increase.
Tesla said energy generation and storage revenue fell $534 million (16%) in Q3 2026, and gross margin for the segment rose from 31.4% to 33.1%. It cited tariff refunds for some Megapack customers and a lower average selling price per Megapack as factors behind the revenue decline.
The company said operating cash flow was $14.90 billion and capital expenditures were $13.01 billion for the 9 months ended September in 2026. Tesla also said its 3 credit agreements entered into in September 2026, with total aggregate commitments of $30 billion, were undrawn as of September 30.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Quarterly and 9-Month Revenue and Net Income
Tesla said its total revenues for Q3 2026 were $28.05 billion, down $49 million from a year earlier, and its total revenues for the 9 months were $78.67 billion, up $8.74 billion. Net income attributable to common stockholders was $787 million for Q3, and $2.38 billion for the 9 months.
Source · Based on the MD&A text of the filing
R&D and SG&A Expenses Rise
The company said R&D expenses rose $1.13 billion (69%) and SG&A expenses rose $453 million (29%) in Q3 2026. It cited a $293 million increase in stock-based compensation related to the 2025 CEO Performance Award as a factor behind the SG&A increase.
Source · Based on the MD&A text of the filing
Energy Segment Revenue and Gross Margin
Tesla said energy generation and storage revenue fell $534 million (16%) in Q3 2026, and gross margin for the segment rose from 31.4% to 33.1%. It cited tariff refunds for some Megapack customers and a lower average selling price per Megapack as factors behind the revenue decline.
Source · Based on the MD&A text of the filing
9-Month Cash Flow and Credit Agreements
The company said operating cash flow was $14.90 billion and capital expenditures were $13.01 billion for the 9 months ended September in 2026. Tesla also said its 3 credit agreements entered into in September 2026, with total aggregate commitments of $30 billion, were undrawn as of September 30.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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