Tesla reports Q3 2026 revenue of $28.0 billion and net income of $787 million, per SEC filings

What happened. Tesla reported revenue of $28.05 billion for the quarter ended Sept. 30, 2026, compared with $28.10 billion a year earlier, according to its quarterly report on Form 10-Q filed with the SEC on Oct. 22. Net income attributable to common stockholders was $787 million, or $0.22 per diluted share, compared with $1.37 billion, or $0.39, in the third quarter of 2025. Tesla released the results on Oct. 21 in its Third Quarter 2026 Update, furnished with an 8-K.

Details. Per the filing, income from operations was $718 million, down from $1.62 billion, while operating expenses rose to $4.78 billion from $3.43 billion. Research and development spending was $2.76 billion, up from $1.63 billion. Energy generation and storage revenue was $2.88 billion, down from $3.42 billion. In its update, Tesla reported 486,532 vehicle deliveries (down 2% year over year), production of 464,391 vehicles, 13.7 GWh of energy storage deployed, free cash flow of $1.53 billion and $45.4 billion in cash, cash equivalents and short-term investments. The 10-Q’s cash flow statement lists a $2.0 billion purchase of a SpaceX equity investment and an $863 million unrealized gain on that investment in the first nine months of 2026.

Why it’s notable. Nine-month revenue was $78.67 billion, up 13% from the same period of 2025, per the 10-Q. Tesla said battery availability “continued to be the limiting factor” on vehicle volumes in the quarter.