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Tesla reports US$787 million in Q3 GAAP net income, down 43% from a year earlier
Economy

Tesla reports US$787 million in Q3 GAAP net income, down 43% from a year earlier

Tesla reported third-quarter 2026 GAAP net income attributable to common stockholders of US$787 million, down 43% from a year earlier, while revenue was nearly unchanged at US$28.046 billion. The U.S. automaker’s October 21 quarterly update labels its financial summary unaudited and shows higher operating expenses alongside a lower operating margin.

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