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Tesla, Inc.

Tesla, Inc. Q2 2025 Earnings Analysis

Reported on 2025-07-24 / Fiscal Quarter Q2 2025
Revenue Down YoY Sequential Improvement Margin Improving EPS Below Prior Year Mixed Quarter
Tesla, Inc. reported a mixed Q2 2025, with softer revenue but early signs of profitability stabilization.

Revenue declined 11.8% year over year and rose 16.3% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

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Source: Company filings / processed earnings data
Revenue
$22.5B
YoY: -11.7804%
QoQ: 16.3486%
Net Income
$1.2B
YoY: -16.2857%
QoQ: 186.55%
EPS (Diluted)
$0.33
YoY: -16.75%
Net Margin
5.2%
YoY: -0.28 pts
QoQ: 3.09 pts
Gross Margin
17.2%
Operating Margin
4.1%
Growth

Revenue trend

Revenue remains weak year over year, but sequential improvement suggests near-term stabilization.

Profitability

Margin and earnings quality

Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.

Investor Focus

What matters next

The earnings story is shifting from pure growth toward efficiency, pricing discipline, and margin defense.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Tesla, Inc. reported $22.5B in revenue for Q2 2025, down 11.8% YoY and up 16.3% QoQ. The result suggests that although topline pressure remains, quarterly demand may be starting to stabilize.

Revenue Snapshot
Current Quarter $22.5B
Previous Quarter $19.3B
Same Quarter Last Year $25.5B
YoY Change -11.8%
QoQ Change +16.3%

Profitability Analysis

Net income came in at $1.2B, down 16.3% YoY and up 186.6% QoQ. Net margin was 5.2%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.

Profitability Snapshot
Net Income $1.2B
EPS $0.33
Net Margin 5.2%
QoQ Margin Change +3.1 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Tesla, Inc.'s revenue in Q2 2025?

Tesla, Inc. reported revenue of $22.5B in Q2 2025.

What was Tesla, Inc.'s net income in Q2 2025?

Tesla, Inc. reported net income of $1.2B in Q2 2025.

How did Tesla, Inc.'s revenue change year over year?

Tesla, Inc.'s revenue decreased by 11.8% year over year in Q2 2025.

What was Tesla, Inc.'s net margin in Q2 2025?

Tesla, Inc.'s net margin was 5.2% in Q2 2025.

Related
Tesla, Inc. Q1 2025 Earnings

Compare this quarter with the previous earnings report.

Related
Tesla, Inc. Company Overview

Explore company profile, industry, and historical context.

Related
Tesla, Inc. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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