Tesla Q1 Numbers
- Tesla reported Q1 results that beat analyst estimates across revenue and EPS. - Revenue was $22.4 billion and EPS was $0.41, with gross margin 21.1% and $1.45B net income. - Tesla did not sell its $900M Bitcoin holdings and generated $1.44B free cash flow this quarter. (x.com)
Tesla beat Wall Street in the first quarter of 2026, posting results that topped analyst revenue and earnings-per-share estimates. (sec.gov) The company reported $22.39 billion in total revenue for the quarter ended March 31, 2026 and non‑GAAP EPS of $0.41. (assets-ir.tesla.com) Gross margin widened to 21.1%, non‑GAAP net income was reported at about $1.45 billion, and free cash flow totaled roughly $1.44 billion for Q1. (electrek.co) Management said it will push heavy investment this year, raising 2026 capital‑expenditure plans to above $25 billion for factories, AI compute and Robotaxi/robotics builds. (bloomberg.com) Operationally Tesla produced more than 408,000 vehicles and delivered just over 358,000 in the quarter, per the company’s production and deliveries update. (ir.tesla.com) Tesla disclosed it did not sell any Bitcoin during Q1; the company booked an after‑tax impairment of about $173 million on digital assets and showed roughly $786 million in digital‑asset value at quarter‑end, with market value recovering toward ~$900 million by late April. (coindesk.com) Some analysts flagged that warranty reserve adjustments, tariff recognitions and other one‑time items helped lift margins and EPS, a point raised during coverage of the release. (electrek.co) Tesla posted the update on April 22 and held its investor Q&A webcast the same day; markets will be watching whether the higher capex and AI/Robotaxi bets produce sustained revenue or squeeze cash later in 2026. (sec.gov)
