| Gross Margin | 20.1% | |
| Operating Margin | 8.0% | |
| EBITDA Margin | 9.88% | |
| Return on Equity (ROE) | 4.93% | |
| Return on Assets (ROA) | 2.45% |
| Current Ratio | 2.16 | |
| Quick Ratio | 1.53 | |
| Debt/Equity Ratio | 9.8% | |
| Net Debt/Equity | -0.43 | |
| Inventory Turnover | 6.37x |
Tesla's gross margin reached a 2-year high at 20.1% in Q4 2025. The energy segment achieved record gross profit with 26.6% YoY growth. Strong cash position of $44B+ and free cash flow of $1.4B. Expanding into AI, robotics, and autonomy with $99/month subscription model for FSD.
Full-year 2025 revenue declined for the first time in company history to $94.8B (from $97.7B). Vehicle deliveries dropped 8.6% YoY with Q4 deliveries down 16%. Net income plunged 61% in Q4. Operating expenses surged 39% due to AI investments. P/E ratio of 392x suggests stretched valuation.
27 analysts rate TSLA as "Hold" with a consensus price target of $396.23. ARK Invest's bull case sees $4,600/share by 2026, while bear case is $2,900. Wedbush's Dan Ives predicts potential $2-3T market cap by end of 2026 as "AI chapter takes hold." Wall Street remains cautious due to execution uncertainty.
Q4 2025: Revenue $24.9B (beat estimates), EPS $0.50 (vs $0.45 forecast). Automotive revenue down 11% to $17.7B. Energy revenue up 25% to record $3.84B. Services revenue up 18% to $3.37B. Produced 434K vehicles, delivered 418K. Energy storage deployments: 14.2 GWh (record).