๐น Revenue: $24.90B (Est. $24.7B) ๐ข ; -3% YoY
๐น Adj. EPS: $0.50 (Est. $0.45) ๐ข ; -17% YoY
๐น Gross Margin: 20.1% (Est. 17.1%) ๐ข ; +386 bp YoY
๐น Free Cash Flow: $1.42B (Est. $1.59B); -30% YoY
๐น xAI Series E preferred stock investment: approx. $2B; expected to close in Q1'2026
Segment Performance:
๐น Total automotive: $17.693B; -11% YoY
๐น Energy generation and storage: $3.837B; +25% YoY
๐น Services and other: $3.371B; +18% YoY
Other Metrics:
๐น Total deliveries: 418,227; DOWN -16% YoY
๐น Storage deployed: 14.2 GWh; UP +29% YoY
๐น Active FSD subscriptions: 1.1 mil; UP +38% YoY
๐น Supercharger connectors: 77,682; UP +19% YoY
Financials:
๐น Operating Income: $1.41B (Est. $1.32B) ๐ข ; -11% YoY
๐น Operating Margin: 5.7%; -50 bp YoY
๐น Operating Cash Flow: $3.81B; DOWN -21% YoY
๐น Capital expenditures: $2.39B; DOWN -14% YoY
๐น Cash, cash equivalents and investments: $44.06B; UP +21% YoY