On October 21, 2026, Tesla, Inc. filed a Current Report on Form 8-K disclosing its financial results for the quarter ended September 30, 2026. The filing includes an attached update detailing the company's operational performance and financial position for the period.
Financially, Tesla reported a GAAP operating income of $0.7 billion and a GAAP net income of $0.8 billion for the third quarter of 2026. Non-GAAP net income was reported at $1.7 billion. The company reported operating cash flow of $6.3 billion and free cash flow of $1.5 billion. Cash, cash equivalents, and short-term investments totaled $45.447 billion at the end of the quarter.
On the operational front, Tesla achieved its second consecutive quarter with a trailing twelve-month revenue exceeding $100 billion. The company produced 464,391 vehicles and delivered 486,532 vehicles during the quarter. This delivery figure marked an all-time cumulative total of 10.2 million vehicles. Tesla also reported record production at its Gigafactory Berlin and record deliveries in markets including Canada, Australia, Japan, and Taiwan.
Significant product developments were announced, including the rollout of the updated Tesla Semi produced on a high-volume manufacturing line in Nevada. The Semi's top variant is capable of traveling 500 miles at a gross combination weight of 82,000 lbs with an efficiency of 1.7 kWh/mile. Additionally, Tesla began volume production of the Optimus humanoid robot at its Fremont facility and unveiled the Next Gen Roadster on October 15.
Regarding its energy business, Tesla began production at Megafactory Texas, which has a planned capacity of 50 GWh. The company also shipped the first Megapacks built with LFP cells from its Nevada factory. The energy storage business maintained a high order rate and backlog. Tesla also noted that battery availability remains a limiting factor for increasing auto volumes.
In the realm of autonomous driving, Tesla began providing Robotaxi rides using Cybercabs in Austin starting September 3. Cumulative unsupervised Robotaxi miles grew eightfold quarter over quarter. The company also reported that FSD (Full Self-Driving) subscriptions reached 1.74 million active users, with the software now available in nine European countries.
Tesla also updated its infrastructure plans, planning to reach 400 MW of Super Intelligence (SI) training compute by the end of the year. The company continues to invest in R&D and capital expenditures across its businesses, including SI, robotics, and energy.
