TSLAQ3 2026 PreviewExpected October 20, 2026 · after market close
TSLA Q3 2026 Earnings Preview — What to Watch
At the archive date, Tesla, Inc. was expected to release its Q3 2026 10-Q filing on October 20, 2026, after market close. Last quarter: Tesla's Q2 FY2026 revenue rose 25.5% to $28.2 billion, but operating income halved as surging R&D and SG&A expenses from AI and autonomous vehicle investments compressed margins.
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the TSLA page for retained reports.
What to Watch in Q3 2026
Drawn from management commentary in the Q2 2026 10-Q:
Automotive Revenue Growth Driven by Volume and FSD Subscriptions
Automotive sales revenue increased 27% year-over-year due to a roughly 25% increase in cash deliveries, higher average selling price from sales mix and FSD (Supervised) subscription revenue, and favorable currency effects.
Regulatory Credit Revenue Plummets on Policy Changes
Automotive regulatory credits revenue fell 67% to $146 million, impacted by supply constraints and recent governmental actions restricting certain credit programs.
Energy Storage Margins Compress on Pricing and Warranty
Energy generation and storage gross margin dropped to 20.4% from 30.3%, primarily due to lower average selling prices for Megapack, unfavorable sales mix, and higher warranty adjustments.