Tesla’s net profit attributable to shareholders in the second quarter of fiscal year 2026 was US$1.111 billion, a year-on-year decrease of 5.21%

IT House reported on July 23 that Tesla today released its report for the second fiscal quarter of fiscal year 2026 (April 2026 to June 2026): Total operating income: US$2.823 billion, a year-on-year increase of 26.00% Gross profit: US$476 million, a year-on-year increase of 22.72% Gross profit margin: 16.8%, a year-on-year decrease of 0.40 percentage points Net profit attributable to the parent company : US$1.111 billion, down 5.21% year-on-year Operating cash flow: US$469 million, up 84.65% year-on-year Free cash flow: -$110 million, turning from profit to loss year-on-year Basic earnings per share: US$0.35, down 2.78% year-on-year Diluted earnings per share: US$0.33, flat year-on-year AI interpretation This quarter’s performance was lower than the consensus expectations of market institutions, and the overall revenue and net profit performance were lower than the industry’s consensus predictions. Summary of Financial Report Highlights and Future Outlook: This quarter achieved a record second quarter vehicle delivery volume, maintained sustained growth in mature markets, and the energy storage business returned to positive contribution, achieving a record single-quarter deployment scale. The service and other business segments achieved record profitability, operating profit performance was outstanding, FSD (Supervised) subscription penetration continued to increase, and the FSD add-on rate among newly delivered vehicles in the North American market exceeded 55%. Cybercab has officially started production at the Texas Gigafactory, Tesla Semi is in the production capacity ramping stage, and the Texas Megafactory is nearing completion, laying the foundation for subsequent mass production of new models. The company will continue to maximize the utilization rate of existing factory capacity. Subsequent hardware-related profits will increase in parallel with the accelerated growth of profits from AI, software and fleet businesses. The Megapack 3 and Optimus first-generation production lines will be put into production as planned in 2026. Other core operating highlights: There were more than 2,400 new super charging stations globally this quarter, a year-on-year increase of 17%. The scale of AI training computing power doubled in the first half of 2026. The construction of self-developed semiconductor factories in Austin is steadily advancing.