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TeslaBy Business

Analyst Consensus for Tesla Q1 2026: $21.4B Revenue, $0.16 GAAP EPS

According to a company-compiled consensus of 20 analysts, Tesla is expected to report Q1 2026 revenue of $21.4 billion and GAAP net income of $584 million.

Q1 2026 average revenue

$21.4 billion

Q1 2026 average GAAP EPS

$0.16

Q1 2026 average non-GAAP EPS

$0.33

What Happened

Tesla has published a consensus of sell-side analyst estimates for the first quarter of 2026, compiled from 20 firms including Morgan Stanley, Goldman Sachs, and UBS. The average estimates project total revenues of $21,417 million, a gross margin of 17.5%, and GAAP net income of $584 million. Non-GAAP earnings per share, which excludes stock-based compensation and digital asset gains, average $0.33.

Total Revenues

$21,417 millionUSD

Q1 2026 average estimate

GAAP EPS

$0.16

Q1 2026 average estimate

Non-GAAP EPS

$0.33

Q1 2026 average estimate

Why this matters

The consensus gives investors a snapshot of Wall Street's expectations for Tesla's first-quarter performance, including key metrics like earnings per share and gross margin.

Terms in This Story

GAAP
Generally Accepted Accounting Principles, a common set of accounting rules.
Non-GAAP
Financial measures that exclude certain items to provide a clearer view of ongoing performance.
Consensus estimate
Average of forecasts from multiple analysts.
Read Original: Tesla

Summarised from the linked release; details can be imperfect — always verify against the original source.