v3.26.1
Segment Reporting and Information about Geographic Areas
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting and Information about Geographic Areas Segment Reporting and Information about Geographic Areas
We have two operating and reportable segments: (i) automotive and (ii) energy generation and storage. The following table presents revenues, cost of revenues and gross profit by reportable segment (in millions):
Three Months Ended March 31,
20262025
Automotive segment  
Revenues$19,979 $16,605 
Cost of revenues (1)$16,211 $14,237 
Gross profit$3,768 $2,368 
Energy generation and storage segment  
Revenues$2,408 $2,730 
Cost of revenues (2)$1,456 $1,945 
Gross profit$952 $785 
(1)Depreciation and amortization included in Cost of revenues for the automotive segment for the three months ended March 31, 2026 and 2025 was $1.02 billion and $954 million, respectively.
(2)Depreciation and amortization included in Cost of revenues for the energy generation and storage segment for the three months ended March 31, 2026 and 2025 was $95 million and $83 million, respectively.
The following table presents revenues by geographic area based on the sales location of our products (in millions):
Three Months Ended March 31,
20262025
United States$10,677 $10,333 
China4,184 4,303 
Other international7,526 4,699 
Total$22,387 $19,335 
The following table presents long-lived assets by geographic area (in millions):
March 31,
2026
December 31,
2025
United States$38,360 $35,847 
Germany4,750 4,775 
Other international4,668 4,625 
Total$47,778 $45,247 
The following table presents inventory by reportable segment (in millions):
March 31,
2026
December 31,
2025
Automotive$10,880 $9,678 
Energy generation and storage3,554 2,714 
Total$14,434 $12,392