v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Revenues $ 22,387 $ 19,335
Cost of revenues    
Total cost of revenues 17,667 16,182
Gross profit 4,720 3,153
Operating expenses    
Research and development 1,946 1,409
Selling, general and administrative 1,833 1,251
Restructuring and other 0 94
Total operating expenses 3,779 2,754
Income from operations 941 399
Interest income 434 400
Interest expense (92) (91)
Other expense, net (535) (119)
Income before income taxes 748 589
Provision for income taxes 257 169
Net income 491 420
Net income attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries 14 11
Net income attributable to common stockholders $ 477 $ 409
Net income per share of common stock attributable to common stockholders    
Basic (in dollars per share) $ 0.15 $ 0.13
Diluted (in dollars per share) $ 0.13 $ 0.12
Weighted average shares used in computing net income per share of common stock    
Basic (in shares) 3,234 3,218
Diluted (in shares) 3,538 3,521
Automotive Revenues    
Revenues    
Revenues $ 16,234 $ 13,967
Cost of revenues    
Total cost of revenues 12,812 11,700
Automotive sales    
Revenues    
Revenues 15,473 12,925
Cost of revenues    
Total cost of revenues 12,616 11,461
Automotive regulatory credits    
Revenues    
Revenues 380 595
Automotive leasing    
Revenues    
Revenues 381 447
Cost of revenues    
Total cost of revenues 196 239
Energy generation and storage    
Revenues    
Revenues 2,408 2,730
Cost of revenues    
Total cost of revenues 1,456 1,945
Services and other    
Revenues    
Revenues 3,745 2,638
Cost of revenues    
Total cost of revenues $ 3,399 $ 2,537