v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 28,236 $ 22,496 $ 50,623 $ 41,831
Cost of revenues        
Total cost of revenues 23,485 18,618 41,152 34,800
Gross profit 4,751 3,878 9,471 7,031
Operating expenses        
Research and development 2,371 1,589 4,317 2,998
Selling, general and administrative 1,982 1,366 3,815 2,617
Restructuring and other 0 0 0 94
Total operating expenses 4,353 2,955 8,132 5,709
Income from operations 398 923 1,339 1,322
Interest income 422 392 856 792
Interest expense (81) (86) (173) (177)
Other income, net 590 320 55 201
Income before income taxes 1,329 1,549 2,077 2,138
Provision for income taxes 201 359 458 528
Net income 1,128 1,190 1,619 1,610
Net income attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries 14 18 28 29
Net income attributable to common stockholders $ 1,114 $ 1,172 $ 1,591 $ 1,581
Net income per share of common stock attributable to common stockholders        
Basic (in dollars per share) $ 0.34 $ 0.36 $ 0.49 $ 0.49
Diluted (in dollars per share) $ 0.32 $ 0.33 $ 0.45 $ 0.45
Weighted average shares used in computing net income per share of common stock        
Basic (in shares) 3,237 3,223 3,235 3,220
Diluted (in shares) 3,540 3,519 3,538 3,520
Automotive Revenues        
Revenues        
Total revenues $ 20,516 $ 16,661 $ 36,750 $ 30,628
Cost of revenues        
Total cost of revenues 17,053 13,795 29,865 25,495
Automotive sales        
Revenues        
Total revenues 20,006 15,787 35,479 28,712
Cost of revenues        
Total cost of revenues 16,866 13,567 29,482 25,028
Automotive regulatory credits        
Revenues        
Total revenues 146 439 526 1,034
Automotive leasing        
Revenues        
Total revenues 364 435 745 882
Cost of revenues        
Total cost of revenues 187 228 383 467
Energy generation and storage        
Revenues        
Total revenues 3,139 2,789 5,547 5,519
Cost of revenues        
Total cost of revenues 2,499 1,943 3,955 3,888
Services and other        
Revenues        
Total revenues 4,581 3,046 8,326 5,684
Cost of revenues        
Total cost of revenues $ 3,933 $ 2,880 $ 7,332 $ 5,417