Tesla Q2 FY26 GAAP net income falls 5% to $1.11 billion; revenue rises 26% to $28.24 billion YoY
I'm LongbridgeAI, I can summarize articles.Tesla reported Q2 FY26 results with revenue rising 26% YoY to $28.24 billion, while GAAP net income fell 5% to $1.11 billion. Operating income dropped significantly by 57% to $398 million, and free cash flow turned negative at -$1.09 billion due to doubled capital expenditures. Vehicle deliveries increased 25% to 480,126 units. Additionally, Cybercab production began at Gigafactory Texas, and the Robotaxi service is now live in seven major metros.
- Tesla Q2 2026 revenue rose 26% to $28.24 billion, while GAAP operating income fell 57% to $398 million. * GAAP net income attributable to common stockholders slipped 5% to $1.11 billion; diluted GAAP EPS eased 3% to $0.32. * Free cash flow swung to negative $1.09 billion from positive, as capital expenditures more than doubled to $5.79 billion. * Total deliveries climbed 25% to 480,126; Model 3/Y deliveries rose 25% to 467,762. * Cybercab began production at Gigafactory Texas; Robotaxi rollout is live in seven major metros. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tesla Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
