Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Tesla Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Accounts payable
Accrued liabilities and other
Deferred revenue, current portion
Current portion of debt and finance leases
Current liabilities
Debt and finance leases, net of current portion
Deferred revenue, net of current portion
Other long-term liabilities
Long-term liabilities
Total liabilities
Redeemable noncontrolling interests in subsidiaries
Preferred stock; $0.001 par value; no shares issued and outstanding
Common stock; $0.001 par value
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings (accumulated deficit)
Stockholders’ equity
Noncontrolling interests in subsidiaries
Total equity
Total liabilities and equity

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


A comprehensive shift in the capital structure is observed over the analyzed period, characterized by a systemic reduction in total liabilities and a corresponding increase in total equity. Total liabilities declined from 53.82% of the balance sheet in March 2021 to 41.00% by March 2026, reflecting a strengthening of the solvency position and a decreased reliance on external obligations to fund assets.

Equity Composition and Profitability
A fundamental transition in equity drivers is evident. Retained earnings shifted from a significant deficit of -8.97% in March 2021 to a positive contribution of 27.47% by March 2026. This trajectory indicates a move from cumulative losses to sustained profitability. Simultaneously, additional paid-in capital decreased from 52.15% to 30.82%, suggesting that the growth in total equity is increasingly driven by internal earnings rather than external capital raises.
Debt and Long-Term Obligations
Long-term debt and finance leases, net of current portions, underwent a sharp contraction, falling from 17.09% in March 2021 to a low of 0.96% in June 2023. While a slight increase occurred thereafter, ending at 5.41% in March 2026, the overall trend represents a significant deleveraging of the long-term balance sheet. Other long-term liabilities showed a gradual upward trend, increasing from 6.20% to 9.15% over the period.
Current Liabilities and Working Capital
Current liabilities peaked at 32.49% in March 2022 before trending downward to 23.75% by March 2026. A notable fluctuation is seen in accounts payable, which rose from 12.55% in March 2021 to a peak of 18.67% in September 2022, before receding to 10.23% in March 2026. This suggests volatility in short-term supplier financing and working capital management.
Overall Solvency and Stability
Total equity increased steadily from 45.05% to a peak of 60.68% in June 2025, eventually settling at 58.96% in March 2026. The consistent rise in the equity-to-total-assets ratio, paired with the reduction in total liabilities, indicates an improved financial cushion and a lower risk profile regarding long-term obligations.