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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 15,587 $ 16,139
Short-term investments 21,195 20,424
Accounts receivable, net 3,838 4,418
Inventory 14,570 12,017
Prepaid expenses and other current assets 5,943 5,362
Total current assets 61,133 58,360
Property, plant and equipment, net 38,574 35,836
Operating lease right-of-use assets 5,633 5,160
Digital assets 1,235 1,076
Intangible assets, net 138 150
Goodwill 258 244
Deferred tax assets 6,721 6,524
Other non-current assets 4,857 4,215
Total assets 128,567 122,070
Current liabilities    
Accounts payable 13,212 12,474
Accrued liabilities and other 11,519 10,723
Deferred revenue 3,237 3,168
Current portion of debt and finance leases 2,040 2,456
Total current liabilities 30,008 28,821
Debt and finance leases, net of current portion 5,180 5,757
Deferred revenue, net of current portion 3,764 3,317
Other long-term liabilities 11,543 10,495
Total liabilities 50,495 48,390
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests in subsidiaries 61 63
Stockholders’ equity    
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding 0 0
Common stock; $0.001 par value; 6,000 shares authorized; 3,224 and 3,216 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 3 3
Additional paid-in capital 40,363 38,371
Accumulated other comprehensive income (loss) 158 (670)
Retained earnings 36,790 35,209
Total stockholders’ equity 77,314 72,913
Noncontrolling interests in subsidiaries 697 704
Total liabilities and equity 128,567 122,070
Operating lease vehicles, net    
Current assets    
Operating lease vehicles, net 5,230 5,581
Solar energy systems, net    
Current assets    
Solar energy systems, net $ 4,788 $ 4,924