| Stage | F | % of rev | TSLA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $49.5B | 100.00% | $28.0B | 100.00% | F ×1.77 |
| Gross profit | $7.4B | 14.90% | $5.5B | 19.59% | TSLA +4.7pp |
| Operating income | $1.5B | 2.94% | $718M | 2.56% | F +0.4pp |
| Pre-tax income | $2.1B | 4.33% | $956M | 3.41% | F +0.9pp |
| Net income | $2.0B | 4.14% | $804M | 2.87% | F +1.3pp |
| Stage | F | TSLA | Gap · A − B |
|---|---|---|---|
| Revenue | $49.5B100.00% | $28.0B100.00% | F ×1.77 |
| Gross profit | 14.90%$7.4B | 19.59%$5.5B | TSLA +4.7pp |
| Operating income | 2.94%$1.5B | 2.56%$718M | F +0.4pp |
| Pre-tax income | 4.33%$2.1B | 3.41%$956M | F +0.9pp |
| Net income |
| 4.14%$2.0B |
| 2.87%$804M |
| F +1.3pp |
F · IDCC 10-KFeb 5 '26
“Since December 2017, Avanci has primarily focused on the automotive market, and has signed patent license agreements with BMW Group, Audi, Ford, Toyota, BYD, and Volvo Cars, among others, collectively representing over 80% of annual connected car shipments.”
TSLA · IDCC 10-KFeb 5 '26
“We have faced similar proceedings with OPPO in China to determine a worldwide royalty for certain of our SEPs as well as royalty-setting proceedings in the UK initiated by Amazon and Tesla.”