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Financials · RIVN

Rivian Automotive Inc. (RIVN) financials

For the twelve months ended Sep 30, 2026, Rivian Automotive Inc. reported $6.48B of revenue and -$2.98B of net income.

Revenue, TTM
$6.48B
Revenue growth, YoY
+11.1%
Net income, TTM
-$2.98B
Net margin
-45.9%
Free cash flow, TTM
-$4.19B
EPS, diluted, TTM
-$2.25
Cash
$3.51B
Total debt
$4.45B
P/S
3.07
Market cap
$19.87B
Annual revenue$5.39B
FY2019FY2025
Annual net income-$3.65B
FY2019FY2025
Annual free cash flow-$2.49B
FY2019FY2025

RIVN revenue and earnings growth

RIVN revenueQ3 2026$2.15B

Quarter YoY
+38.3%
QoQ
+30.0%
FY YoY
+8.4%

RIVN revenue was $2.15B in fiscal Q3 2026 (ended Sep 30, 2026), up 38.3% from a year earlier and up 30.0% from the prior quarter. For the full fiscal 2025 it was $5.39B, up 8.4% from fiscal 2024. It rose in each of the last 4 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

RIVN net incomeQ3 2026-$913.00M

RIVN net income was -$913.00M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$1.17B a year earlier. For the full fiscal 2025 it was -$3.65B, compared with -$4.75B in fiscal 2024.

RIVN EPSQ3 2026-$0.63

RIVN diluted EPS was -$0.63 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.96 a year earlier. For the full fiscal 2025 it was -$3.07, compared with -$4.69 in fiscal 2024.

RIVN free cash flowQ3 2026-$1.12B

RIVN free cash flow was -$1.12B in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$421.00M a year earlier. For the full fiscal 2025 it was -$2.49B, compared with -$2.86B in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Revenue$5.39B$4.97B$4.43B$1.66B$55.00M$0$0
Cost of revenue$5.24B$6.17B$6.46B$4.78B$520.00M$0$0
Gross profit$144.00M-$1.20B-$2.03B-$3.12B-$465.00M$0$0
Research and development$1.67B$1.61B$2.00B$1.94B$1.85B$766.00M$301.00M
Selling, general and admin$2.06B$1.88B$1.71B$1.79B$1.24B$255.00M$108.00M
Operating income-$3.58B-$4.69B-$5.74B-$6.86B-$4.22B-$1.02B-$409.00M
Interest expense$274.00M$318.00M$220.00M$103.00M$29.00M$8.00M$34.00M
Pre-tax income-$3.62B-$4.74B-$5.43B-$6.75B-$4.69B-$1.02B-$426.00M
Income tax$6.00M$5.00M$1.00M$4.00M$0$0$0
Net income-$3.65B-$4.75B-$5.43B-$6.75B-$4.69B-$1.02B-$426.00M
EPS, basic-$3.07-$4.69-$5.74-$7.40-$22.98-$10.09-$4.35
EPS, diluted-$3.07-$4.69-$5.74-$7.40-$22.98-$10.09-$4.35
Diluted shares1.19B1.01B947.0M913.0M204.0M101.0M98.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Cash and equivalents$3.58B$5.29B$7.86B$12.10B$18.42B$3.01B$2.27B
Short-term investments$2.50B$2.41B$1.51B$0---
Receivables$555.00M$443.00M$161.00M$102.00M$26.00M$6.00M-
Inventory$1.59B$2.25B$2.62B$1.35B$274.00M$0-
Current assets$8.59B$10.58B$12.31B$13.13B$18.56B$3.02B-
Total assets$14.86B$15.41B$16.78B$17.88B$22.29B$4.60B-
Current liabilities$3.69B$2.25B$2.49B$2.42B$1.31B$611.00M-
Short-term debt--$0$0$0$28.00M-
Long-term debt$4.44B$4.44B$4.43B$1.23B$1.23B$47.00M-
Total debt$4.44B$4.44B$4.43B$1.23B$1.23B$75.00M-
Total liabilities$10.27B$8.85B$7.64B$4.08B$2.78B$742.00M-
Shareholders' equity$4.59B$6.56B$9.14B$13.80B$19.51B-$1.38B-$375.00M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Operating cash flow-$779.00M-$1.72B-$4.87B-$5.05B-$2.62B-$848.00M-$353.00M
Capital expenditures$1.71B$1.14B$1.03B$1.37B$1.79B$914.00M$199.00M
Free cash flow-$2.49B-$2.86B-$5.89B-$6.42B-$4.42B-$1.76B-$552.00M
Investing cash flow-$1.83B-$1.98B-$2.51B-$1.37B-$1.79B-$914.00M-$199.00M
Financing cash flow$886.00M$1.14B$3.13B$99.00M$19.83B$2.50B$2.81B
Stock-based compensation$741.00M$692.00M$821.00M$987.00M$570.00M$0$0
Depreciation and amortization$784.00M$1.03B$937.00M$652.00M$197.00M$29.00M$7.00M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Revenue growth, YoY8.4%12.1%167.4%2914.5%---
Gross margin2.7%-24.1%-45.8%-188.4%-845.5%--
Operating margin-66.5%-94.3%-129.4%-413.5%-7672.7%--
Net margin-67.7%-95.5%-122.5%-407.2%-8523.6%--
Free cash flow margin-46.2%-57.5%-132.9%-387.3%-8029.1%--
Return on equity-79.4%-72.3%-59.4%-48.9%-24.0%--
Return on assets-24.5%-30.8%-32.4%-37.8%-21.0%-22.1%-
Current ratio2.334.704.955.4214.134.94-
Debt to equity0.970.680.480.090.06--

Source: XBRL data Rivian Automotive Inc. files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

RIVN peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RIVN$6.48B+11.1%-$2.98B-45.9%$19.87B
TSLA$103.57B+8.3%$3.22B3.1%$1.42T
TM¥50.68T+5.5%¥3.85T7.6%$281.77B
RACE€7.15B+7.0%€1.60B22.3%$97.35B
GM$186.95B-0.3%$4.08B2.2%$72.68B
PCAR$29.08B-1.5%$2.76B9.5%$53.69B
F$186.97B-1.4%-$7.79B-4.2%$49.68B
HMC¥21.80T+0.5%-¥423.94B-1.9%$46.43B
STLA€153.51B-2.1%-€22.33B-14.5%$12.84B

RIVN FAQ

9 questions
  • What is RIVN revenue?
    Rivian Automotive Inc. (RIVN) reported $6.48B of revenue for the twelve months ended Sep 30, 2026. That is up 11.1% from the year before. Revenue for fiscal 2025 was $5.39B.
  • Is RIVN profitable?
    No. Rivian Automotive Inc. reported a net loss of $2.98B for the twelve months ended Sep 30, 2026.
  • How much cash and debt does RIVN have?
    Rivian Automotive Inc. reported $3.51B in cash and cash equivalents and $4.45B of debt on its most recent balance sheet in SEC filings.
  • How fast is RIVN revenue growing?
    Rivian Automotive Inc.'s revenue changed +8.4% in fiscal 2025, to $5.39B.
  • What is RIVN gross margin?
    Rivian Automotive Inc.'s gross profit was $594.00M on $6.48B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 9.2%.
  • What is RIVN free cash flow?
    Rivian Automotive Inc. generated -$4.19B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$2.63B less capital expenditures.
  • What is RIVN earnings per share?
    Diluted earnings per share were -$2.25 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did RIVN last report financial results?
    The latest statements here come from Rivian Automotive Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
  • Where does this RIVN financial data come from?
    Quantisnow builds these statements from the structured XBRL data Rivian Automotive Inc. files with the SEC. It is provided for information only and is not investment advice.