Rivian Automotive, Inc. (RIVN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.38B | 1.29B | 1.56B | 1.3B | 1.24B | 1.73B | 874M | 1.16B | 1.2B | 1.31B | 1.34B | 1.12B | 661M | 663M | 536M | 364M | 95M | 54M | 1M | 0 |
| Revenue Growth % | 11.37% | -25.84% | 78.26% | 12.52% | 2.99% | 31.86% | -34.63% | 3.3% | 82.15% | 98.34% | 149.44% | 207.97% | 595.79% | 1127.78% | 53500% | - | - | - | - | - |
| Cost of Goods Sold | 1.26B | 1.25B | 1.61B | 1.51B | 1.11B | 1.56B | 1.27B | 1.61B | 1.73B | 1.92B | 1.81B | 1.53B | 1.2B | 1.66B | 1.45B | 1.07B | 597M | 437M | 83M | 21M |
| COGS % of Revenue | 91.38% | 96.81% | 103.15% | 115.81% | 89.19% | 90.2% | 144.85% | 138.95% | 143.77% | 146.08% | 135.68% | 136.75% | 180.94% | 250.83% | 271.08% | 293.41% | 628.42% | 809.26% | 8300% | - |
| Gross Profit | 119M | 41M | -49M | -206M | 134M | 170M | -392M | -451M | -527M | -606M | -477M | -412M | -535M | -1B | -917M | -704M | -502M | -383M | -82M | -21M |
| Gross Margin % | 8.62% | 3.19% | -3.15% | -15.81% | 10.81% | 9.8% | -44.85% | -38.95% | -43.77% | -46.08% | -35.68% | -36.75% | -80.94% | -150.83% | -171.08% | -193.41% | -528.42% | -709.26% | -8200% | - |
| Gross Profit Growth % | -11.19% | -75.88% | 87.5% | 54.32% | 125.43% | 128.05% | 17.82% | -9.47% | 1.5% | 39.4% | 47.98% | 41.48% | -6.57% | -161.1% | -1018.29% | -3252.38% | -3485.71% | -3091.67% | - | - |
| Operating Expenses | 1B | 874M | 934M | 908M | 789M | 831M | 777M | 924M | 957M | 975M | 963M | 873M | 898M | 795M | 857M | 1B | 1.08B | 2.07B | 694M | 559M |
| OpEx % of Revenue | 72.41% | 67.96% | 59.95% | 69.69% | 63.63% | 47.92% | 88.9% | 79.79% | 79.48% | 74.14% | 72.03% | 77.88% | 135.85% | 119.91% | 159.89% | 275.82% | 1133.68% | 3835.19% | 69400% | - |
| Selling, General & Admin | 542M | 470M | 499M | 446M | 425M | 457M | 427M | 443M | 496M | 449M | 434M | 429M | 402M | 393M | 405M | 461M | 530M | 682M | 253M | 165M |
| SG&A % of Revenue | 39.25% | 36.55% | 32.03% | 34.23% | 34.27% | 26.36% | 48.86% | 38.26% | 41.2% | 34.14% | 32.46% | 38.27% | 60.82% | 59.28% | 75.56% | 126.65% | 557.89% | 1262.96% | 25300% | - |
| Research & Development | 458M | 404M | 435M | 410M | 364M | 374M | 350M | 428M | 461M | 526M | 529M | 444M | 496M | 402M | 452M | 543M | 547M | 726M | 441M | 394M |
| R&D % of Revenue | 33.16% | 31.42% | 27.92% | 31.47% | 29.35% | 21.57% | 40.05% | 36.96% | 38.29% | 40% | 39.57% | 39.61% | 75.04% | 60.63% | 84.33% | 149.18% | 575.79% | 1344.44% | 44100% | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | -881M | -833M | -983M | -1.11B | -655M | -661M | -1.17B | -1.38B | -1.48B | -1.58B | -1.44B | -1.28B | -1.43B | -1.79B | -1.77B | -1.71B | -1.58B | -2.45B | -776M | -580M |
| Operating Margin % | -63.79% | -64.77% | -63.09% | -85.5% | -52.82% | -38.12% | -133.75% | -118.74% | -123.26% | -120.23% | -107.7% | -114.63% | -216.79% | -270.74% | -330.97% | -469.23% | -1662.11% | -4544.44% | -77600% | - |
| Operating Income Growth % | -34.5% | -26.02% | 15.91% | 18.98% | 55.86% | 58.19% | 18.82% | -7% | -3.56% | 11.92% | 18.83% | 24.77% | 9.25% | 26.85% | -128.61% | -194.48% | -285.12% | -595.18% | - | - |
| EBITDA | -881M | -648M | -785M | -918M | -455M | -443M | -910M | -1.1B | -1.2B | -1.31B | -1.18B | -1.06B | -1.25B | -1.6B | -1.6B | -1.55B | -1.46B | -2.34B | -727M | -559M |
| EBITDA Margin % | -63.79% | -50.39% | -50.39% | -70.45% | -36.69% | -25.55% | -104.12% | -95.08% | -100% | -99.7% | -88.56% | -94.74% | -188.35% | -240.72% | -298.51% | -425% | -1537.89% | -4335.19% | -72700% | - |
| EBITDA Growth % | -93.63% | -46.28% | 13.74% | 16.62% | 62.21% | 66.21% | 23.14% | -3.67% | 3.29% | 17.86% | 26% | 31.35% | 14.78% | 31.82% | -120.08% | -176.74% | -268.94% | -586.51% | - | - |
| D&A (Non-Cash Add-back) | 0 | 185M | 198M | 196M | 200M | 218M | 259M | 274M | 280M | 270M | 256M | 223M | 188M | 199M | 174M | 161M | 118M | 113M | 49M | 21M |
| EBIT | -881M | -833M | -983M | -1.04B | -655M | -659M | -1.01B | -1.38B | -1.37B | -1.45B | -1.31B | -1.14B | -1.31B | -1.69B | -1.7B | -1.69B | -1.57B | -2.44B | -1.23B | -579M |
| Net Interest Income | 15M | 0 | 7M | 3M | 9M | 2M | 8M | 20M | 37M | 58M | 71M | 87M | 86M | 66M | 45M | -2M | -19M | -21M | 0 | -1M |
| Interest Income | -50M | 64M | 76M | 72M | 81M | 83M | 95M | 95M | 112M | 131M | 126M | 141M | 124M | 99M | 69M | 22M | 3M | 1M | 1M | 0 |
| Interest Expense | -65M | 64M | 69M | 69M | 72M | 81M | 87M | 75M | 75M | 73M | 55M | 54M | 38M | 33M | 24M | 24M | 22M | 22M | 1M | 1M |
| Other Income/Expense | 463M | 32M | -184M | 1M | 116M | -79M | 69M | -81M | 39M | 60M | 73M | 90M | 85M | 72M | 51M | -1M | -14M | -7M | -457M | 0 |
| Pretax Income | -418M | -801M | -1.17B | -1.11B | -539M | -740M | -1.1B | -1.46B | -1.45B | -1.52B | -1.37B | -1.2B | -1.35B | -1.72B | -1.72B | -1.71B | -1.59B | -2.46B | -1.23B | -580M |
| Pretax Margin % | -30.27% | -62.29% | -74.9% | -85.42% | -43.47% | -42.68% | -125.86% | -125.73% | -120.02% | -115.67% | -102.24% | -106.6% | -203.93% | -259.88% | -321.46% | -469.51% | -1676.84% | -4557.41% | -123300% | - |
| Income Tax | -2M | 3M | -1M | 2M | 2M | 3M | 0 | 1M | 1M | 0 | 0 | 0 | 1M | 0 | 1M | 3M | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0.48% | -0.37% | 0.09% | -0.18% | -0.37% | -0.41% | 0% | -0.07% | -0.07% | 0% | 0% | 0% | -0.07% | 0% | -0.06% | -0.18% | 0% | 0% | 0% | 0% |
| Net Income | -416M | -811M | -1.17B | -1.12B | -545M | -743M | -1.1B | -1.46B | -1.45B | -1.52B | -1.37B | -1.2B | -1.35B | -1.72B | -1.72B | -1.71B | -1.59B | -2.46B | -1.23B | -580M |
| Net Margin % | -30.12% | -63.06% | -75.29% | -85.73% | -43.95% | -42.85% | -125.86% | -125.82% | -120.1% | -115.67% | -102.24% | -106.6% | -204.08% | -259.88% | -321.64% | -470.33% | -1676.84% | -4557.41% | -123300% | - |
| Net Income Growth % | 23.67% | -9.15% | -6.64% | 23.34% | 62.31% | 51.15% | 19.53% | -21.92% | -7.19% | 11.72% | 20.71% | 30.2% | 15.32% | 29.99% | -39.82% | -195.17% | -284.78% | -597.17% | - | - |
| Net Income (Continuing) | -416M | -804M | -1.17B | -1.11B | -541M | -743M | -1.1B | -1.46B | -1.45B | -1.52B | -1.37B | -1.2B | -1.35B | -1.72B | -1.72B | -1.71B | -1.59B | -2.46B | -1.23B | -580M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 26M | 28M | 18M | 11M | 8M | 4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.33 | -0.66 | -0.96 | -0.97 | -0.48 | -0.70 | -1.08 | -1.46 | -1.48 | -1.58 | -1.44 | -1.27 | -1.45 | -1.87 | -1.88 | -1.89 | -1.77 | -4.83 | -12.21 | -5.74 |
| EPS Growth % | 31.25% | 5.71% | 11.11% | 33.56% | 67.53% | 55.68% | 24.79% | -15.09% | -1.93% | 15.39% | 23.54% | 32.72% | 17.96% | 61.35% | 84.62% | 67.15% | 56.88% | -42.06% | - | - |
| EPS (Basic) | -0.33 | -0.66 | -0.96 | -0.97 | -0.48 | -0.70 | -1.08 | -1.46 | -1.48 | -1.58 | -1.44 | -1.27 | -1.45 | -1.87 | -1.88 | -1.89 | -1.77 | -4.83 | -12.21 | -5.74 |
| Diluted Shares Outstanding | 1.25B | 1.23B | 1.22B | 1.16B | 1.14B | 1.06B | 1.01B | 1B | 978M | 963M | 952M | 942M | 930M | 915.5M | 918M | 908M | 901M | 510M | 101M | 101M |
| Basic Shares Outstanding | 1.25B | 1.23B | 1.22B | 1.16B | 1.14B | 1.06B | 1.01B | 1B | 978M | 963M | 952M | 942M | 930M | 915.01M | 917.02M | 905.82M | 900M | 510M | 100.98M | 101M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |