RIVN

Updated: Mar 12, 2026 11:30 AM

Rivian Automotive Inc

Market Cap: $23.94B P/S: 15x Ownership — Insider: 34.1% | Institutional: 44.4% | Retail: 21.6% CONSUMER CYCLICAL AUTO MANUFACTURERS

None

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        6/6 dates (100%)
  ✅ grossProfit                         6/6 dates (100%)
  ✅ netIncome                           6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -6.75B                    -3.38B                     0.00B                     3.38B                     6.75B
               |                         |                         |                         |                         |

  2019-12-31 |                                                 | -0.46B
  2020-12-31 |                                             | -1.02B
  2021-12-31 |                 |  -4.69B
  2022-12-31 | |  -6.75B
  2023-12-31 |           |  -5.43B
  2024-12-31 |                |  4.97B

               |                         |                         |                         |                         |
               -6.75B                    -3.38B                     0.00B                     3.38B                     6.75B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              6/6 dates (100%)
  ✅ sellingGeneralAndAdministrative     6/6 dates (100%)
  ✅ costofGoodsAndServicesSold          6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     1.62B                     3.23B                     4.85B                     6.46B
               |                         |                         |                         |                         |

  2019-12-31 |  0.30B
  2020-12-31 |  0.77B
  2021-12-31 |  1.85B
  2022-12-31 |  4.78B
  2023-12-31 |  6.46B
  2024-12-31 |  6.17B

               |                         |                         |                         |                         |
               0.00B                     1.62B                     3.23B                     4.85B                     6.46B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         6/6 dates (100%)
  ✅ shortLongTermDebtTotal              6/6 dates (100%)
  ✅ operatingCashflow                   6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -18.13B                   -9.07B                     0.00B                     9.07B                    18.13B
               |                         |                         |                         |                         |

  2019-12-31 |                                                    |  2.26B
  2020-12-31 |                                                   |  2.98B
  2021-12-31 |                                             | 18.13B
  2022-12-31 |                                       |  11.57B
  2023-12-31 |                                       |  7.86B
  2024-12-31 |                                                |  5.74B

               |                         |                         |                         |                         |
               -18.13B                   -9.07B                     0.00B                     9.07B                    18.13B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   6/6 dates (100%)
  ✅ capitalExpenditures                 6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -5.05B                    -2.53B                     0.00B                     2.53B                     5.05B
               |                         |                         |                         |                         |

  2019-12-31 |                                                 |  -0.35B
  2020-12-31 |                                            |  0.91B
  2021-12-31 |                          |  -2.62B
  2022-12-31 | |  -5.05B
  2023-12-31 |   |  -4.87B
  2024-12-31 |                                   |  -1.72B

               |                         |                         |                         |                         |
               -5.05B                    -2.53B                     0.00B                     2.53B                     5.05B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         6/6 dates (100%)
  ✅ totalLiabilities                    6/6 dates (100%)
  ✅ totalShareholderEquity              6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -22.29B                   -11.15B                    0.00B                    11.15B                    22.29B
               |                         |                         |                         |                         |

  2019-12-31 |                                                    |  3.01B
  2020-12-31 |                                                  |  5.99B
  2021-12-31 |                                                     | 22.29B
  2022-12-31 |                                                     |  17.88B
  2023-12-31 |                                                     |  16.78B
  2024-12-31 |                                                     |  15.41B

               |                         |                         |                         |                         |
               -22.29B                   -11.15B                    0.00B                    11.15B                    22.29B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           6/6 dates (100%)
  ✅ shortLongTermDebtTotal              6/6 dates (100%)
  ✅ totalShareholderEquity              6/6 dates (100%)

Plot for RIVN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -19.51B                   -9.76B                     0.00B                     9.76B                    19.51B
               |                         |                         |                         |                         |

  2019-12-31 |                                                    |  -0.46B
  2020-12-31 |                                                 |  -1.38B
  2021-12-31 |                                         | 19.51B
  2022-12-31 |                                   |  13.80B
  2023-12-31 |                                       |  9.14B
  2024-12-31 |                                        |  6.56B

               |                         |                         |                         |                         |
               -19.51B                   -9.76B                     0.00B                     9.76B                    19.51B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalRevenue                        20/23 dates (87%)
  ⚠️  grossProfit                         21/23 dates (91%)
  ✅ netIncome                           23/23 dates (100%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -2.46B                    -1.23B                     0.00B                     1.23B                     2.46B
               |                         |                         |                         |                         |

  2020-03-31 |                                                 | -0.19B ⊗⊗
  2020-06-30 |                                                 | -0.20B ⊗⊗
  2020-09-30 |                                               | -0.29B ⊗
  2020-12-31 |                                              | -0.35B
  2021-03-31 |                                            | -0.41B
  2021-06-30 |                                         | -0.58B
  2021-09-30 |                           |  -1.23B
  2021-12-31 | |  -2.46B
  2022-03-31 |                   |  -1.59B
  2022-06-30 |                 |  -1.71B
  2022-09-30 |                 |  -1.72B
  2022-12-31 |                 |  -1.72B
  2023-03-31 |                        |  -1.35B
  2023-06-30 |                            |  -1.20B
  2023-09-30 |                        |  -1.37B
  2023-12-31 |                     |  -1.52B
  2024-03-31 |                      |  -1.45B
  2024-06-30 |                      |  -1.46B
  2024-09-30 |                              |  -1.10B
  2024-12-31 |                                     |  1.73B
  2025-03-31 |                                         |  1.24B
  2025-06-30 |                             |  1.30B
  2025-09-30 |                            |  1.56B

               |                         |                         |                         |                         |
               -2.46B                    -1.23B                     0.00B                     1.23B                     2.46B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              23/23 dates (100%)
  ⚠️  sellingGeneralAndAdministrative     21/23 dates (91%)
  ⚠️  costofGoodsAndServicesSold          21/23 dates (91%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.48B                     0.96B                     1.44B                     1.92B
               |                         |                         |                         |                         |

  2020-03-31 |  0.15B ⊗⊗
  2020-06-30 |  0.15B ⊗⊗
  2020-09-30 |  0.22B
  2020-12-31 |  0.26B
  2021-03-31 |  0.29B
  2021-06-30 |  0.39B
  2021-09-30 |  0.44B
  2021-12-31 |  0.73B
  2022-03-31 |  0.60B
  2022-06-30 |  1.07B
  2022-09-30 |  1.45B
  2022-12-31 |  1.66B
  2023-03-31 |  1.20B
  2023-06-30 |  1.53B
  2023-09-30 |  1.81B
  2023-12-31 |  1.92B
  2024-03-31 |  1.73B
  2024-06-30 |  1.61B
  2024-09-30 |  1.27B
  2024-12-31 |  1.56B
  2025-03-31 |  1.03B
  2025-06-30 |  1.51B
  2025-09-30 |  1.61B

               |                         |                         |                         |                         |
               0.00B                     0.48B                     0.96B                     1.44B                     1.92B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ⚠️  cashAndShortTermInvestments         21/23 dates (91%)
  ⚠️  shortLongTermDebtTotal              19/23 dates (83%)
  ✅ operatingCashflow                   23/23 dates (100%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -18.13B                   -9.07B                     0.00B                     9.07B                    18.13B
               |                         |                         |                         |                         |

  2020-03-31 |                                               | -2.26B ⊗
  2020-06-30 |                                                    | -0.18B ⊗⊗
  2020-09-30 |                                                    | -0.23B ⊗⊗
  2020-12-31 |                                                    |  2.98B
  2021-03-31 |                                            | -2.98B ⊗
  2021-06-30 |                                                    |  3.66B
  2021-09-30 |                                                   |  5.16B
  2021-12-31 |                                                  | 18.13B
  2022-03-31 |                                                  |  16.43B
  2022-06-30 |                                                  |  14.92B
  2022-09-30 |                                                 |  13.27B
  2022-12-31 |                                                 |  11.57B
  2023-03-31 |                                                 |  11.24B
  2023-06-30 |                                                 |  9.26B
  2023-09-30 |                                                  |  7.94B
  2023-12-31 |                                                  |  7.86B
  2024-03-31 |                                                 |  5.98B
  2024-06-30 |                                                   |  6.30B
  2024-09-30 |                                                  |  6.26B
  2024-12-31 |                                                     |  5.74B
  2025-03-31 |                                                    |  6.00B
  2025-06-30 |                                                     |  6.33B
  2025-09-30 |                                                     |  4.97B

               |                         |                         |                         |                         |
               -18.13B                   -9.07B                     0.00B                     9.07B                    18.13B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   23/23 dates (100%)
  ✅ capitalExpenditures                 23/23 dates (100%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -1.52B                    -0.76B                     0.00B                     0.76B                     1.52B
               |                         |                         |                         |                         |

  2020-03-31 |                                               |  0.20B
  2020-06-30 |                                               |  0.20B
  2020-09-30 |                                             |  -0.23B
  2020-12-31 |                                            |  0.31B
  2021-03-31 |                                         |  0.44B
  2021-06-30 |                                    |  -0.49B
  2021-09-30 |                              |  -0.68B
  2021-12-31 |                |  -1.09B
  2022-03-31 |                  |  -1.03B
  2022-06-30 |            |  -1.20B
  2022-09-30 |      |  -1.37B
  2022-12-31 |    |  -1.45B
  2023-03-31 | |  -1.52B
  2023-06-30 |      |  -1.36B
  2023-09-30 |                       |  -0.88B
  2023-12-31 |               |  -1.11B
  2024-03-31 |          |  -1.27B
  2024-06-30 |                           |  -0.75B
  2024-09-30 |                       |  -0.88B
  2024-12-31 |                                                     |  1.18B
  2025-03-31 |                                               |  0.34B
  2025-06-30 |                                                     |  0.46B
  2025-09-30 |                                                     |  0.45B

               |                         |                         |                         |                         |
               -1.52B                    -0.76B                     0.00B                     0.76B                     1.52B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         19/23 dates (83%)
  ⚠️  totalLiabilities                    19/23 dates (83%)
  ⚠️  totalShareholderEquity              21/23 dates (91%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -22.29B                   -11.15B                    0.00B                    11.15B                    22.29B
               |                         |                         |                         |                         |

  2020-03-31 |                                                     |  2.38B ⊗⊗
  2020-12-31 |                                                  |  5.99B
  2021-03-31 |                                                     |  3.86B ⊗⊗
  2021-06-30 |                                               |  8.87B
  2021-09-30 |                                             |  12.10B
  2021-12-31 |                                                     | 22.29B
  2022-03-31 |                                                     |  21.30B
  2022-06-30 |                                                     |  20.17B
  2022-09-30 |                                                     |  19.02B
  2022-12-31 |                                                     |  17.88B
  2023-03-31 |                                                     |  18.19B
  2023-06-30 |                                                     |  17.23B
  2023-09-30 |                                                     |  16.46B
  2023-12-31 |                                                     |  16.78B
  2024-03-31 |                                                     |  15.73B
  2024-06-30 |                                                     |  15.35B
  2024-09-30 |                                                     |  14.26B
  2024-12-31 |                                                     |  15.41B
  2025-03-31 |                                                     |  15.51B
  2025-06-30 |                                                     |  15.60B
  2025-09-30 |                                                     |  15.22B

               |                         |                         |                         |                         |
               -22.29B                   -11.15B                    0.00B                    11.15B                    22.29B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           23/23 dates (100%)
  ⚠️  shortLongTermDebtTotal              19/23 dates (83%)
  ⚠️  totalShareholderEquity              21/23 dates (91%)

Plot for RIVN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -19.51B                   -9.76B                     0.00B                     9.76B                    19.51B
               |                         |                         |                         |                         |

  2020-03-31 |                                                    |  2.38B ⊗
  2020-06-30 |                                                    | -0.20B ⊗⊗
  2020-09-30 |                                                    | -0.29B ⊗⊗
  2020-12-31 |                                                 |  -1.38B
  2021-03-31 |                                                    |  3.86B ⊗
  2021-06-30 |                                               |  -2.38B
  2021-09-30 |                                           |  -3.61B
  2021-12-31 |                                              | 19.51B
  2022-03-31 |                                                 |  18.26B
  2022-06-30 |                                                |  16.87B
  2022-09-30 |                                                |  15.34B
  2022-12-31 |                                                |  13.80B
  2023-03-31 |                                                 |  12.74B
  2023-06-30 |                                                  |  11.71B
  2023-09-30 |                                                 |  10.55B
  2023-12-31 |                                                 |  9.14B
  2024-03-31 |                                                 |  8.07B
  2024-06-30 |                                                 |  6.82B
  2024-09-30 |                                                  |  6.26B
  2024-12-31 |                                                   |  6.56B
  2025-03-31 |                                                    |  6.22B
  2025-06-30 |                                                  |  6.33B
  2025-09-30 |                                                  |  5.07B

               |                         |                         |                         |                         |
               -19.51B                   -9.76B                     0.00B                     9.76B                    19.51B

Price History

Volume

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