Rivian (RIVN)
Builds electric pickups, SUVs, and commercial vans alongside vehicle software and services.
$15.25
vs last close−0.12 (−0.75%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,337 | 1,315 | 1,204 | 1,158 | 874 | 1,734 | 1,240 | 1,303 | 1,558 | 1,286 | 1,381 | 1,658 |
| Cost of revenue | 1,814 | 1,921 | 1,731 | 1,609 | 1,266 | 1,564 | 1,034 | 1,509 | 1,534 | 1,166 | 1,262 | 1,479 |
| Gross profit | −477 | −606 | −527 | −451 | −392 | 170 | 206 | −206 | 24 | 120 | 119 | 179 |
| 963 | 975 | 957 | 924 | 777 | 831 | 861 | 908 | 1,007 | 953 | 1,000 | 1,015 | |
| Research & development | 529 | 526 | 461 | 428 | 350 | 374 | 381 | 410 | 453 | 424 | 458 | 466 |
| 434 | 449 | 496 | 443 | 427 | 457 | 425 | 446 | 554 | 308 | 485 | 485 | |
| Selling & marketing | 0 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 429 | 0 | 0 | 0 | 0 | 425 | 446 | 0 | 0 | 485 | 485 |
| Other expenses | 0 | 0 | 0 | 53 | 0 | 0 | 55 | 52 | 0 | 221 | 57 | 64 |
| Operating income | −1,440 | −1,581 | −1,484 | −1,375 | −1,169 | −661 | −655 | −1,114 | −983 | −833 | −881 | −836 |
| 73 | 60 | 39 | −81 | 69 | −79 | 116 | 1 | −184 | 32 | 463 | −2 | |
| Interest income | 126 | 131 | 112 | 95 | 95 | 83 | 81 | 72 | 76 | 64 | 50 | 48 |
| Interest expense | 55 | 73 | 75 | 75 | 87 | 81 | 72 | 69 | 69 | 64 | 65 | 68 |
| Other non-operating income | −128 | −133 | −114 | 6 | −156 | −2 | −188 | −70 | 115 | −96 | −528 | −66 |
| Income before tax | −1,367 | −1,521 | −1,445 | −1,456 | −1,100 | −740 | −539 | −1,113 | −1,167 | −801 | −418 | −838 |
| Income tax expense | 0 | 0 | 1 | 1 | 0 | 3 | 2 | 2 | −1 | 3 | −2 | −1 |
| Net income from continuing operations | −1,367 | −1,521 | −1,446 | −1,457 | −1,100 | −743 | −541 | −1,115 | −1,166 | −804 | −416 | −837 |
| Net income | −1,367 | −1,521 | −1,446 | −1,457 | −1,100 | −743 | −545 | −1,117 | −1,173 | −811 | −416 | −833 |
| EPS, basic | −$1.44 | −$1.58 | −$1.48 | −$1.46 | −$1.08 | −$0.70 | −$0.48 | −$0.97 | −$0.96 | −$0.66 | −$0.33 | −$0.63 |
| EPS, diluted | −$1.44 | −$1.58 | −$1.48 | −$1.46 | −$1.08 | −$0.70 | −$0.48 | −$0.97 | −$0.96 | −$0.66 | −$0.33 | −$0.63 |
| Weighted average shares, basic | 952 | 963 | 978 | 1,001 | 1,014 | 1,058 | 1,137 | 1,155 | 1,220 | 1,233 | 1,249 | 1,287 |
| Weighted average shares, diluted | 952 | 963 | 978 | 1,001 | 1,014 | 1,058 | 1,137 | 1,155 | 1,220 | 1,233 | 1,249 | 1,287 |
| EBITDA | −1,056 | −1,178 | −1,090 | −1,107 | −754 | −441 | −267 | −848 | −911 | −536 | −159 | −533 |
| Depreciation & amortization | 256 | 270 | 280 | 274 | 259 | 218 | 200 | 196 | 187 | 201 | 194 | 237 |
| EBIT | −1,312 | −1,448 | −1,370 | −1,381 | −1,013 | −659 | −467 | −1,044 | −1,098 | −737 | −353 | −770 |
