Rivian Automotive, Inc. (RIVN) income statement
NASDAQ · Consumer Cyclical · Auto - Manufacturers · 15,232 employees · CEO Robert Joseph Scaringe
- Price
- $12.16 +6.20%
- Market cap
- $17.6B
- Enterprise value
- $19.5B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-11 EPS est. -$0.54
Rivian Automotive, Inc. (RIVN) reported revenue of $2.16B for Q3 '26 (+38.3% year on year), operating income of -$881M (-40.9% of revenue) and net income of -$913M. Over the last four quarters revenue was $6.48B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.2B | $1.16B | $874M | $1.73B | $1.24B | $1.3B | $1.56B | $1.29B | $1.38B | $1.66B | $2.16B | |
| Cost of revenue | $1.92B | $1.73B | $1.61B | $1.27B | $1.56B | $1.03B | $1.51B | $1.53B | $1.17B | $1.26B | $1.48B | $1.98B | |
| Gross profit | -$606M | -$527M | -$451M | -$392M | $170M | $206M | -$206M | $24M | $120M | $119M | $179M | $176M | |
| Research & development | $526M | $461M | $428M | $350M | $374M | $381M | $410M | $453M | $424M | $458M | $466M | $485M | |
| Sales & marketing | $20M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $429M | $0 | $0 | $0 | $0 | $425M | $446M | $0 | $0 | $485M | $485M | $572M | |
| Other operating expenses | $0 | $0 | $53M | $0 | $0 | $55M | $52M | $0 | $221M | $57M | $64M | $0 | |
| Operating expenses | $975M | $957M | $924M | $777M | $831M | $861M | $908M | $1.01B | $953M | $1B | $1.02B | $1.06B | |
| Operating income | -$1.58B | -$1.48B | -$1.38B | -$1.17B | -$661M | -$655M | -$1.11B | -$983M | -$833M | -$881M | -$836M | -$881M | |
| Interest income | $131M | $112M | $95M | $95M | $83M | $81M | $72M | $76M | $64M | $50M | $48M | $55M | |
| Interest expense | $73M | $75M | $75M | $87M | $81M | $72M | $69M | $69M | $64M | $65M | $68M | $74M | |
| Other non-operating income (gains on investments, FX ...) | -$133M | -$114M | $6M | -$156M | -$2M | -$188M | -$70M | $115M | -$96M | -$528M | -$66M | -$47M | |
| Total non-operating income | $60M | $39M | -$81M | $69M | -$79M | $116M | $1M | -$184M | $32M | $463M | -$2M | -$27M | |
| Income before tax | -$1.52B | -$1.45B | -$1.46B | -$1.1B | -$740M | -$539M | -$1.11B | -$1.17B | -$801M | -$418M | -$838M | -$908M | |
| Income tax | $0 | $1M | $1M | $0 | $3M | $2M | $2M | -$1M | $3M | -$2M | -$1M | -$1M | |
| Net income | -$1.52B | -$1.45B | -$1.46B | -$1.1B | -$743M | -$545M | -$1.12B | -$1.17B | -$811M | -$416M | -$833M | -$913M | |
| EPS (basic) | -$1.58 | -$1.48 | -$1.46 | -$1.08 | -$0.70 | -$0.48 | -$0.97 | -$0.96 | -$0.66 | -$0.33 | -$0.63 | -$0.63 | |
| EPS (diluted) | -$1.58 | -$1.48 | -$1.46 | -$1.08 | -$0.70 | -$0.48 | -$0.97 | -$0.96 | -$0.66 | -$0.33 | -$0.63 | -$0.63 | |
| Shares (basic, weighted) | 963M | 978M | 1B | 1.01B | 1.06B | 1.14B | 1.16B | 1.22B | 1.23B | 1.25B | 1.29B | 1.45B | |
| Shares (diluted, weighted) | 963M | 978M | 1B | 1.01B | 1.06B | 1.14B | 1.16B | 1.22B | 1.23B | 1.25B | 1.29B | 1.45B | |
| Depreciation & amortization | $270M | $280M | $274M | $259M | $218M | $200M | $196M | $187M | $201M | $194M | $237M | $251M | |
| EBITDA | -$1.18B | -$1.09B | -$1.11B | -$754M | -$441M | -$267M | -$848M | -$911M | -$536M | -$159M | -$533M | -$583M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $55M | $1.66B | $4.43B | $4.97B | $5.39B | |
| Cost of revenue | $7M | $29M | $520M | $4.78B | $6.46B | $6.17B | $5.24B | |
| Gross profit | -$7M | -$29M | -$465M | -$3.12B | -$2.03B | -$1.2B | $144M | |
| Research & development | $301M | $766M | $1.85B | $1.94B | $2B | $1.61B | $1.67B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $1.84B | |
| Other operating expenses | $0 | $0 | $663M | $0 | $0 | $0 | $221M | |
| Operating expenses | $402M | $992M | $3.76B | $3.73B | $3.71B | $3.49B | $3.73B | |
| Operating income | -$409M | -$1.02B | -$4.22B | -$6.86B | -$5.74B | -$4.69B | -$3.59B | |
| Interest income | $18M | $10M | $3M | $193M | $522M | $385M | $293M | |
| Interest expense | $34M | $8M | $29M | $103M | $220M | $318M | $274M | |
| Other non-operating income (gains on investments, FX ...) | -$17M | -$11M | $439M | -$211M | -$528M | -$266M | -$239M | |
| Total non-operating income | -$17M | $3M | -$468M | $108M | $308M | -$52M | -$35M | |
| Income before tax | -$426M | -$1.02B | -$4.69B | -$6.75B | -$5.43B | -$4.74B | -$3.62B | |
| Income tax | $0 | $0 | $0 | $4M | $1M | $5M | $6M | |
| Net income | -$459M | -$1.02B | -$4.69B | -$6.75B | -$5.43B | -$4.75B | -$3.65B | |
| EPS (basic) | -$4.35 | -$10.09 | -$22.98 | -$7.40 | -$5.74 | -$4.69 | -$3.07 | |
| EPS (diluted) | -$4.35 | -$10.09 | -$22.98 | -$7.40 | -$5.74 | -$4.69 | -$3.07 | |
| Shares (basic, weighted) | 97.9M | 101M | 204M | 913M | 947M | 1.01B | 1.19B | |
| Shares (diluted, weighted) | 98M | 101M | 204M | 913M | 947M | 1.01B | 1.19B | |
| Depreciation & amortization | $7M | $29M | $197M | $652M | $937M | $1.03B | $784M | |
| EBITDA | -$385M | -$981M | -$4.46B | -$5.99B | -$4.27B | -$3.39B | -$2.56B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02