Rivian Automotive, Inc.RIVNEarnings & Financial Report
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology company founded in 2009. It produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. It started deliveries of its R1T pickup truck in late 2021. The company planned to build an exclusive charging network in the United States and Canada by the end of 2023.
Revenue
$1.3B
Gross Profit
$-206.0M
Operating Profit
$-1.1B
Net Profit
$-1.1B
Gross Margin
-15.8%
Operating Margin
-85.5%
Net Margin
-85.7%
YoY Growth
12.5%
EPS
$-0.97
Rivian Automotive, Inc. Q2 FY2025 Financial Summary
Rivian Automotive, Inc. reported revenue of $1.3B (up 12.5% YoY) for Q2 FY2025, with a net profit of $-1.1B (up 23.3% YoY) (-85.7% margin). Cost of goods sold was $1.5B, operating expenses totaled $908.0M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $-1.1B |
| Gross Margin | -15.8% |
| Operating Margin | -85.5% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Rivian Automotive, Inc. Q2 FY2025 revenue of $1.3B breaks down across 3 segments, led by Automotive Segment at $927.0M (71.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Automotive Segment | $927.0M | 71.1% |
| Software And Services Segment | $376.0M | 28.9% |
| Regulatory Credits | $7.0M | 0.5% |
Rivian Automotive, Inc. Revenue by Segment — Quarterly Trend
Rivian Automotive, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Automotive Segment and Software And Services Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Automotive Segment | $839.0M | — | $927.0M | $922.0M |
| Software And Services Segment | $447.0M | — | $376.0M | — |
| Regulatory Credits | $30.0M | $1.0M | $7.0M | $159.0M |
Rivian Automotive, Inc. Annual Revenue by Year
Rivian Automotive, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.4B |
| 2024 | $5.0B |
| 2023 | $4.4B |
Rivian Automotive, Inc. Quarterly Revenue & Net Profit History
Rivian Automotive, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.3B | -25.8% | $-811.0M | -63.1% |
| Q3 FY2025 | $1.6B | +78.3% | $-1.2B | -75.3% |
| Q2 FY2025 | $1.3B | +12.5% | $-1.1B | -85.7% |
| Q1 FY2025 | $1.2B | +3.0% | $-545.0M | -44.0% |
| Q4 FY2024 | $1.7B | +31.9% | $-744.0M | -42.9% |
| Q3 FY2024 | $874.0M | -34.6% | $-1.1B | -125.9% |
| Q2 FY2024 | $1.2B | +3.3% | $-1.5B | -125.8% |
| Q1 FY2024 | $1.2B | +82.1% | $-1.4B | -120.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.16B | $874.0M | $1.73B | $1.24B | $1.30B | $1.56B | $1.29B |
| YoY Growth | 82.1% | 3.3% | -34.6% | 31.9% | 3.0% | 12.5% | 78.3% | -25.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.73B | $15.35B | $14.26B | $15.41B | $15.51B | $15.60B | $15.22B | $14.86B |
| Liabilities | $7.67B | $8.54B | $8.36B | $8.85B | $9.28B | $9.52B | $10.13B | $10.27B |
| Equity | $8.07B | $6.82B | $5.90B | $6.56B | $6.23B | $6.08B | $5.08B | $4.59B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.27B | $-754.0M | $-876.0M | $1.18B | $-188.0M | $64.0M | $26.0M | $-681.0M |