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Side-by-side financial comparison of Boot Barn Holdings, Inc. (BOOT) and Rivian Automotive, Inc. (RIVN). Click either name above to swap in a different company.

Rivian Automotive, Inc. is the larger business by last-quarter revenue ($1.3B vs $705.6M, roughly 1.8× Boot Barn Holdings, Inc.). Boot Barn Holdings, Inc. runs the higher net margin — 12.2% vs -63.1%, a 75.2% gap on every dollar of revenue. On growth, Boot Barn Holdings, Inc. posted the faster year-over-year revenue change (16.0% vs -25.8%). Boot Barn Holdings, Inc. produced more free cash flow last quarter ($148.0M vs $-1.1B). Over the past eight quarters, Boot Barn Holdings, Inc.'s revenue compounded faster (34.8% CAGR vs 3.3%).

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

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.

BOOT vs RIVN — Head-to-Head

Bigger by revenue
RIVN
RIVN
1.8× larger
RIVN
$1.3B
$705.6M
BOOT
Growing faster (revenue YoY)
BOOT
BOOT
+41.9% gap
BOOT
16.0%
-25.8%
RIVN
Higher net margin
BOOT
BOOT
75.2% more per $
BOOT
12.2%
-63.1%
RIVN
More free cash flow
BOOT
BOOT
$1.3B more FCF
BOOT
$148.0M
$-1.1B
RIVN
Faster 2-yr revenue CAGR
BOOT
BOOT
Annualised
BOOT
34.8%
3.3%
RIVN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOOT
BOOT
RIVN
RIVN
Revenue
$705.6M
$1.3B
Net Profit
$85.8M
$-811.0M
Gross Margin
39.9%
9.3%
Operating Margin
16.3%
-64.8%
Net Margin
12.2%
-63.1%
Revenue YoY
16.0%
-25.8%
Net Profit YoY
14.3%
-9.0%
EPS (diluted)
$2.79
$-0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOOT
BOOT
RIVN
RIVN
Q4 25
$705.6M
$1.3B
Q3 25
$505.4M
$1.6B
Q2 25
$504.1M
$1.3B
Q1 25
$453.7M
$1.2B
Q4 24
$608.2M
$1.7B
Q3 24
$425.8M
$874.0M
Q2 24
$423.4M
$1.2B
Q1 24
$388.5M
$1.2B
Net Profit
BOOT
BOOT
RIVN
RIVN
Q4 25
$85.8M
$-811.0M
Q3 25
$42.2M
$-1.2B
Q2 25
$53.4M
$-1.1B
Q1 25
$37.5M
$-545.0M
Q4 24
$75.1M
$-744.0M
Q3 24
$29.4M
$-1.1B
Q2 24
$38.9M
$-1.5B
Q1 24
$29.4M
$-1.4B
Gross Margin
BOOT
BOOT
RIVN
RIVN
Q4 25
39.9%
9.3%
Q3 25
36.4%
1.5%
Q2 25
39.1%
-15.8%
Q1 25
37.1%
16.6%
Q4 24
39.3%
9.8%
Q3 24
35.9%
-44.9%
Q2 24
37.0%
-38.9%
Q1 24
35.9%
-43.8%
Operating Margin
BOOT
BOOT
RIVN
RIVN
Q4 25
16.3%
-64.8%
Q3 25
11.2%
-63.1%
Q2 25
14.0%
-85.5%
Q1 25
11.0%
-52.8%
Q4 24
16.4%
-38.1%
Q3 24
9.4%
-133.8%
Q2 24
11.9%
-118.7%
Q1 24
9.8%
-123.3%
Net Margin
BOOT
BOOT
RIVN
RIVN
Q4 25
12.2%
-63.1%
Q3 25
8.4%
-75.3%
Q2 25
10.6%
-85.7%
Q1 25
8.3%
-44.0%
Q4 24
12.3%
-42.9%
Q3 24
6.9%
-125.9%
Q2 24
9.2%
-125.8%
Q1 24
7.6%
-120.1%
EPS (diluted)
BOOT
BOOT
RIVN
RIVN
Q4 25
$2.79
$-0.66
Q3 25
$1.37
$-0.96
Q2 25
$1.74
$-0.97
Q1 25
$1.24
$-0.48
Q4 24
$2.43
$-0.67
Q3 24
$0.95
$-1.08
Q2 24
$1.26
$-1.46
Q1 24
$0.96
$-1.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOOT
BOOT
RIVN
RIVN
Cash + ST InvestmentsLiquidity on hand
$200.1M
$6.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$4.6B
Total Assets
$2.4B
$14.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOT
BOOT
RIVN
RIVN
Q4 25
$200.1M
$6.1B
Q3 25
$64.7M
$7.1B
Q2 25
$95.3M
$7.5B
Q1 25
$69.8M
$7.2B
Q4 24
$152.9M
$7.7B
Q3 24
$37.4M
$6.7B
Q2 24
$83.4M
$7.9B
Q1 24
$75.8M
$7.9B
Total Debt
BOOT
BOOT
RIVN
RIVN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$5.5B
Q1 24
$4.4B
Stockholders' Equity
BOOT
BOOT
RIVN
RIVN
Q4 25
$1.3B
$4.6B
Q3 25
$1.2B
$5.1B
Q2 25
$1.2B
$6.1B
Q1 25
$1.1B
$6.2B
Q4 24
$1.1B
$6.6B
Q3 24
$1.0B
$5.9B
Q2 24
$981.8M
$6.8B
Q1 24
$943.6M
$8.1B
Total Assets
BOOT
BOOT
RIVN
RIVN
Q4 25
$2.4B
$14.9B
Q3 25
$2.3B
$15.2B
Q2 25
$2.1B
$15.6B
Q1 25
$2.0B
$15.5B
Q4 24
$2.0B
$15.4B
Q3 24
$1.9B
$14.3B
Q2 24
$1.8B
$15.4B
Q1 24
$1.7B
$15.7B
Debt / Equity
BOOT
BOOT
RIVN
RIVN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.81×
Q1 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOOT
BOOT
RIVN
RIVN
Operating Cash FlowLast quarter
$209.7M
$-681.0M
Free Cash FlowOCF − Capex
$148.0M
$-1.1B
FCF MarginFCF / Revenue
21.0%
-89.0%
Capex IntensityCapex / Revenue
8.7%
36.0%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M
$-2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOT
BOOT
RIVN
RIVN
Q4 25
$209.7M
$-681.0M
Q3 25
$25.7M
$26.0M
Q2 25
$73.8M
$64.0M
Q1 25
$-43.1M
$-188.0M
Q4 24
$157.1M
$1.2B
Q3 24
$-7.8M
$-876.0M
Q2 24
$41.3M
$-754.0M
Q1 24
$-1.3B
Free Cash Flow
BOOT
BOOT
RIVN
RIVN
Q4 25
$148.0M
$-1.1B
Q3 25
$-17.5M
$-421.0M
Q2 25
$42.4M
$-398.0M
Q1 25
$-83.1M
$-526.0M
Q4 24
$114.2M
$856.0M
Q3 24
$-46.1M
$-1.2B
Q2 24
$14.2M
$-1.0B
Q1 24
$-1.5B
FCF Margin
BOOT
BOOT
RIVN
RIVN
Q4 25
21.0%
-89.0%
Q3 25
-3.5%
-27.0%
Q2 25
8.4%
-30.5%
Q1 25
-18.3%
-42.4%
Q4 24
18.8%
49.4%
Q3 24
-10.8%
-131.9%
Q2 24
3.4%
-89.6%
Q1 24
-126.5%
Capex Intensity
BOOT
BOOT
RIVN
RIVN
Q4 25
8.7%
36.0%
Q3 25
8.6%
28.7%
Q2 25
6.2%
35.5%
Q1 25
8.8%
27.3%
Q4 24
7.1%
18.9%
Q3 24
9.0%
31.7%
Q2 24
6.4%
24.4%
Q1 24
21.1%
Cash Conversion
BOOT
BOOT
RIVN
RIVN
Q4 25
2.44×
Q3 25
0.61×
Q2 25
1.38×
Q1 25
-1.15×
Q4 24
2.09×
Q3 24
-0.26×
Q2 24
1.06×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOOT
BOOT

Segment breakdown not available.

RIVN
RIVN

Automotive Segment$839.0M65%
Software And Services Segment$447.0M35%
Regulatory Credits$30.0M2%

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