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

PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.1× Rivian Automotive, Inc.). PACS Group, Inc. runs the higher net margin — 4.4% vs -63.1%, a 67.5% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs -25.8%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs 3.3%).

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.

PACS vs RIVN — Head-to-Head

Bigger by revenue
PACS
PACS
1.1× larger
PACS
$1.4B
$1.3B
RIVN
Growing faster (revenue YoY)
PACS
PACS
+44.2% gap
PACS
18.4%
-25.8%
RIVN
Higher net margin
PACS
PACS
67.5% more per $
PACS
4.4%
-63.1%
RIVN
Faster 2-yr revenue CAGR
PACS
PACS
Annualised
PACS
20.5%
3.3%
RIVN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACS
PACS
RIVN
RIVN
Revenue
$1.4B
$1.3B
Net Profit
$59.7M
$-811.0M
Gross Margin
9.3%
Operating Margin
7.0%
-64.8%
Net Margin
4.4%
-63.1%
Revenue YoY
18.4%
-25.8%
Net Profit YoY
3022.5%
-9.0%
EPS (diluted)
$0.42
$-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
PACS
PACS
RIVN
RIVN
Q4 25
$1.4B
$1.3B
Q3 25
$1.3B
$1.6B
Q2 25
$1.3B
$1.3B
Q1 25
$1.3B
$1.2B
Q4 24
$1.1B
$1.7B
Q3 24
$1.0B
$874.0M
Q2 24
$981.4M
$1.2B
Q1 24
$934.3M
$1.2B
Net Profit
PACS
PACS
RIVN
RIVN
Q4 25
$59.7M
$-811.0M
Q3 25
$52.4M
$-1.2B
Q2 25
$51.0M
$-1.1B
Q1 25
$28.5M
$-545.0M
Q4 24
$1.9M
$-744.0M
Q3 24
$15.6M
$-1.1B
Q2 24
$-10.9M
$-1.5B
Q1 24
$49.1M
$-1.4B
Gross Margin
PACS
PACS
RIVN
RIVN
Q4 25
9.3%
Q3 25
1.5%
Q2 25
-15.8%
Q1 25
16.6%
Q4 24
9.8%
Q3 24
17.1%
-44.9%
Q2 24
22.3%
-38.9%
Q1 24
21.2%
-43.8%
Operating Margin
PACS
PACS
RIVN
RIVN
Q4 25
7.0%
-64.8%
Q3 25
6.4%
-63.1%
Q2 25
6.2%
-85.5%
Q1 25
3.8%
-52.8%
Q4 24
1.7%
-38.1%
Q3 24
2.2%
-133.8%
Q2 24
0.1%
-118.7%
Q1 24
8.6%
-123.3%
Net Margin
PACS
PACS
RIVN
RIVN
Q4 25
4.4%
-63.1%
Q3 25
3.9%
-75.3%
Q2 25
3.9%
-85.7%
Q1 25
2.2%
-44.0%
Q4 24
0.2%
-42.9%
Q3 24
1.5%
-125.9%
Q2 24
-1.1%
-125.8%
Q1 24
5.3%
-120.1%
EPS (diluted)
PACS
PACS
RIVN
RIVN
Q4 25
$0.42
$-0.66
Q3 25
$0.32
$-0.96
Q2 25
$0.31
$-0.97
Q1 25
$0.17
$-0.48
Q4 24
$-0.03
$-0.67
Q3 24
$0.10
$-1.08
Q2 24
$-0.07
$-1.46
Q1 24
$0.38
$-1.48

Balance Sheet & Financial Strength

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

Metric
PACS
PACS
RIVN
RIVN
Cash + ST InvestmentsLiquidity on hand
$197.0M
$6.1B
Total DebtLower is stronger
$353.2M
Stockholders' EquityBook value
$946.8M
$4.6B
Total Assets
$5.6B
$14.9B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACS
PACS
RIVN
RIVN
Q4 25
$197.0M
$6.1B
Q3 25
$355.7M
$7.1B
Q2 25
$294.2M
$7.5B
Q1 25
$287.5M
$7.2B
Q4 24
$157.7M
$7.7B
Q3 24
$49.5M
$6.7B
Q2 24
$73.4M
$7.9B
Q1 24
$81.2M
$7.9B
Total Debt
PACS
PACS
RIVN
RIVN
Q4 25
$353.2M
Q3 25
Q2 25
Q1 25
Q4 24
$411.9M
Q3 24
Q2 24
$5.5B
Q1 24
$4.4B
Stockholders' Equity
PACS
PACS
RIVN
RIVN
Q4 25
$946.8M
$4.6B
Q3 25
$871.3M
$5.1B
Q2 25
$806.8M
$6.1B
Q1 25
$750.2M
$6.2B
Q4 24
$709.6M
$6.6B
Q3 24
$660.0M
$5.9B
Q2 24
$572.1M
$6.8B
Q1 24
$128.0M
$8.1B
Total Assets
PACS
PACS
RIVN
RIVN
Q4 25
$5.6B
$14.9B
Q3 25
$5.6B
$15.2B
Q2 25
$5.5B
$15.6B
Q1 25
$5.5B
$15.5B
Q4 24
$5.2B
$15.4B
Q3 24
$4.5B
$14.3B
Q2 24
$3.9B
$15.4B
Q1 24
$3.9B
$15.7B
Debt / Equity
PACS
PACS
RIVN
RIVN
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
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
PACS
PACS
RIVN
RIVN
Operating Cash FlowLast quarter
$-3.4M
$-681.0M
Free Cash FlowOCF − Capex
$-1.1B
FCF MarginFCF / Revenue
-89.0%
Capex IntensityCapex / Revenue
36.0%
Cash ConversionOCF / Net Profit
-0.06×
TTM Free Cash FlowTrailing 4 quarters
$-2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACS
PACS
RIVN
RIVN
Q4 25
$-3.4M
$-681.0M
Q3 25
$204.8M
$26.0M
Q2 25
$52.6M
$64.0M
Q1 25
$150.2M
$-188.0M
Q4 24
$64.6M
$1.2B
Q3 24
$209.2M
$-876.0M
Q2 24
$34.8M
$-754.0M
Q1 24
$58.8M
$-1.3B
Free Cash Flow
PACS
PACS
RIVN
RIVN
Q4 25
$-1.1B
Q3 25
$-421.0M
Q2 25
$-398.0M
Q1 25
$-526.0M
Q4 24
$856.0M
Q3 24
$-1.2B
Q2 24
$-1.0B
Q1 24
$-1.5B
FCF Margin
PACS
PACS
RIVN
RIVN
Q4 25
-89.0%
Q3 25
-27.0%
Q2 25
-30.5%
Q1 25
-42.4%
Q4 24
49.4%
Q3 24
-131.9%
Q2 24
-89.6%
Q1 24
-126.5%
Capex Intensity
PACS
PACS
RIVN
RIVN
Q4 25
36.0%
Q3 25
28.7%
Q2 25
35.5%
Q1 25
27.3%
Q4 24
18.9%
Q3 24
31.7%
Q2 24
24.4%
Q1 24
21.1%
Cash Conversion
PACS
PACS
RIVN
RIVN
Q4 25
-0.06×
Q3 25
3.91×
Q2 25
1.03×
Q1 25
5.28×
Q4 24
33.78×
Q3 24
13.39×
Q2 24
Q1 24
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACS
PACS

Segment breakdown not available.

RIVN
RIVN

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

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