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Side-by-side financial comparison of ALTA EQUIPMENT GROUP INC. (ALTG) and Rivian Automotive, Inc. / DE (RIVN), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Rivian Automotive, Inc. / DE is the larger business by last-quarter revenue ($1.3B vs $509.1M, roughly 2.5× ALTA EQUIPMENT GROUP INC.). ALTA EQUIPMENT GROUP INC. runs the higher net margin — -2.3% vs -63.1%, a 60.8% gap on every dollar of revenue. On growth, ALTA EQUIPMENT GROUP INC. posted the faster year-over-year revenue change (2.2% vs -25.8%). ALTA EQUIPMENT GROUP INC. produced more free cash flow last quarter ($32.8M vs $-1.1B). Over the past eight quarters, ALTA EQUIPMENT GROUP INC.'s revenue compounded faster (7.4% CAGR vs 3.3%).

The Alta Car and Engineering Company was a British sports and racing car manufacturer, commonly known simply as Alta. Their cars contested five FIA World Championship races between 1950 and 1952, as well as Grand Prix events prior to this. They also supplied engines to a small number of other constructors, most notably the Connaught and HWM teams.

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.

ALTG vs RIVN — Head-to-Head

Bigger by revenue
RIVN
RIVN
2.5× larger
RIVN
$1.3B
$509.1M
ALTG
Growing faster (revenue YoY)
ALTG
ALTG
+28.0% gap
ALTG
2.2%
-25.8%
RIVN
Higher net margin
ALTG
ALTG
60.8% more per $
ALTG
-2.3%
-63.1%
RIVN
More free cash flow
ALTG
ALTG
$1.2B more FCF
ALTG
$32.8M
$-1.1B
RIVN
Faster 2-yr revenue CAGR
ALTG
ALTG
Annualised
ALTG
7.4%
3.3%
RIVN

Income Statement — Q4 2025 vs Q4 2025

Metric
ALTG
ALTG
RIVN
RIVN
Revenue
$509.1M
$1.3B
Net Profit
$-11.7M
$-811.0M
Gross Margin
23.5%
9.3%
Operating Margin
1.0%
-64.8%
Net Margin
-2.3%
-63.1%
Revenue YoY
2.2%
-25.8%
Net Profit YoY
-10.4%
-9.0%
EPS (diluted)
$-0.38
$-0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ALTG
ALTG
RIVN
RIVN
Q4 25
$509.1M
$1.3B
Q3 25
$422.6M
$1.6B
Q2 25
$481.2M
$1.3B
Q1 25
$423.0M
$1.2B
Q4 24
$498.1M
$1.7B
Q3 24
$448.8M
$874.0M
Q2 24
$488.1M
$1.2B
Q1 24
$441.6M
$1.2B
Net Profit
ALTG
ALTG
RIVN
RIVN
Q4 25
$-11.7M
$-811.0M
Q3 25
$-41.6M
$-1.2B
Q2 25
$-6.1M
$-1.1B
Q1 25
$-20.9M
$-545.0M
Q4 24
$-10.6M
$-744.0M
Q3 24
$-27.7M
$-1.1B
Q2 24
$-11.9M
$-1.5B
Q1 24
$-11.9M
$-1.4B
Gross Margin
ALTG
ALTG
RIVN
RIVN
Q4 25
23.5%
9.3%
Q3 25
27.9%
1.5%
Q2 25
25.4%
-15.8%
Q1 25
27.2%
16.6%
Q4 24
23.4%
9.8%
Q3 24
27.8%
-44.9%
Q2 24
27.0%
-38.9%
Q1 24
27.3%
-43.8%
Operating Margin
ALTG
ALTG
RIVN
RIVN
Q4 25
1.0%
-64.8%
Q3 25
1.1%
-63.1%
Q2 25
2.6%
-85.5%
Q1 25
0.2%
-52.8%
Q4 24
0.5%
-38.1%
Q3 24
1.5%
-133.8%
Q2 24
2.1%
-118.7%
Q1 24
-0.2%
-123.3%
Net Margin
ALTG
ALTG
RIVN
RIVN
Q4 25
-2.3%
-63.1%
Q3 25
-9.8%
-75.3%
Q2 25
-1.3%
-85.7%
Q1 25
-4.9%
-44.0%
Q4 24
-2.1%
-42.9%
Q3 24
-6.2%
-125.9%
Q2 24
-2.4%
-125.8%
Q1 24
-2.7%
-120.1%
EPS (diluted)
ALTG
ALTG
RIVN
RIVN
Q4 25
$-0.38
$-0.66
Q3 25
$-1.31
$-0.96
Q2 25
$-0.21
$-0.97
Q1 25
$-0.65
$-0.48
Q4 24
$-0.34
$-0.67
Q3 24
$-0.86
$-1.08
Q2 24
$-0.38
$-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 filing — the kind of financial-strength check premium terminals charge for.

Metric
ALTG
ALTG
RIVN
RIVN
Cash + ST InvestmentsLiquidity on hand
$18.6M
$6.1B
Total DebtLower is stronger
$724.0M
Stockholders' EquityBook value
$-8.8M
$4.6B
Total Assets
$1.3B
$14.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
ALTG
ALTG
RIVN
RIVN
Q4 25
$18.6M
$6.1B
Q3 25
$14.1M
$7.1B
Q2 25
$13.2M
$7.5B
Q1 25
$11.1M
$7.2B
Q4 24
$13.4M
$7.7B
Q3 24
$14.6M
$6.7B
Q2 24
$4.5M
$7.9B
Q1 24
$5.6M
$7.9B
Total Debt
ALTG
ALTG
RIVN
RIVN
Q4 25
$724.0M
Q3 25
$745.6M
Q2 25
$732.6M
Q1 25
$735.0M
Q4 24
$695.3M
Q3 24
$712.6M
Q2 24
$727.3M
$5.5B
Q1 24
$674.4M
$4.4B
Stockholders' Equity
ALTG
ALTG
RIVN
RIVN
Q4 25
$-8.8M
$4.6B
Q3 25
$2.9M
$5.1B
Q2 25
$43.9M
$6.1B
Q1 25
$56.0M
$6.2B
Q4 24
$77.6M
$6.6B
Q3 24
$95.7M
$5.9B
Q2 24
$125.2M
$6.8B
Q1 24
$136.9M
$8.1B
Total Assets
ALTG
ALTG
RIVN
RIVN
Q4 25
$1.3B
$14.9B
Q3 25
$1.4B
$15.2B
Q2 25
$1.4B
$15.6B
Q1 25
$1.5B
$15.5B
Q4 24
$1.5B
$15.4B
Q3 24
$1.5B
$14.3B
Q2 24
$1.6B
$15.4B
Q1 24
$1.6B
$15.7B
Debt / Equity
ALTG
ALTG
RIVN
RIVN
Q4 25
Q3 25
257.10×
Q2 25
16.69×
Q1 25
13.13×
Q4 24
8.96×
Q3 24
7.45×
Q2 24
5.81×
0.81×
Q1 24
4.93×
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
ALTG
ALTG
RIVN
RIVN
Operating Cash FlowLast quarter
$33.9M
$-681.0M
Free Cash FlowOCF − Capex
$32.8M
$-1.1B
FCF MarginFCF / Revenue
6.4%
-89.0%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
0.2%
36.0%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters
$23.8M
$-2.5B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
ALTG
ALTG
RIVN
RIVN
Q4 25
$33.9M
$-681.0M
Q3 25
$2.5M
$26.0M
Q2 25
$14.1M
$64.0M
Q1 25
$-17.5M
$-188.0M
Q4 24
$34.9M
$1.2B
Q3 24
$46.3M
$-876.0M
Q2 24
$-10.7M
$-754.0M
Q1 24
$-13.5M
$-1.3B
Free Cash Flow
ALTG
ALTG
RIVN
RIVN
Q4 25
$32.8M
$-1.1B
Q3 25
$-1.7M
$-421.0M
Q2 25
$11.9M
$-398.0M
Q1 25
$-19.2M
$-526.0M
Q4 24
$30.9M
$856.0M
Q3 24
$42.1M
$-1.2B
Q2 24
$-13.5M
$-1.0B
Q1 24
$-17.9M
$-1.5B
FCF Margin
ALTG
ALTG
RIVN
RIVN
Q4 25
6.4%
-89.0%
Q3 25
-0.4%
-27.0%
Q2 25
2.5%
-30.5%
Q1 25
-4.5%
-42.4%
Q4 24
6.2%
49.4%
Q3 24
9.4%
-131.9%
Q2 24
-2.8%
-89.6%
Q1 24
-4.1%
-126.5%
Capex Intensity
ALTG
ALTG
RIVN
RIVN
Q4 25
0.2%
36.0%
Q3 25
1.0%
28.7%
Q2 25
0.5%
35.5%
Q1 25
0.4%
27.3%
Q4 24
0.8%
18.9%
Q3 24
0.9%
31.7%
Q2 24
0.6%
24.4%
Q1 24
1.0%
21.1%

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

ALTG
ALTG

New And Used Equipment Sales$300.9M59%
Parts Sales$68.1M13%
Services$59.3M12%
Rental Equipment Sales$38.0M7%
Design And Build Projects Automated Equipment Installation And System Integration Services$18.5M4%
Design And Build Solutions Automated Equipment Installation And System Integration And Software Services$14.6M3%
Master Distribution Segment$14.0M3%

RIVN
RIVN

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

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