Rivian Automotive, Inc. logo RIVN - Rivian Automotive, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 13
HOLD 11
SELL 5
STRONG
SELL 0
| PRICE TARGET: $17.30 DETAILS
HIGH: $23.00
LOW: $13.00
MEDIAN: $17.00
CONSENSUS: $17.30
UPSIDE: 10.68%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 1,381 1,286 1,558 1,303 1,240 1,734 874 1,158 1,204 1,315 1,337 1,121 661 663 536 364 95 54 1 0 0 0 0 0 0
Cost of Revenue 1,262 1,245 1,607 1,509 1,106 1,564 1,266 1,609 1,731 1,921 1,814 1,533 1,196 1,663 1,453 1,068 597 437 83 21 14 12 7 0 0
Gross Profit 119 41 (49) (206) 134 170 (392) (451) (527) (606) (477) (412) (535) (1,000) (917) (704) (502) (383) (82) (21) (14) (12) (7) 0 0
Operating Expenses
R&D Expenses 458 404 435 410 364 374 350 428 461 526 529 444 496 402 452 543 547 726 441 394 289 255 220 151 146
SG&A Expenses 542 470 499 446 425 457 427 443 496 449 434 429 402 393 405 461 530 682 253 165 107 86 61 48 44.5
Other Expenses 0 0 0 52 0 0 0 53 0 0 0 0 0 0 0 0 0 663 0 0 0 0 0 0 0
Operating Expenses 1,000 874 934 908 789 831 777 924 957 975 963 873 898 795 857 1,004 1,077 2,071 694 559 396 341 281 199 190.5
Operating Income
Operating Income (881) (833) (983) (1,114) (655) (661) (1,169) (1,375) (1,484) (1,581) (1,440) (1,285) (1,433) (1,795) (1,774) (1,708) (1,579) (2,454) (776) (580) (410) (353) (288) (199) (190.5)
Interest Expense (65) 64 69 69 72 81 87 75 75 73 55 54 38 33 24 24 22 22 1 1 5 2 2 0 0
Interest Income (50) 64 76 72 81 83 95 95 112 131 126 141 124 99 69 22 3 1 1 0 1 1 1 2 2
Profitability
EBITDA (159) (552) (900) (848) (267) (441) (754) (1,107) (1,090) (1,178) (1,056) (918) (1,122) (1,491) (1,525) (1,524) (1,453) (2,326) (1,183) (558) (395) (339) (279) (194) (185.5)
EBIT (353) (737) (1,098) (1,044) (467) (659) (1,013) (1,381) (1,370) (1,448) (1,312) (1,141) (1,310) (1,690) (1,699) (1,685) (1,571) (2,439) (1,232) (579) (409) (351) (286) (199) (190.5)
Income Before Tax (418) (801) (1,167) (1,113) (539) (740) (1,100) (1,456) (1,445) (1,521) (1,367) (1,195) (1,348) (1,723) (1,723) (1,709) (1,593) (2,461) (1,233) (580) (414) (353) (288) (200) (188.5)
Income Tax Expense (2) 3 (1) 2 2 3 0 1 1 0 0 0 1 0 1 3 0 0 0 0 0 0 0 0 0
Net Income (416) (811) (1,173) (1,117) (545) (743) (1,100) (1,457) (1,446) (1,521) (1,367) (1,195) (1,349) (1,723) (1,724) (1,712) (1,593) (2,461) (1,233) (580) (414) (353) (288) (200) (188.5)
Per Share Data
EPS (Basic) -0.33 -0.66 -0.96 -0.97 -0.48 -0.70 -1.08 -1.46 -1.48 -1.58 -1.44 -1.27 -1.45 -1.87 -1.88 -1.89 -1.77 -4.83 -12.21 -5.74 -4.10 -3.40 -2.88 -2.00 -1.88
EPS (Diluted) -0.33 -0.66 -0.96 -0.97 -0.48 -0.70 -1.08 -1.46 -1.48 -1.58 -1.44 -1.27 -1.45 -1.87 -1.88 -1.89 -1.77 -4.83 -12.21 -5.74 -4.10 -3.40 -2.88 -2.00 -1.88
Shares Outstanding 1,249 1,233 1,220 1,155 1,137 1,058 1,014 1,001 978 963 952 942 930 915.0 917.0 905.8 900 510.0 101.0 101.0 101.0 103.7 100 100 100
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2020 Q4 2020 Q1
Current Assets
Cash & Cash Equivalents 2,845 3,579 4,441 4,812 4,693 5,294 5,396 5,763 5,979 7,857 7,941 9,260 11,244 11,568 13,272 14,923 16,432 18,133 5,156 3,658 2,979 (2,264)
Short-Term Investments 1,985 2,503 2,647 2,696 2,485 2,406 1,343 2,104 1,879 1,511 1,192 942 0 0 0 0 0 0 0 0 0 4,528
Net Receivables 342 555 203 254 412 443 217 249 389 161 237 342 157 102 106 62 22 26 0 0 6 0
Inventory 1,543 1,594 1,638 2,103 2,589 2,248 2,680 2,583 2,797 2,620 2,530 2,161 1,823 1,348 949 655 494 274 126 0 0 0
Other Current Assets 330 361 346 255 215 192 201 258 270 164 186 156 126 112 97 92 98 126 63 201 31 0
Total Current Assets 7,045 8,592 9,275 10,120 10,394 10,583 9,837 10,957 11,314 12,313 12,086 12,861 13,350 13,130 14,424 15,732 17,046 18,559 5,345 3,859 3,016 2,264
Non-Current Assets
Property, Plant & Equipment 6,035 5,690 5,389 4,914 4,565 4,381 4,216 4,188 4,209 4,230 4,155 4,186 4,151 4,088 3,959 3,812 3,666 3,411 3,051 2,541 1,525 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 669 0 0 0 0 0 0 0 0 0 0 0 536 531 528 540 539 290 49 49 0 0
Other Non-Current Assets 484 582 553 563 546 446 209 209 211 235 215 180 154 127 112 87 46 34 43 42 61 (2,264)
Total Non-Current Assets 7,188 6,272 5,942 5,477 5,111 4,827 4,425 4,397 4,420 4,465 4,370 4,366 4,841 4,746 4,599 4,439 4,251 3,735 3,143 2,632 1,586 (2,264)
Total Assets 14,233 14,864 15,217 15,597 15,505 15,410 14,262 15,354 15,734 16,778 16,456 17,227 18,191 17,876 19,023 20,171 21,297 22,294 8,488 6,491 4,602 0
Current Liabilities
Account Payables 754 595 554 489 713 499 617 769 1,019 981 1,134 1,007 984 1,000 828 732 571 483 417 203 90 0
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 92 81 74 48 38 28 0
Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 781 593 606 (74) 0 0 0 0
Total Current Liabilities 3,353 3,693 3,425 2,943 2,788 2,251 1,933 2,086 2,401 2,487 2,624 2,274 2,269 2,424 2,109 1,753 1,524 1,313 1,047 819 611 0
Non-Current Liabilities
Long-Term Debt 4,442 4,440 4,438 4,436 4,443 4,441 5,468 5,526 4,433 4,431 2,720 2,718 2,716 1,231 1,229 1,228 1,227 1,226 2,958 2 47 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 1,429 1,586 1,741 1,677 1,618 1,777 601 573 486 395 241 216 161 111 71 47 30 23 7,899 7,894 5,245 0
Total Non-Current Liabilities 6,451 6,577 6,708 6,575 6,487 6,597 6,430 6,450 5,264 5,150 3,280 3,239 3,180 1,653 1,577 1,550 1,513 1,467 11,048 8,047 5,375 0
Total Liabilities 9,804 10,270 10,133 9,518 9,275 8,848 8,363 8,536 7,665 7,637 5,904 5,513 5,449 4,077 3,686 3,303 3,037 2,780 12,095 8,866 5,986 0
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 0 0 0
Retained Earnings (27,367) (26,951) (26,140) (24,967) (23,850) (23,305) (22,561) (21,461) (20,004) (18,558) (17,037) (15,670) (14,475) (13,126) (11,403) (9,679) (7,967) (6,374) (3,913) (2,680) (1,686) 0
Accumulated Other Comprehensive Income 2 8 7 6 (1) (4) 4 (1) 2 3 (2) 0 (1) (2) (4) (1) 0 0 0 0 0 (375)
Total Stockholders' Equity 4,403 4,566 5,066 6,068 6,222 6,558 5,899 6,818 8,069 9,141 10,552 11,714 12,742 13,799 15,337 16,868 18,260 19,514 (3,607) (2,375) (1,384) 2,375
Total Liabilities & Equity 14,233 14,864 15,217 15,597 15,505 15,410 14,262 15,354 15,734 16,778 16,456 17,227 18,191 17,876 19,023 20,171 21,297 22,294 8,488 6,491 4,602 2,375
Debt Metrics
Total Debt 6,576 6,651 6,450 6,335 5,999 5,737 6,258 6,299 5,142 5,116 3,413 3,347 3,308 1,812 1,761 1,655 1,609 1,607 3,191 190 180 0
Net Debt 3,731 3,072 2,009 1,523 1,306 443 862 536 (837) (2,741) (4,528) (5,913) (7,936) (9,756) (11,511) (13,268) (14,823) (16,526) (1,965) (3,468) (2,799) 2,264
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (541) (804) (1,166) (1,115) (541) (744) (1,100) (1,457) (1,446) (1,521) (1,367) (1,195) (1,349) (1,723) (1,724) (1,712) (1,593) (2,461) (1,233) (580) (414) (288) (200) (188.5)
Depreciation & Amortization 194 201 187 196 200 218 259 274 280 270 256 223 188 199 174 161 118 113 49 21 14 7 5 5
Stock-Based Compensation 188 190 174 189 188 154 111 194 233 215 242 181 183 135 293 242 317 570 – 0 0 0 0 0
Change in Working Capital 46 (257) 877 774 46 1,543 299 240 (539) (133) 59 (566) (774) (276) (530) (24) (111) (209) (11) 68 32 52 (5) (5)
Other Non-Cash Items (75) (11) (46) 20 (81) 12 (445) (5) 203 (167) 153 (4) 231 219 419 129 235 901 516 2 6 1 24 12.5
Operating Cash Flow (188) (681) 26 64 (188) 1,183 (876) (754) (1,269) (1,107) (877) (1,361) (1,521) (1,446) (1,368) (1,204) (1,034) (1,086) (679) (489) (362) (228) (176) (176)
Investing Activities
Capital Expenditure (338) (463) (447) (462) (338) (327) (277) (283) (254) (298) (190) (255) (283) (294) (298) (359) (418) (455) (465) (431) (440) (207) (200.5) (200.5)
Acquisitions 0 0 0 0 0 0 0 0 0 225 (225) 0 0 0 0 0 0 0 1 0 0 0 0 0
Purchases of Investments (835) (635) (629) (1,107) (835) (1,916) (247) (1,327) (902) (1,005) (467) (938) 0 0 0 0 0 0 – 0 0 0 0 0
Sales/Maturities of Investments 765 777 683 863 765 857 1,025 1,121 550 700 225 0 0 0 0 0 0 0 – 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 (225) 225 0 0 0 0 0 0 (1) 1 0 0 1 1.5 1.5
Investing Cash Flow (408) (321) (393) (706) (408) (1,386) 501 (489) (606) (603) (432) (1,193) (283) (294) (298) (359) (418) (456) (467) (431) (440) (206) (199) (199)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 1,000 0 1,710 0 0 1,485 0 0 0 0 1,220 2,494 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 – 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 – 0 0 0 0 0
Other Financing Activities (8) 112 (1) (27) (9) 77 0 32 (4) (111) (10) (2) (3) 0 (1) (1) (1) 6 (1) (6) (79) 0 0 0
Financing Cash Flow (6) 139 (3) 756 (6) 104 4 1,030 (2) 1,621 (8) 32 1,485 37 6 56 0 14,760 2,494 (4) 2,572 2,500 0 0
Cash Position
Net Change in Cash (601) (862) (371) 119 (601) (102) (367) (216) (1,878) (84) (1,319) (2,520) (324) (1,701) (1,663) (1,508) (1,701) 12,977 1,498 (924) 1,770 2,066 (375) (375)
Cash at Beginning 5,294 4,441 4,812 4,693 5,294 5,396 5,763 5,979 7,857 7,941 9,260 11,780 11,568 13,800 15,463 16,971 18,133 5,156 3,658 4,781 3,011 1,523 0 0
Cash at End 4,693 3,579 4,441 4,812 4,693 5,294 5,396 5,763 5,979 7,857 7,941 9,260 11,244 12,099 13,800 15,463 16,432 18,133 5,156 3,857 4,781 3,589 (375) (375)
Free Cash Flow (526) (1,144) (421) (398) (526) 856 (1,153) (1,037) (1,523) (1,405) (1,067) (1,616) (1,804) (1,740) (1,666) (1,563) (1,452) (1,541) (1,144) (920) (802) (435) (376.5) (376.5)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 1,381 1,286 1,558 1,303 1,240 1,734 874 1,158 1,204 1,315 1,337 1,121 661 663 536 364 95 54 1 0 0 0 0 0 0
Gross Profit 119 41 (49) (206) 134 170 (392) (451) (527) (606) (477) (412) (535) (1,000) (917) (704) (502) (383) (82) (21) (14) (12) (7) 0 0
Operating Income (881) (833) (983) (1,114) (655) (661) (1,169) (1,375) (1,484) (1,581) (1,440) (1,285) (1,433) (1,795) (1,774) (1,708) (1,579) (2,454) (776) (580) (410) (353) (288) (199) (190.5)
Net Income (416) (811) (1,173) (1,117) (545) (743) (1,100) (1,457) (1,446) (1,521) (1,367) (1,195) (1,349) (1,723) (1,724) (1,712) (1,593) (2,461) (1,233) (580) (414) (353) (288) (200) (188.5)
EPS (Diluted) -0.33 -0.66 -0.96 -0.97 -0.48 -0.70 -1.08 -1.46 -1.48 -1.58 -1.44 -1.27 -1.45 -1.87 -1.88 -1.89 -1.77 -4.83 -12.21 -5.74 -4.10 -3.40 -2.88 -2.00 -1.88
Balance Sheet
Cash & Equivalents 2,845 3,579 4,441 4,812 4,693 5,294 5,396 5,763 5,979 7,857 7,941 9,260 11,244 11,568 13,272 14,923 16,432 18,133 5,156 3,658 2,979 (2,264)
Total Assets 14,233 14,864 15,217 15,597 15,505 15,410 14,262 15,354 15,734 16,778 16,456 17,227 18,191 17,876 19,023 20,171 21,297 22,294 8,488 6,491 4,602 0
Total Debt 6,576 6,651 6,450 6,335 5,999 5,737 6,258 6,299 5,142 5,116 3,413 3,347 3,308 1,812 1,761 1,655 1,609 1,607 3,191 190 180 0
Stockholders' Equity 4,403 4,566 5,066 6,068 6,222 6,558 5,899 6,818 8,069 9,141 10,552 11,714 12,742 13,799 15,337 16,868 18,260 19,514 (3,607) (2,375) (1,384) 2,375
Cash Flow
Operating Cash Flow (188) (681) 26 64 (188) 1,183 (876) (754) (1,269) (1,107) (877) (1,361) (1,521) (1,446) (1,368) (1,204) (1,034) (1,086) (679) (489) (362) (228) (176) (176)
Capital Expenditure (338) (463) (447) (462) (338) (327) (277) (283) (254) (298) (190) (255) (283) (294) (298) (359) (418) (455) (465) (431) (440) (207) (200.5) (200.5)
Free Cash Flow (526) (1,144) (421) (398) (526) 856 (1,153) (1,037) (1,523) (1,405) (1,067) (1,616) (1,804) (1,740) (1,666) (1,563) (1,452) (1,541) (1,144) (920) (802) (435) (376.5) (376.5)