Contract Liabilities
Rivian Automotive, Inc. Contract Liabilities decreased by 17.1% to $884.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.1%, from $1.16B to $884.00M. Over 2 years (FY 2023 to FY 2025), Contract Liabilities shows an upward trend with a 183.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $58.00M | $78.00M | $109.00M | $133.00M | $158.00M | $177.00M | $187.00M | $1.29B | $1.16B | $1.23B | $1.28B | $1.07B | $884.00M |
| QoQ Change | — | +34.5% | +39.7% | +22.0% | +18.8% | +12.0% | +5.6% | +588.8% | -9.6% | +5.5% | +4.6% | -17.0% | -17.1% |
| YoY Change | — | — | — | — | +172.4% | +126.9% | +71.6% | +868.4% | +636.7% | +593.8% | +586.6% | -17.2% | -24.1% |
Product Breakdown
| Segment | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|
| Start of Production Milestone Payments | — | $210.00M | $210.00M | $210.00M | $210.00M | $210.00M |
| Financial Milestone Payments | — | $250.00M | $250.00M | $250.00M | — | — |
| License | $1.30B | $1.30B | $1.30B | $1.30B | $1.30B | — |
| Noncash Consideration | $201.00M | $201.00M | $201.00M | $201.00M | — | — |
| Total | $1.29B | $1.16B | $1.23B | $1.28B | $1.07B | $884.00M |
Financial Milestone Payments, License, Noncash Consideration were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Rivian Automotive, Inc.'s contract liabilities?
- Rivian Automotive, Inc. (RIVN) reported contract liabilities of $884.00M in Q1 2026.
- How has Rivian Automotive, Inc.'s contract liabilities changed year-over-year?
- Rivian Automotive, Inc.'s contract liabilities decreased by 24.1% year-over-year, from $1.16B to $884.00M.
- What is the long-term trend for Rivian Automotive, Inc.'s contract liabilities?
- Over 2 years (2023 to 2025), Rivian Automotive, Inc.'s contract liabilities has grown at a 183.1% compound annual growth rate (CAGR), from $133.00M to $1.07B.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.