Operating Expenses

R&D

Rivian Automotive, Inc. R&D increased by 8.0% to $458.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.2%, from $381.00M to $458.00M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a -2.6% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$394.00M$441.00M$726.00M$547.00M$543.00M$452.00M$402.00M$496.00M$444.00M$529.00M$526.00M$461.00M$428.00M$350.00M$374.00M$381.00M$410.00M$453.00M$424.00M$458.00M
QoQ Change+11.9%+64.6%-24.7%-0.7%-16.8%-11.1%+23.4%-10.5%+19.1%-0.6%-12.4%-7.2%-18.2%+6.9%+1.9%+7.6%+10.5%-6.4%+8.0%
YoY Change+37.8%+2.5%-44.6%-9.3%-18.2%+17.0%+30.8%-7.1%-3.6%-33.8%-28.9%-17.4%-4.2%+29.4%+13.4%+20.2%
Range$350.00M$726.00M
CAGR+3.2%
Avg YoY Growth-1.0%
Median YoY Growth-3.9%

Frequently Asked Questions

What is Rivian Automotive, Inc.'s r&d?
Rivian Automotive, Inc. (RIVN) reported r&d of $458.00M in Q1 2026.
How has Rivian Automotive, Inc.'s r&d changed year-over-year?
Rivian Automotive, Inc.'s r&d increased by 20.2% year-over-year, from $381.00M to $458.00M.
What is the long-term trend for Rivian Automotive, Inc.'s r&d?
Over 4 years (2021 to 2025), Rivian Automotive, Inc.'s r&d has grown at a -2.6% compound annual growth rate (CAGR), from $1.85B to $1.67B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.