Automotive — Total cost of revenues
Rivian Automotive, Inc. Automotive — Total cost of revenues increased by 8.0% to $970.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from $830.00M to $970.00M. Over 3 years (FY 2022 to FY 2025), Automotive — Total cost of revenues shows relatively stable performance with a -3.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower costs relative to revenue indicate better manufacturing efficiency and improved unit economics.
Detailed definition
This metric tracks the total direct costs associated with the automotive product line, including materials, manufacturin...
Peer comparison
Comparable to product-level cost of goods sold (COGS) metrics across the automotive manufacturing sector.
rivn_segment_automotive_total_cost_of_revenuesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | 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 | $1.17B | $1.17B | $1.17B | $1.17B | $1.54B | $1.54B | $1.54B | $1.54B | $1.61B | $1.52B | $1.16B | $1.41B | $830.00M | $1.26B | $1.27B | $898.00M | $970.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +31.8% | +0.0% | +0.0% | +0.0% | +4.9% | -6.1% | -23.8% | +22.1% | -41.1% | +52.0% | +0.8% | -29.4% | +8.0% |
| YoY Change | — | — | — | — | +31.8% | +31.8% | +31.8% | +31.8% | +4.9% | -1.5% | -24.9% | -8.3% | -48.5% | -16.7% | +10.1% | -36.3% | +16.9% |
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Frequently Asked Questions
- What is Rivian Automotive, Inc.'s automotive — total cost of revenues?
- Rivian Automotive, Inc. (RIVN) reported automotive — total cost of revenues of $970.00M in Q1 2026.
- How has Rivian Automotive, Inc.'s automotive — total cost of revenues changed year-over-year?
- Rivian Automotive, Inc.'s automotive — total cost of revenues increased by 16.9% year-over-year, from $830.00M to $970.00M.
- What is the long-term trend for Rivian Automotive, Inc.'s automotive — total cost of revenues?
- Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s automotive — total cost of revenues has grown at a -3.0% compound annual growth rate (CAGR), from $4.67B to $4.26B.
- What does automotive — total cost of revenues mean?
- The total direct expenses incurred to produce and sell the company's automotive products.