Rivian Automotive, Inc. Automotive — Total cost of revenues (Note 4) 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 (Note 4) shows relatively stable performance with a -3.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue signals improved operational efficiency, while an increase may indicate rising supply chain costs or production inefficiencies.
This metric represents the total direct expenses incurred to manufacture and deliver vehicles, including raw materials,...
Comparable to 'Cost of Goods Sold' or 'Automotive Cost of Revenue' in the automotive industry.
rivn_segment_automotive_total_cost_of_revenues_note_4| 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% |