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Rivian Automotive, Inc. RIVN Contract Liabilities

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Segments

By product

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Start of Production Milestone Payments$210M0.0%

Other financials

Income statement

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Revenue$1.7B+27.2%
Gross profit$119.0M-42.2%
Operating income-$881.0M-34.5%
Net income-$833.0M+25.4%
EPS (diluted)-$0.63+35.1%

Balance sheet

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Cash & equivalents$2.8B-39.4%
Total debt$5.2B+7.5%
Total equity$4.4B-28.9%
Total assets$14.2B-8.2%

Cash flow

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Operating cash flow-$703.0M-274%
CapEx$372.0M+10.1%
Free cash flow-$1.1B-104%

Valuation

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Market cap$22.53B+59.5%
Enterprise value$24.92B+47.8%
P/S3.8×+1.1×

Profitability

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Gross margin1%
Operating margin-68.9%-6.6pp
Net margin-55%-8.9pp
FCF margin-55%

Returns & leverage

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Return on equity-66%+19.4pp
Debt / equity1.2×+0.4×
Current ratio2.1×-1.6×

Where this comes from

Reported directly by Rivian Automotive, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Rivian Automotive, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001874178-26-000035
Line itemDecember 31, 2025March 31, 2026
Current portion of deferred revenues, lease liabilities, and other liabilities$1,277$1,170
Other non-current liabilities1,066884
Total deferred revenues$2,343$2,054

Item 1. Financial Statements (unaudited)

FAQ

What is Rivian Automotive, Inc.'s contract liabilities?
Rivian Automotive, Inc. (RIVN) reported contract liabilities of $884M 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 $884M.
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 $133M to $1.07B.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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