Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Rivian Automotive, Inc. logo

Rivian Automotive, Inc. Income Statement

Revenue, expenses, and profitability over time

Rivian Automotive, Inc. generated $5.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was -$3.5B with a -63.62% net margin. Gross margin stands at 1.03% and operating margin at -68.94%. Diluted EPS is $-2.91, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$5.5BGross Profit (TTM)$57.0MOperating Income (TTM)-$3.8BNet Income (TTM)-$3.5BEps Diluted (TTM)$-2.91
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$20.9B
ROE-65.99%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.68$-0.48$-0.97$-0.96$-0.65$-0.33
Diluted earnings per share$-0.68$-0.48$-0.97$-0.96$-0.65$-0.33
Weighted-average shares, basic1B1.1B1.2B1.2B1.2B1.2B
Weighted-average shares, diluted1B1.1B1.2B1.2B1.2B1.2B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit—$206M-$206M$24M$120M$119M
Operating income-$661M-$655M-$1.1B-$983M-$833M-$881M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$740M-$539M-$1.1B-$1.2B-$801M-$418M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$3M$2M$2M-$1M$3M-$2M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest expense$81M$72M$69M$69M$64M$65M
Interest income$83M$81M$72M$76M$64M$50M
Other income (expense), net—$107M-$2M-$191M—$478M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income-$744M-$545M-$1.1B-$1.2B-$811M-$416M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (Loss) on Convertible Debt-$28M$0$0$0$0—
Other income, net (Note 6)—$107M-$2M-$191M—$478M
Revenue From Contract With Customer Excluding Assessed Tax$1.7B$1.2B$1.3B$1.6B$1.3B$1.4B

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research and development$374M$381M$410M$453M$424M$458M
Selling, general and administrative$457M$480M$498M$554M$529M$542M
Total operating expenses$831M$861M$908M$1B$953M$1B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.6B$1B$1.5B$1.5B$1.2B$1.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.7B$1.2B$1.3B$1.6B$1.3B$1.4B