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Rivian Automotive, Inc. RIVN Automotive — Gross Profit

Other segment segments

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$181M+58.8%

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Other financials

Income statement

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Revenue$1.4B+11.4%
Gross profit$119.0M-42.2%
Operating income-$881.0M-34.5%
Net income-$416.0M+23.7%
EPS (diluted)-$0.33+31.2%

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$25.05B+59.3%
Enterprise value$27.44B+73.5%
P/S4.5×+1.5×

Profitability

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Gross margin1%
Operating margin-68.9%-6.6pp
Net margin-63.6%-9.3pp
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:GrossProfit.

The official record: Rivian Automotive, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rivian Automotive, Inc.'s automotive — gross profit?
Rivian Automotive, Inc. (RIVN) reported automotive — gross profit of -$62M in Q1 2026.
How has Rivian Automotive, Inc.'s automotive — gross profit changed year-over-year?
Rivian Automotive, Inc.'s automotive — gross profit decreased by 167.4% year-over-year, from $92M to -$62M.
What is the long-term trend for Rivian Automotive, Inc.'s automotive — gross profit?
Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s automotive — gross profit has grown at a -48.2% compound annual growth rate (CAGR), from -$3.11B to -$432M.
What does automotive — gross profit mean?
This metric represents the earnings generated by the automotive segment after deducting the direct costs associated with producing and delivering vehicles. It serves as a critical indicator of manufacturing efficiency and the ability to achieve economies of scale as production volumes increase. A negative value indicates that the cost to produce vehicles currently exceeds the revenue generated from their sale.