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Rivian Automotive, Inc. RIVN Automotive — Total cost of revenues

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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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended March 31, 20252026
Automotive$922$908
Software and services318473
Total revenues (Note 3)1,2401,381
Automotive830970
Software and services204292
Total cost of revenues1,0341,262
Gross profit206119
Operating expenses

Item 1. Financial Statements (unaudited)

FAQ

What is Rivian Automotive, Inc.'s automotive — total cost of revenues?
Rivian Automotive, Inc. (RIVN) reported automotive — total cost of revenues of $970M 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 $830M to $970M.
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?
This metric tracks the total direct costs associated with the automotive product line, including materials, manufacturing labor, and logistics. It is used to evaluate the unit economics and production cost profile of the company's vehicle offerings. Tracking this metric is essential for assessing the path toward sustainable product-level profitability.

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