Automotive — Total cost of revenues (Note 4)
Rivian Automotive, Inc. Automotive — Total cost of revenues (Note 4) increased by 8.0% to $970M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from $830M to $970M. 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.
Analysis
How to read this metric
A decrease relative to revenue signals improved operational efficiency, while an increase may indicate rising supply chain costs or production inefficiencies.
Detailed definition
This metric represents the total direct expenses incurred to manufacture and deliver vehicles, including raw materials,...
Peer comparison
Comparable to 'Cost of Goods Sold' or 'Automotive Cost of Revenue' in the automotive industry.
rivn_segment_automotive_total_cost_of_revenues_note_4Historical Data
| 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 | $830M | $1.26B | $1.27B | $898M | $970M |
| 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% |
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Frequently Asked Questions
- What is Rivian Automotive, Inc.'s automotive — total cost of revenues (note 4)?
- Rivian Automotive, Inc. (RIVN) reported automotive — total cost of revenues (note 4) of $970M in Q1 2026.
- How has Rivian Automotive, Inc.'s automotive — total cost of revenues (note 4) changed year-over-year?
- Rivian Automotive, Inc.'s automotive — total cost of revenues (note 4) 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 (note 4)?
- Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s automotive — total cost of revenues (note 4) has grown at a -3.0% compound annual growth rate (CAGR), from $4.67B to $4.26B.
- What does automotive — total cost of revenues (note 4) mean?
- The total direct costs required to build and deliver vehicles to customers.