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Rivian Automotive, Inc. RIVN Regulatory credits — Total revenues (Note 3)

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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$23.64B+51.4%
Enterprise value$26.02B+47.8%
P/S+1.0×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 regulatory credits — total revenues (note 3)?
Rivian Automotive, Inc. (RIVN) reported regulatory credits — total revenues (note 3) of $59M in Q1 2026.
How has Rivian Automotive, Inc.'s regulatory credits — total revenues (note 3) changed year-over-year?
Rivian Automotive, Inc.'s regulatory credits — total revenues (note 3) decreased by 62.9% year-over-year, from $159M to $59M.
What does regulatory credits — total revenues (note 3) mean?
This metric represents the revenue generated from the sale of regulatory credits earned by meeting specific environmental and emissions standards set by government agencies. These credits are typically sold to other automotive manufacturers that have not met their own emissions compliance requirements. It serves as a non-core revenue stream that reflects the company's efficiency in exceeding regulatory mandates.