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Rivian Automotive, Inc. RIVN Software and Services — Gross Profit

Other segment segments

Automotive
-$62M-167%

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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 software and services — gross profit?
Rivian Automotive, Inc. (RIVN) reported software and services — gross profit of $181M in Q1 2026.
How has Rivian Automotive, Inc.'s software and services — gross profit changed year-over-year?
Rivian Automotive, Inc.'s software and services — gross profit increased by 58.8% year-over-year, from $114M to $181M.
What is the long-term trend for Rivian Automotive, Inc.'s software and services — gross profit?
Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s software and services — gross profit has grown at a 274.1% compound annual growth rate (CAGR), from -$11M to $576M.
What does software and services — gross profit mean?
This metric represents the profitability of the software and services business segment after accounting for the direct costs associated with delivering these digital offerings. It reflects the company's ability to monetize its vehicle ecosystem through recurring subscriptions, fleet management tools, and over-the-air software updates. A positive gross profit in this segment indicates that the company is successfully scaling its high-margin digital services relative to the infrastructure costs required to support them.