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Rivian Automotive, Inc. RIVN Software and Services — Total cost of revenues (Note 4)

Other segment segments

Automotive
$970M+16.9%

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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:CostOfGoodsAndServicesSold.

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 — total cost of revenues (note 4)?
Rivian Automotive, Inc. (RIVN) reported software and services — total cost of revenues (note 4) of $292M in Q1 2026.
How has Rivian Automotive, Inc.'s software and services — total cost of revenues (note 4) changed year-over-year?
Rivian Automotive, Inc.'s software and services — total cost of revenues (note 4) increased by 43.1% year-over-year, from $204M to $292M.
What is the long-term trend for Rivian Automotive, Inc.'s software and services — total cost of revenues (note 4)?
Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s software and services — total cost of revenues (note 4) has grown at a 104.3% compound annual growth rate (CAGR), from $115M to $981M.
What does software and services — total cost of revenues (note 4) mean?
This metric captures the total direct expenses incurred to generate revenue within the software and services segment, including cloud infrastructure costs, customer support for digital features, and software development maintenance. It serves as a measure of the operational intensity required to maintain and deploy the company's proprietary vehicle software and connected services. Monitoring this cost helps investors understand the scalability of the digital ecosystem as the active vehicle fleet grows.