Rivian Automotive, Inc. Software and Services — Total cost of revenues (Note 4) increased by 9.0% to $292.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.1%, from $204.00M to $292.00M. Over 3 years (FY 2022 to FY 2025), Software and Services — Total cost of revenues (Note 4) shows an upward trend with a 104.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue may signal inefficient scaling of cloud infrastructure or rising support costs, whereas a decrease relative to revenue suggests improved operational leverage and economies of scale.
This metric captures the total direct expenses incurred to generate revenue within the software and services segment, in...
Comparable to 'Cost of Digital Services' or 'Software COGS' at other technology-enabled automotive manufacturers, where investors look for stable or declining ratios as the user base expands.
rivn_segment_software_and_services_total_cost_of_revenues_note_4| 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 | $28.75M | $28.75M | $28.75M | $28.75M | $78.50M | $78.50M | $78.50M | $78.50M | $118.00M | $94.00M | $111.00M | $154.00M | $204.00M | $247.00M | $262.00M | $268.00M | $292.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +173.0% | +0.0% | +0.0% | +0.0% | +50.3% | -20.3% | +18.1% | +38.7% | +32.5% | +21.1% | +6.1% | +2.3% | +9.0% |
| YoY Change | — | — | — | — | +173.0% | +173.0% | +173.0% | +173.0% | +50.3% | +19.7% | +41.4% | +96.2% | +72.9% | +162.8% | +136.0% | +74.0% | +43.1% |