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Rivian Automotive, Inc. RIVN Software and services — 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$24.16B+51.4%
Enterprise value$26.54B+47.8%
P/S4.1×+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 software and services — total revenues (note 3)?
Rivian Automotive, Inc. (RIVN) reported software and services — total revenues (note 3) of $473M in Q1 2026.
How has Rivian Automotive, Inc.'s software and services — total revenues (note 3) changed year-over-year?
Rivian Automotive, Inc.'s software and services — total revenues (note 3) increased by 48.7% year-over-year, from $318M to $473M.
What is the long-term trend for Rivian Automotive, Inc.'s software and services — total revenues (note 3)?
Over 3 years (2022 to 2025), Rivian Automotive, Inc.'s software and services — total revenues (note 3) has grown at a 146.5% compound annual growth rate (CAGR), from $104M to $1.56B.
What does software and services — total revenues (note 3) mean?
This metric represents the total gross revenue generated from software-enabled features, digital services, and connected vehicle subscriptions. It reflects the company's ability to monetize the vehicle ecosystem beyond the initial hardware sale through recurring or value-added digital offerings.