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FY'25FY'24FY'23
Total cost of revenues (Note 4) by Business
Automotive$4.26B-25.1%$5.69B-7.4%$6.15B+31.8%
Software and Services$981M+106%$477M+51.9%$314M+173%
Gross Profit by Business
Automotive-$432M+67.2%-$1.32B+34.7%-$2.02B+35.2%
Software and Services$576M+8,129%$7M+158%-$12M-9.1%
Total revenues (Note 3) by Product
Automotive$3.83B-14.6%$4.49B+8.6%$4.13B+166%
New electric vehicles$3.64B-12.5%$4.16B+2.5%$4.06B+161%
Regulatory credits$197M-40.8%$333M+356%$73M
Software and services$1.56B+222%$484M+60.3%$302M+190%
Total cost of revenues by Product
Automotive$4.26B-25.1%$5.69B-7.4%$6.15B+31.8%
Software and services$981M+106%$477M+51.9%$314M+173%
Capital shares reserved for future issuance by Product
Start of Production Milestone Payments$250M0.0%$250M
Testing Milestone Payments$1B0.0%$1B

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Questions, answered.

How does Rivian Automotive, Inc. break its business down?
Rivian Automotive, Inc. (RIVN) reports total cost of revenues (note 4) by business across 2 parts — Automotive and Software and Services. Each is extracted from the segment footnotes and tracked over time.
Where does Rivian Automotive, Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in Rivian Automotive, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.