Rivian Automotive, Inc. (RIVN) Stock Analysis
Consumer Cyclical · Auto Manufacturers · NasdaqGS
Rivian Automotive, Inc. (RIVN) posted $5.39B in revenue for fiscal 2025 (up 8.4% year over year), with a net loss of $3.65B, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Rivian Automotive, Inc.
Rivian Automotive, Inc. has grown revenue from $0 to $5.39B over the last 7 fiscal years. The most recent year was up 8.4%.
Net margin sits at -67.7%, up 27.8 points year over year on a 2.7% gross margin. It carries about $4.44B of total debt.
The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Rivian Automotive, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Rivian Automotive, Inc. revenue & earnings — last 7 fiscal years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $55.00M | $1.66B | $4.43B | $4.97B | $5.39B |
| Gross profit | — | — | $-465.00M | $-3.12B | $-2.03B | $-1.20B | $144.00M |
| Net income | $-426.00M | $-1.02B | $-4.69B | $-6.75B | $-5.43B | $-4.75B | $-3.65B |
| Net margin | — | — | -8523.6% | -407.2% | -122.5% | -95.5% | -67.7% |
Source: Rivian Automotive, Inc. SEC filings (10-K).
Rivian Automotive, Inc.: 4 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 25.3% while revenue rose 8.4% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Share count rising (dilution)Shares outstanding grew 37.8% over 4 years (900M → 1240M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $4440M of debt while last year's operating cash flow was negative ($-779M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -67.7%).
Explore 7 years of Rivian Automotive, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Rivian Automotive, Inc. financial history by metric
About Rivian Automotive, Inc.
Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. It operates through two segments, Automotive, and Software and Services. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand; and a three-row, seven-passenger sport utility vehicle under the R1S name. It also provides software and services, such as vehicle electrical architecture and software development, as well as Autonomy+, remarketing, vehicle repair and maintenance services, software subscriptions, vehicle accessories, financing, insurance, and other services. In addition, the company designs, develops, and manufactures the Rivian Adventure Network Direct Current fast chargers; and FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.
Rivian Automotive, Inc. — frequently asked questions
What is Rivian Automotive, Inc.'s revenue?
Rivian Automotive, Inc. (RIVN) reported revenue of $5.39B for fiscal year 2025, up 8.4% from the prior year, according to its SEC filings.
Is Rivian Automotive, Inc. profitable?
No — RIVN reported a net loss of $-3.65B in fiscal 2025.
What is RIVN's P/E ratio?
Rivian Automotive, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How much debt does Rivian Automotive, Inc. have?
As of fiscal year 2025, RIVN carried roughly $4.44B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Rivian Automotive, Inc.'s gross margin?
RIVN's gross margin was 2.7% in fiscal 2025 — gross profit of $144.00M on revenue of $5.39B.
What is Rivian Automotive, Inc.'s market cap?
Rivian Automotive, Inc. (RIVN) has a market capitalization of about $20.45B, based on the latest data in our nightly-refreshed cache.
When does Rivian Automotive, Inc.'s fiscal year end?
RIVN's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Rivian Automotive, Inc.'s official SEC filings (10-K and 10-Q), covering 7 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.