Rivian Automotive, Inc. (RIVN)
Nasdaq: RIVN · Motor Vehicles & Passenger Car Bodies · Irvine, CA · filing with the SEC since 2021
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Report filed | Feb 12, 2026 | Feb 24, 2025 | Feb 26, 2024 | Feb 28, 2023 | Mar 31, 2022 | · | · |
| Revenue | 5,387 | 4,970 | 4,434 | 1,658 | 55 | 0 | 0 |
| Cost of revenue | 5,243 | 6,170 | 6,464 | 4,781 | 520 | 0 | 0 |
| Gross profit | 144 | -1,200 | -2,030 | -3,123 | -465 | 0 | 0 |
| Research and development | 1,668 | 1,613 | 1,995 | 1,944 | 1,850 | 766 | 301 |
| Selling, general and administrative | 2,061 | 1,876 | 1,714 | 1,789 | 1,242 | 255 | 108 |
| Total operating expenses | 3,729 | 3,489 | 3,709 | 3,733 | 3,755 | 1,021 | 409 |
| Operating income | -3,585 | -4,689 | -5,739 | -6,856 | -4,220 | -1,021 | -409 |
| Interest expense | 274 | 318 | 220 | 103 | 29 | 8 | 34 |
| Interest and investment income | 293 | 385 | 522 | 193 | 3 | 10 | 18 |
| Other income (expense), net | -54 | -7 | 6 | 18 | -1 | 1 | -1 |
| Income before income taxes | -3,620 | -4,741 | -5,431 | -6,748 | -4,688 | -1,018 | -426 |
| Income tax expense | 6 | 5 | 1 | 4 | 0 | 0 | 0 |
| Net income including non-controlling interests | -3,626 | -4,746 | -5,432 | -6,752 | · | · | · |
| Net income to non-controlling interests | 20 | 1 | 0 | 0 | · | · | · |
| Net income | -3,646 | -4,747 | -5,432 | -6,752 | -4,688 | -1,018 | -426 |
| Net income to common shareholders | -3,646 | -4,747 | -5,432 | -6,752 | -4,688 | -1,019 | -426 |
| Earnings per share, basic | -3.07 | -4.69 | -5.74 | -7.40 | -22.98 | -10.09 | -4.35 |
| Earnings per share, diluted | -3.07 | -4.69 | -5.74 | -7.40 | -22.98 | -10.09 | -4.35 |
| Weighted average shares, basic | 1,186 | 1,013 | 947 | 913 | 204 | 101 | 98 |
| Weighted average shares, diluted | 1,186 | 1,013 | 947 | 913 | 204 | 101 | 98 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding