Company Analysis

Rivian Automotive, Inc. (RIVN)

Nasdaq: RIVN · Motor Vehicles & Passenger Car Bodies · Irvine, CA · filing with the SEC since 2021
Grade5.2
◀ Past 6.2● Present 4.4▶ Future 5.4
1 est.

The grade of Rivian Automotive, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past6.230% of the headline
● Present4.440% of the headline
▶ Future5.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 33% of this tense · 70th percentile among 28 sector filers · read for itself

From the record

Rivian Automotive, Inc.'s filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.1/10

What has it actually done, year after year?

7 filed years; profitable in 0 of 7.

weight 45% of this tense · 71st percentile among 27 sector filers · read for its customers

From the record

Rivian Automotive, Inc.'s 7 filed years say what it did: it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 6% of its family
  • the share of filed years with a profitbottom 24% of its family
  • the deepest fall from a revenue peak0.0%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.1/10

How has it treated the people who own it?

SI estimate 3.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 31st percentile among 27 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 31% of 27 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 27 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Rivian Automotive, Inc.'s shareholder treatment is put at 3.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 31% of 27 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.4/10

Is it financially healthy right now?

ROE -79%: lost 79¢ per shareholder dollar. Leverage 69%: owes 69¢ per asset dollar.

weight 45% of this tense · 34th percentile among 28 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rivian Automotive, Inc. lost about 79 cents for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 69 cents per dollar of assets, and net share issuance: its share count grew 17.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 45% of its family
  • return on equitybottom 25% of its family
  • gross profit against assetsbottom 35% of its family
  • the share count against the year beforebottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 27 in its family; net margin -67.7%.

weight 33% of this tense · 66th percentile among 27 sector filers · read for its customers

From the record

Rivian Automotive, Inc.'s standing among 27 graded names in its industry family: revenue of $5.4 billion in fiscal 2025 ranks in the top 31% by size; a net margin of -67.7% ranks in the bottom 39%; revenue growth of 48.1% a year over the last 3 filed years ranks in the top 10% (its annual reports).

What it rests on

  • revenue against the family$5.39Btop 31% of its family
  • net margin-67.7%bottom 39% of its family
  • three-year revenue growth48.1%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.0/10

What are the people in charge doing?

bottom 30% of 10 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 30th percentile among 10 sector filers · read for its shareholders

From the record

Rivian Automotive, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Scaringe, Robert J (Chief Executive Officer, as filed), filing under that title since 2021-11-09, 5 years (bottom 31% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 5 years (bottom 35%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peoplebottom 23% of its family
  • the median years the people in charge have filed5.0 yearsbottom 35% of its family
  • the chief executive's years on the record5.0 yearsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.9/10

How much room does it have to grow?

bottom 49% of 26 in its family for room to expand.

weight 45% of this tense · 49th percentile among 26 sector filers · read for itself

From the record

Rivian Automotive, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3.6 billion against debt of $4.4 billion leaves -5.8% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is -46.2% of revenue (bottom 40%); a gross margin of 2.7% (bottom 35%); research spending of 31% of revenue (top 19%) (its annual report).

What it rests on

  • cash less debt against assets-5.8%bottom 39% of its family
  • cash from operations less capital spending against revenue-46.2%bottom 40% of its family
  • gross margin2.7%bottom 35% of its family
  • research spending against revenue31.0%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.9/10

What could actually drive growth from here?

top 41% of 27 in its family for growth drivers.

weight 33% of this tense · 59th percentile among 27 sector filers · read for its customers

From the record

Rivian Automotive, Inc.'s growth drivers, from the filed years to fiscal 2025: the newest year grew 8.4% (top 28%); research spending grew -5% a year (bottom 37%); capital spending grew 7.7% a year (top 33%) (its annual reports). Rivian Automotive, Inc. reported 2 lines of business in fiscal 2025: Automotive at $3.8 billion (71%), Software and Services at $1.6 billion (29%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • the newest year's revenue growth8.4%top 28% of its family
  • three-year growth of research spending-5.0%bottom 37% of its family
  • three-year growth of capital spending7.7%top 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 41% of 26 in its family for expectations against reality.

weight 22% of this tense · 59th percentile among 26 sector filers · read for its shareholders

From the record

Rivian Automotive, Inc.'s newest year against its own record: revenue of $5.4 billion in fiscal 2025 came in 37.4% below the $8.6 billion its prior three years' pace pointed to (bottom 14% of its family); net income of $3.6 billion against a prior three-year average of $5.6 billion (top 21%); a net margin of -67.7% against losses larger than its revenue before (top 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-37.4%bottom 14% of its family
  • net income against the prior three years' average+35%top 21% of its family
  • net margin against its prior averageup more than 100 pointstop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RIVN · research, not advice