Rivian Automotive Quarterly Income Statement
NASDAQ: RIVNIndustrialsAuto ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Rivian Automotive revenue and earnings
In the quarter ended Jun 30, 2026, Rivian Automotive generated $1.66 billion in revenue, up 27.2% from the same quarter a year earlier. Rivian Automotive reported a net loss of $833.0 million, compared with a loss of $1.12 billion a year earlier. Gross margin was 10.8% (up from -15.8%) and operating margin -50.4%.
Diluted earnings per share came in at -$0.63.
Summary generated from market data by MetaCap's automated system. Methodology
Rivian Automotive income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.66B | 1.38B | 1.29B | 1.56B | 1.30B | 1.24B | 1.73B | 874.00M | 1.16B | 1.20B | 1.31B | 1.34B |
| Revenue growth (YoY) | +27.24% | +11.37% | -25.84% | +78.26% | +12.52% | +2.99% | +31.86% | -34.63% | +3.30% | +82.15% | +98.34% | +149.44% |
| Cost of Revenue | 1.48B | 1.26B | 1.17B | 1.53B | 1.51B | 1.03B | 1.56B | 1.27B | 1.61B | 1.73B | 1.92B | 1.81B |
| Gross Profit | 179.00M | 119.00M | 120.00M | 24.00M | -206.00M | 206.00M | 170.00M | -392.00M | -451.00M | -527.00M | -606.00M | -477.00M |
| Operating Expenses | 1.01B | 1.00B | 953.00M | 1.01B | 908.00M | 861.00M | 831.00M | 777.00M | 924.00M | 957.00M | 975.00M | 963.00M |
| Research & Development | 466.00M | 458.00M | 424.00M | 453.00M | 410.00M | 381.00M | 374.00M | 350.00M | 428.00M | 461.00M | 526.00M | 529.00M |
| Selling, General & Admin | 549.00M | 542.00M | 529.00M | 554.00M | 498.00M | 480.00M | 457.00M | 427.00M | 496.00M | 496.00M | 449.00M | 434.00M |
| Operating Income | -836.00M | -881.00M | -833.00M | -983.00M | -1.11B | -655.00M | -661.00M | -1.17B | -1.38B | -1.48B | -1.58B | -1.44B |
| Interest Expense | 68.00M | 65.00M | 64.00M | 69.00M | 69.00M | 72.00M | 81.00M | 87.00M | 75.00M | 75.00M | 73.00M | 55.00M |
| Other Income (Expense) | 18.00M | 478.00M | 32.00M | -191.00M | -2.00M | 107.00M | 1.00M | 1.00M | -11.00M | 2.00M | 2.00M | 2.00M |
| Pretax Income | -838.00M | -418.00M | -801.00M | -1.17B | -1.11B | -539.00M | -740.00M | -1.10B | -1.46B | -1.45B | -1.52B | -1.37B |
| Income Tax | -1.00M | -2.00M | 3.00M | -1.00M | 2.00M | 2.00M | 3.00M | 0 | 1.00M | 1.00M | 0 | 0 |
| Net Income | -833.00M | -416.00M | -811.00M | -1.17B | -1.12B | -545.00M | -744.00M | -1.10B | -1.46B | -1.45B | -1.52B | -1.37B |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | -0.63 | -0.33 | -0.66 | -0.96 | -0.97 | -0.48 | -0.67 | -1.08 | -1.46 | -1.48 | -1.58 | -1.44 |
| EPS (Diluted) | -0.63 | -0.33 | -0.66 | -0.96 | -0.97 | -0.48 | -0.67 | -1.08 | -1.46 | -1.48 | -1.58 | -1.44 |
| Shares Outstanding (Basic) | 1.32B | 1.25B | — | 1.22B | 1.16B | 1.14B | — | 1.01B | 1.00B | 978.00M | — | 952.00M |
| Shares Outstanding (Diluted) | 1.32B | 1.25B | — | 1.22B | 1.16B | 1.14B | — | 1.01B | 1.00B | 978.00M | — | 952.00M |
| EBITDA | -599.00M | -687.00M | -632.00M | -796.00M | -918.00M | -455.00M | -443.00M | -910.00M | -1.10B | -1.20B | -1.31B | -1.18B |
| Gross Margin | 10.80% | 8.62% | 9.33% | 1.54% | -15.81% | 16.61% | 9.80% | -44.85% | -38.95% | -43.77% | -46.08% | -35.68% |
| Operating Margin | -50.42% | -63.79% | -64.77% | -63.09% | -85.50% | -52.82% | -38.12% | -133.75% | -118.74% | -123.26% | -120.23% | -107.70% |
| Net Margin | -50.24% | -30.12% | -63.06% | -75.29% | -85.73% | -43.95% | -42.91% | -125.86% | -125.82% | -120.10% | -115.67% | -102.24% |
This table shows 12 quarterly periods of Rivian Automotive's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow RIVN's reporting calendar. What is a income statement?