Rivian Automotive Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-3,626	-4,746	-5,432	-6,752	-4,688
Depreciation & Amortization	784	1,031	937	652	197
Stock-Based Compensation	741	692	821	987	570
Other Adjustments	-118	140	222	1,002	1,215
Change in Receivables	-112	-282	-59	-76	-20
Changes in Inventories	522	307	-1,604	-1,657	-369
Changes in Accounts Payable	571	-572	105	623	461
Changes in Unearned Revenue	503	1,619	149	61	-
Changes in Other Operating Activities	-44	95	-5	108	12
Operating Cash Flow	-779	-1,716	-4,866	-5,052	-2,622
Capital Expenditures	-1,710	-1,141	-1,026	-1,369	-1,794
Purchases of Investments	-3,206	-4,392	-2,410	-	-
Proceeds from Sale of Investments	3,088	3,553	925	-	-
Investing Cash Flow	-1,828	-1,980	-2,511	-1,369	-1,794
Long-Term Debt Issued	1,250	1,000	3,195	-	3,726
Long-Term Debt Repaid	-1,250	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-	1,000	3,195	-	3,726
Issuance of Common Stock	811	62	60	102	16,188
Net Common Stock Issued (Repurchased)	811	62	60	102	16,188
Other Financing Activities	112	74	-125	-3	-86
Financing Cash Flow	886	1,136	3,130	99	19,828
Effect of Exchange Rate Changes on Cash and Cash Equivalents	6	-3	5	-2	-
Net Cash Flow	-1,715	-2,563	-4,242	-6,324	15,412
Free Cash Flow	-2,489	-2,857	-5,892	-6,421	-4,416
FCF Margin	-46.20%	-57.48%	-132.88%	-387.27%	-8029.09%
Free Cash Flow Per Share	-2.10	-2.82	-6.22	-7.03	-21.65
Levered Free Cash Flow	-3,020	-2,408	-3,681	-8,334	-2,455
Unlevered Free Cash Flow	-2,965	-3,355	-7,184	-8,442	-5,713

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.