Rivian Automotive Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	5,835	4,970	4,434	1,658	55	-
Revenue Growth (YoY)	28.21%	12.09%	167.43%	2914.55%	-	-
Cost of Revenue	5,641	6,170	6,464	4,781	520	-
Gross Profit	194	-1,200	-2,030	-3,123	-465	-
Selling, General & Admin	1,989	1,876	1,714	1,789	1,242	255
Research & Development	1,618	1,613	1,995	1,944	1,850	766
Other Operating Expenses	-	-	-	-	663	-
Operating Expenses	3,607	3,489	3,709	3,733	3,755	1,021
Operating Income	-3,413	-4,689	-5,739	-6,856	-4,220	-1,021
Interest Expense	-291	-318	-220	-103	-29	-8
Interest & Investment Income	312	385	522	193	3	10
Other Non Operating Income (Expenses)	-369	-7	6	18	-442	1
EBT Excluding Unusual Items	-3,660	-4,629	-5,431	-6,748	-4,688	-1,018
Other Unusual Items	-82	-112	-	-	-	-
Pretax Income	-3,559	-4,741	-5,431	-6,748	-4,688	-1,018
Income Tax Expense	6	5	1	4	-	-
Earnings From Continuing Operations	-3,565	-4,746	-5,432	-6,752	-4,688	-1,018
Minority Interest in Earnings	-14	-1	-	-	-	-
Net Income	-3,579	-4,747	-5,432	-6,752	-4,688	-1,018
Preferred Dividends & Other Adjustments	-	-	-	-	-	1
Net Income to Common	-3,579	-4,747	-5,432	-6,752	-4,688	-1,019
Shares Outstanding (Basic)	1,143	1,013	947	913	204	101
Shares Outstanding (Diluted)	1,143	1,013	947	913	204	101
Shares Change (YoY)	15.55%	6.97%	3.72%	347.55%	101.98%	3.06%
EPS (Basic)	-3.13	-4.69	-5.74	-7.40	-22.98	-10.09
EPS (Diluted)	-3.14	-4.69	-5.74	-7.40	-22.98	-10.09
Free Cash Flow	-489	-2,857	-5,892	-6,421	-4,416	-1,762
Free Cash Flow Per Share	-0.43	-2.82	-6.22	-7.03	-21.65	-17.45
Gross Margin	3.33%	-24.14%	-45.78%	-188.36%	-	-
Operating Margin	-58.49%	-94.35%	-129.43%	-413.51%	-7672.73%	-
Profit Margin	-61.34%	-95.51%	-122.51%	-407.24%	-8523.64%	-
Free Cash Flow Margin	-8.38%	-57.48%	-132.88%	-387.27%	-8029.09%	-
EBITDA	-2,612	-3,658	-4,802	-6,204	-4,023	-992
EBITDA Margin	-44.76%	-73.60%	-108.30%	-	-	-
D&A For EBITDA	801	1,031	937	652	197	29
EBIT	-3,413	-4,689	-5,739	-6,856	-4,220	-1,021
EBIT Margin	-58.49%	-94.35%	-129.43%	-	-	-
Revenue as Reported	5,835	4,970	4,434	1,658	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.