Rivian Automotive Cash Flow 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
Net Income	-3,579	-4,747	-5,432	-6,752	-4,688	-1,018
Depreciation & Amortization	801	1,031	937	652	197	29
Stock-Based Compensation	705	692	821	987	570	-
Other Operating Activities	19	141	222	1,002	1,215	41
Change in Accounts Receivable	42	-282	-59	-76	-20	11
Change in Inventory	1,026	307	-1,604	-1,657	-369	-
Change in Accounts Payable	255	-572	105	623	461	121
Change in Unearned Revenue	2,049	1,619	149	61	-	-
Change in Other Net Operating Assets	-132	95	-5	108	12	-32
Operating Cash Flow	1,085	-1,716	-4,866	-5,052	-2,622	-848
Capital Expenditures	-1,574	-1,141	-1,026	-1,369	-1,794	-914
Investment in Securities	-1,319	-839	-1,485	-	-	-
Investing Cash Flow	-2,893	-1,980	-2,511	-1,369	-1,794	-914
Long-Term Debt Issued	-	1,000	3,195	-	3,726	-
Net Debt Issued (Repaid)	-	1,000	3,195	-	3,726	-
Issuance of Common Stock	812	64	61	102	16,188	-
Repurchase of Common Stock	-	-	-	-	-	-6
Other Financing Activities	39	72	-126	-3	-86	-
Financing Cash Flow	851	1,136	3,130	99	19,828	2,500
Foreign Exchange Rate Adjustments	2	-3	5	-2	-	-
Net Cash Flow	-955	-2,563	-4,242	-6,324	15,412	738
Free Cash Flow	-489	-2,857	-5,892	-6,421	-4,416	-1,762
Free Cash Flow Margin	-8.38%	-57.48%	-132.88%	-387.27%	-8029.09%	-
Free Cash Flow Per Share	-0.43	-2.82	-6.22	-7.03	-21.65	-17.45
Cash Interest Paid	279	279	169	88	2	4
Levered Free Cash Flow	4	-2,733	-4,332	-4,009	-3,483	-1,157
Unlevered Free Cash Flow	185.88	-2,535	-4,195	-3,945	-3,465	-1,152
Change in Working Capital	3,240	1,167	-1,414	-941	84	100

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