Rivian Automotive Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	4,551	4,434	1,658	55	-	-
Revenue Growth (YoY)	20.33%	167.43%	2914.55%	-	-	-
Cost of Revenue	6,527	6,464	4,781	520	-	-
Gross Profit	-1,976	-2,030	-3,123	-465	-	-
Selling, General & Admin	1,868	1,714	1,789	1,242	255	108
Research & Development	1,765	1,995	1,944	1,850	766	301
Other Operating Expenses	-	-	-	663	-	-
Operating Expenses	3,633	3,709	3,733	3,755	1,021	409
Operating Income	-5,609	-5,739	-6,856	-4,220	-1,021	-409
Interest Expense	-310	-220	-103	-29	-8	-34
Interest & Investment Income	433	522	193	3	10	18
Other Non Operating Income (Expenses)	-36	6	18	-442	1	-1
Pretax Income	-5,522	-5,431	-6,748	-4,688	-1,018	-426
Income Tax Expense	2	1	4	-	-	-
Net Income	-5,524	-5,432	-6,752	-4,688	-1,018	-426
Preferred Dividends & Other Adjustments	-	-	-	-	1	-
Net Income to Common	-5,524	-5,432	-6,752	-4,688	-1,019	-426
Shares Outstanding (Basic)	989	947	913	204	101	98
Shares Outstanding (Diluted)	989	947	913	204	101	98
Shares Change (YoY)	5.47%	3.72%	347.55%	101.98%	3.06%	-
EPS (Basic)	-5.59	-5.74	-7.40	-22.98	-10.09	-4.35
EPS (Diluted)	-5.59	-5.74	-7.40	-22.98	-10.09	-4.35
Free Cash Flow	-5,118	-5,892	-6,421	-4,416	-1,762	-552
Free Cash Flow Per Share	-5.17	-6.22	-7.03	-21.65	-17.45	-5.63
Gross Margin	-43.42%	-45.78%	-188.36%	-	-	-
Operating Margin	-123.25%	-129.43%	-413.51%	-7672.73%	-	-
Profit Margin	-121.38%	-122.51%	-407.24%	-8523.64%	-	-
Free Cash Flow Margin	-112.46%	-132.88%	-387.27%	-8029.09%	-	-
EBITDA	-4,526	-4,802	-6,204	-4,023	-992	-402
EBITDA Margin	-99.45%	-108.30%	-	-	-	-
D&A For EBITDA	1,083	937	652	197	29	7
EBIT	-5,609	-5,739	-6,856	-4,220	-1,021	-409
EBIT Margin	-123.25%	-129.43%	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.