RIVNNasdaqMotor Vehicles & Passenger Car BodiesFiscal year ends December 31
Rivian Automotive, Inc. / DE
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$12.34−0.08 (-0.64%)
Close on Oct 19, 2026
- Market cap
- $16.35B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
2.7%
Operating margin
-66.5%
Net margin
-67.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.4% | +48.1% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 115.7% | – | |
| Return on assets | – | – | -24.1% | |
| Current ratio | – | 4.94 | 2.33 | |
| Debt to equity | – | -0.05 | – | |
| Net debt to EBITDA | – | 2.96× | -0.31× | |
| Interest coverage | – | -127.6× | -13.1× | |
| Inventory turnover | – | – | 2.7× | |
| Capex to revenue | – | – | 31.7% | |
| Diluted shares | – | 101M | 1.19B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Rivian Automotive, Inc. / DE generated $15.04B from operations and spent $7.04B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$15.04B
Used
$7.04B
Capital expenditure$7.04B100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-122.5%
×Asset turnover0.26×
×Equity multiplier1.51×
=Return on equity, FY2023-47.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -122.5% | 0.26× | 1.51× | -47.4% |
| FY2022 | -407.2% | 0.08× | 1.21× | -40.5% |
| FY2021 | -8523.6% | 0.00× | 1.48× | -51.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$3.65B
- Cash generatingOperating cash flow above zero-$779.00M
- Return on assets improvedROA up on the prior year-28.3% → -23.7%
- Earnings backed by cashOperating cash flow above net income-$779.00M vs -$3.65B
- Less leverageLong-term debt to assets fell28.8% → 29.9%
- Better liquidityCurrent ratio rose4.70 → 2.33
- No dilutionShare count did not rise1.01B → 1.19B
- Gross margin improvedGross margin up on the prior year-24.14% → 2.67%
- More efficientAsset turnover rose0.30 → 0.35