The financials
Rivian Automotive, Inc. by the numbers
Rivian Automotive, Inc. (RIVN) reported revenue of $1.66B in Q2 2026 (quarter ended June 30, 2026), up 27% from the same quarter a year earlier. That came with a gross margin of 11% and net loss of $833M. For the full year FY2025, revenue was $5.39B (+8.4% year on year) and net income −$3.65B. Its largest product in 2026-Q1 was Vehicles at $850M, 62% of the disclosed total, just ahead of Software And Services at 34%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.66B | $1.30B | +27% |
| Gross profit | $179M | −$206M | to a profit |
| Operating income | −$836M | −$1.11B | n/a |
| Net income | −$833M | −$1.12B | n/a |
| Diluted EPS | −$0.63 | −$0.97 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Vehicles | $850M | 62% |
| Software And Services | $472M | 34% |
| Regulatory Credits | $59M | 4.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.38B (-11%)
Software And Services grew +49% year on yearRegulatory Credits -63% year on year
Segment Latestquarter on quarteryear on year
- Vehicles$850.0M$850.0MQoQ -year on year +11%-+11%
- Software And Services$472.0M$472.0MQoQ -year on year +49%-+49%
- Regulatory Credits$59.0M$59.0MQoQ +5800%year on year -63%+5800%-63%
- Software And Services Excluding Regulatory Credits--QoQ -year on year ---
- Vehicles Excluding Regulatory Credits--QoQ -year on year ---
Auto Manufacturers
Ranks #8 of 12 by Smart Score