How does Rivian Automotive (RIVN) make money?

Rivian Automotive (RIVN) primarily makes money through Automotive, which accounts for 69% of total revenue. For TTM through Q1 2026, Rivian Automotive generated $5.53B in total revenue with a net profit margin of -63.6%.

What is Rivian Automotive (RIVN) gross profit margin?

Rivian Automotive (RIVN) reported a gross profit margin of -1.7% for TTM through Q1 2026, equivalent to −$95.00M in gross profit. This means Rivian Automotive retains -1.7% of each revenue unit after direct costs of production.

What is Rivian Automotive (RIVN) operating profit margin?

Rivian Automotive (RIVN) reported an operating profit margin of -68.9% for TTM through Q1 2026, equivalent to −$3.81B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Rivian Automotive (RIVN) net profit margin?

Rivian Automotive (RIVN) reported a net profit margin of -63.6% for TTM through Q1 2026, equivalent to −$3.52B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Rivian Automotive (RIVN) invest in R&D?

Rivian Automotive (RIVN) invested $1.71B in research and development in TTM through Q1 2026 (30.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Rivian Automotive (RIVN) spend on capital expenditures?

Rivian Automotive (RIVN) spent $1.71B on capital expenditures in TTM through Q1 2026 (30.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Rivian Automotive (RIVN) free cash flow?

Rivian Automotive (RIVN) generated −$2.49B in free cash flow for TTM through Q1 2026 (-45.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What are Rivian Automotive (RIVN) main revenue segments?

Rivian Automotive (RIVN) reports revenue across 2 reportable product segments, led by Automotive at 69% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

How Rivian Automotive (RIVN) Makes Money: A Visual Guide

Rivian Automotive (RIVN) generated $5.53B in revenue but reported a net loss of $3.52B. Its largest revenue source is Automotive (69% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q1 2026, Rivian Automotive (RIVN) generated revenue across 2 reportable product segments; the largest contributor was Automotive at 69%, followed by Software And Services (31%).

Rivian Automotive (RIVN) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported February 12, 2026).

Rivian Automotive (RIVN) Revenue by Product Segment — TTM through Q1 2026

Automotive
Revenue
$3.82B
% of total
69%
Software And Services
Revenue
$1.71B
% of total
31%
Total
Revenue
$5.53B
% of total
100%

Segment	Revenue	% of total
Automotive	$3.82B	69%
Software And Services	$1.71B	31%
Total	$5.53B	100%

View Rivian Automotive (RIVN) revenue history

Frequently asked questions

How does Rivian Automotive (RIVN) make money?: Rivian Automotive (RIVN) primarily makes money through Automotive, which accounts for 69% of total revenue. For TTM through Q1 2026, Rivian Automotive generated $5.53B in total revenue with a net profit margin of -63.6%.
What is Rivian Automotive (RIVN) gross profit margin?: Rivian Automotive (RIVN) reported a gross profit margin of -1.7% for TTM through Q1 2026, equivalent to −$95.00M in gross profit. This means Rivian Automotive retains -1.7% of each revenue unit after direct costs of production.
What is Rivian Automotive (RIVN) operating profit margin?: Rivian Automotive (RIVN) reported an operating profit margin of -68.9% for TTM through Q1 2026, equivalent to −$3.81B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Rivian Automotive (RIVN) net profit margin?: Rivian Automotive (RIVN) reported a net profit margin of -63.6% for TTM through Q1 2026, equivalent to −$3.52B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Rivian Automotive (RIVN) invest in R&D?: Rivian Automotive (RIVN) invested $1.71B in research and development in TTM through Q1 2026 (30.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Rivian Automotive (RIVN) spend on capital expenditures?: Rivian Automotive (RIVN) spent $1.71B on capital expenditures in TTM through Q1 2026 (30.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Rivian Automotive (RIVN) free cash flow?: Rivian Automotive (RIVN) generated −$2.49B in free cash flow for TTM through Q1 2026 (-45.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What are Rivian Automotive (RIVN) main revenue segments?: Rivian Automotive (RIVN) reports revenue across 2 reportable product segments, led by Automotive at 69% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?: Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?: Based on company filings through TTM through Q1 2026.