Financial Statements — RIVN
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Cash & Equivalents | 3.59 | 2.85 | 4.44 | 4.81 | 4.69 | 5.40 | 5.76 | 5.98 | 7.94 | 9.26 | 11.24 | 13.27 | 14.92 | 16.43 | 5.16 |
| Short-term Investments | 1.72 | 1.99 | 2.65 | 2.70 | 2.49 | 1.34 | 2.10 | 1.88 | 1.19 | 0.94 | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.37 | 0.34 | 0.20 | 0.25 | 0.41 | 0.22 | 0.25 | 0.39 | 0.24 | 0.34 | 0.16 | 0.11 | 0.06 | 0.02 | -- |
| Inventory | 1.66 | 1.54 | 1.64 | 2.10 | 2.59 | 2.68 | 2.58 | 2.80 | 2.53 | 2.16 | 1.82 | 0.95 | 0.66 | 0.49 | 0.13 |
| Total Current Assets | 7.62 | 7.05 | 9.28 | 10.12 | 10.39 | 9.84 | 10.96 | 11.31 | 12.09 | 12.86 | 13.35 | 14.42 | 15.73 | 17.05 | 5.35 |
| Property, Plant & Equipment | 5.56 | 5.43 | 4.84 | 4.42 | 4.10 | 3.82 | 3.80 | 3.83 | 3.81 | 3.86 | 3.83 | 3.67 | 3.53 | 3.40 | 2.86 |
| Total Non-current Assets* | 7.52 | 7.19 | 5.94 | 5.48 | 5.11 | 4.43 | 4.40 | 4.42 | 4.37 | 4.37 | 4.84 | 4.60 | 4.44 | 4.25 | 3.14 |
| Total Assets | 15.14 | 14.23 | 15.22 | 15.60 | 15.51 | 14.26 | 15.35 | 15.73 | 16.46 | 17.23 | 18.19 | 19.02 | 20.17 | 21.30 | 8.49 |
| Accounts Payable | 0.89 | 0.75 | 0.55 | 0.49 | 0.71 | 0.62 | 0.77 | 1.02 | 1.13 | 1.01 | 0.98 | 0.83 | 0.73 | 0.57 | 0.42 |
| Total Current Liabilities | 3.62 | 3.35 | 3.43 | 2.94 | 2.79 | 1.93 | 2.09 | 2.40 | 2.62 | 2.27 | 2.27 | 2.11 | 1.75 | 1.52 | 1.05 |
| Long-term Debt | 4.44 | 4.44 | 4.44 | 4.44 | 4.44 | 5.47 | 5.53 | 4.43 | 2.72 | 2.72 | 2.72 | 1.23 | 1.23 | 1.23 | -- |
| Total Non-current Liabilities* | 6.39 | 6.45 | 6.71 | 6.58 | 6.49 | 6.43 | 6.45 | 5.26 | 3.28 | 3.24 | 3.18 | 1.58 | 1.55 | 1.51 | 3.15 |
| Total Liabilities | 10.01 | 9.80 | 10.13 | 9.52 | 9.28 | 8.36 | 8.54 | 7.67 | 5.90 | 5.51 | 5.45 | 3.69 | 3.30 | 3.04 | 4.20 |
| Retained Earnings | (28.20) | (27.37) | (26.14) | (24.97) | (23.85) | (22.56) | (21.46) | (20.00) | (17.04) | (15.67) | (14.47) | (11.40) | (9.68) | (7.97) | (3.91) |
| Total Stockholder Equity* | 5.13 | 4.43 | 5.08 | 6.08 | 6.23 | 5.90 | 6.82 | 8.07 | 10.55 | 11.71 | 12.74 | 15.34 | 16.87 | 18.26 | (3.61) |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.66 | 1.38 | 1.29 | 1.56 | 1.30 | 1.24 | 1.73 | 0.87 | 1.16 | 1.20 | 1.32 | 1.34 | 1.12 | 0.66 | 0.66 | 0.54 | 0.36 | 0.10 | 0.05 | 0.00 |
| Cost of Revenue | 1.48 | 1.26 | 1.17 | 1.53 | 1.51 | 1.03 | 1.56 | 1.27 | 1.61 | 1.73 | 1.92 | 1.81 | 1.53 | 1.20 | 1.66 | 1.45 | 1.07 | 0.60 | 0.44 | 0.08 |
| Gross Profit | 0.18 | 0.12 | 0.12 | 0.02 | (0.21) | 0.21 | 0.17 | (0.39) | (0.45) | (0.53) | (0.61) | (0.48) | (0.41) | (0.53) | (1.00) | (0.92) | (0.70) | (0.50) | (0.38) | (0.08) |
| Research & Development | 0.47 | 0.46 | 0.42 | 0.45 | 0.41 | 0.38 | 0.37 | 0.35 | 0.43 | 0.46 | 0.53 | 0.53 | 0.44 | 0.50 | 0.40 | 0.45 | 0.54 | 0.55 | 0.73 | 0.44 |
| Selling, General & Admin | 0.55 | 0.54 | 0.53 | 0.55 | 0.50 | 0.48 | 0.46 | 0.43 | 0.50 | 0.50 | 0.45 | 0.43 | 0.43 | 0.40 | 0.39 | 0.41 | 0.46 | 0.53 | 0.68 | 0.25 |
| Total Operating Expenses | 1.01 | 1.00 | 0.95 | 1.01 | 0.91 | 0.86 | 0.83 | 0.78 | 0.92 | 0.96 | 0.98 | 0.96 | 0.87 | 0.90 | 0.80 | 0.86 | 1.00 | 1.08 | 2.07 | 0.69 |
| Operating Income | (0.84) | (0.88) | (0.83) | (0.98) | (1.11) | (0.65) | (0.66) | (1.17) | (1.37) | (1.48) | (1.58) | (1.44) | (1.28) | (1.43) | (1.79) | (1.77) | (1.71) | (1.58) | (2.45) | (0.78) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.08 | 0.07 | 0.06 | 0.05 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Pretax Income | (0.84) | (0.42) | (0.80) | (1.17) | (1.11) | (0.54) | (0.74) | (1.10) | (1.46) | (1.44) | (1.52) | (1.37) | (1.19) | (1.35) | (1.72) | (1.72) | (1.71) | (1.59) | (2.46) | (1.23) |
| Tax Provision | -0.00 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (0.83) | (0.42) | (0.81) | (1.17) | (1.12) | (0.55) | (0.74) | (1.10) | (1.46) | (1.45) | (1.52) | (1.37) | (1.19) | (1.35) | (1.72) | (1.72) | (1.71) | (1.59) | (2.46) | (1.23) |
| Basic EPS | (0.63) | (0.33) | (0.66) | (0.96) | (0.97) | (0.48) | (0.67) | (1.08) | (1.46) | (1.48) | (1.58) | (1.44) | (1.27) | (1.45) | (1.86) | (1.88) | (1.89) | (1.77) | (0.93) | (12.21) |
| Diluted EPS | (0.63) | (0.33) | (0.66) | (0.96) | (0.97) | (0.48) | (0.67) | (1.08) | (1.46) | (1.48) | (1.58) | (1.44) | (1.27) | (1.45) | (1.86) | (1.88) | (1.89) | (1.77) | (0.93) | (12.21) |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (0.49) | (0.70) | (0.68) | 0.03 | 0.06 | (0.19) | 1.18 | (0.88) | (0.75) | (1.27) | (1.11) | (0.88) | (1.36) | (1.52) | (1.45) | (1.37) | (1.20) | (1.03) | (1.09) | (1.54) |
| Capital Expenditures | 0.36 | 0.37 | 0.46 | 0.45 | 0.46 | 0.34 | 0.33 | 0.28 | 0.28 | 0.25 | 0.30 | 0.19 | 0.26 | 0.28 | 0.29 | 0.30 | 0.36 | 0.42 | 0.46 | 1.34 |
| Free Cash Flow* | (0.85) | (1.07) | (1.14) | (0.42) | (0.40) | (0.53) | 0.86 | (1.15) | (1.04) | (1.52) | (1.40) | (1.07) | (1.62) | (1.80) | (1.74) | (1.67) | (1.56) | (1.45) | (1.54) | (2.87) |
| Investing Cash Flow | (0.10) | (0.02) | (0.32) | (0.39) | (0.71) | (0.41) | (1.39) | 0.50 | (0.49) | (0.61) | (0.60) | (0.43) | (1.19) | (0.28) | (0.29) | (0.30) | (0.36) | (0.42) | (0.46) | (1.34) |
| Financing Cash Flow | 1.33 | -0.00 | 0.14 | -0.00 | 0.76 | (0.01) | 0.10 | 0.00 | 1.03 | -0.00 | 1.62 | (0.01) | 0.03 | 1.49 | 0.04 | 0.01 | 0.06 | 0.00 | 14.76 | 5.07 |
* Derived from reported values
