US electric-vehicle maker producing electric pickup trucks, SUVs and commercial delivery vans (for Amazon), building toward a lower-cost mass-market model (R2).
US electric-vehicle maker producing electric pickup trucks, SUVs and commercial delivery vans (for Amazon), building toward a lower-cost mass-market model (R2).
Sells vehicles directly to buyers online and through its own stores, without dealers, and supplies delivery vans mainly to Amazon, an early investor. A joint venture with Volkswagen, started in 2024, brings development revenue from licensing Rivian's software and electrical architecture. It builds in Illinois, with a second factory planned in Georgia.
Moat: none (brand, IP / patents). Differentiated adventure-focused EV brand and in-house software/electrical architecture, but not yet profitable at scale.
Headquarters: Irvine, California, USA · Founded: 2009 · Employees: 15,232
Size Rivian Automotive (RIVN) is a United States Consumer Discretionary company (Motor Vehicles) with a market value of $19.9B, the 497th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.61 on 6 Nov 2026.
Performance Over six months the shares fell 4.3%, against -1.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 11.1% over the last twelve months (peer median +8.0%); the operating margin is -53.0% (peer median 5.8%).
Valuation It trades at 3.1× enterprise value to sales against a peer median of 0.6× (4th most expensive of 21).
Capital Return on invested capital runs 59.2 points below its cost of capital (11.4% WACC).
Credit Rivian Automotive has 2 bonds outstanding ($3.23B).
Short interest Short interest is 11.4% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.48B | $5.39B | $4.97B | $4.43B | $1.66B |
| Revenue growth | — | +8% | +12% | +167% | — |
| Gross profit | $261M | -$149M | -$1.49B | -$2.31B | -$3.30B |
| EBITDA | -$2.57B | -$2.80B | -$3.66B | -$4.80B | -$6.20B |
| Net income | -$2.97B | -$3.65B | -$4.75B | -$5.43B | -$6.75B |
| Free cash flow | -$4.19B | -$2.49B | -$2.86B | -$5.89B | -$6.42B |
| Capital expenditure | $1.56B | $1.71B | $1.14B | $1.03B | $1.37B |
| Total debt | $5.43B | $5.20B | $5.00B | $4.92B | $1.61B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Rivian Automotive RIVN | $19.9B | -4% | +11% | -53% | 3.1× | n/a |
| Tesla TSLA | $1.42T | -16% | +8% | 4% | 13.4× | n/a |
| Ford Motor F | $48.8B | +2% | -1% | 2% | 1.0× | 25.6% |
| Lucid LCID | $1.30B | -48% | +67% | -259% | 4.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RIVN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.0% | +3.0% | 4th lowest of 21 |
| 6-month return | -4.3% | -1.3% | 10th lowest of 21 |
| Distance from 52-week high | -40.0% | -21.4% | 7th lowest of 21 |
| Revenue growth (TTM) | +11.1% | +8.0% | 9th highest of 20 |
| Operating margin | -53.0% | 5.8% | lowest of 21 |
| EV / Sales | 3.1× | 0.6× | 4th most expensive of 21 |
| ROIC minus cost of capital | -59.2 pp | +1.7 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rivian Automotive RIVN | United States | $19.9B | -4% | +11% | -53% | 3.1× | n/a | n/a |
| Geely Auto 0175.HK | Hong Kong | $20.1B | -34% | +27% | 4% | 0.4× | -9.3% | +29.3% |
| Traton 8TRA.DE | Germany | $18.9B | +2% | +1% | 6% | 1.0× | n/a | n/a |
| Hyundai Motor India HYUNDAI.NS | India | $18.3B | +16% | +8% | 7% | 2.2× | 26.6% | +11.8% |
| SAIC Motor 600104.SS | China | $17.8B | -24% | -3% | 2% | 0.3× | -14.7% | -2.4% |
| Chery Automobile 9973.HK | Hong Kong | $17.8B | -22% | +11% | 5% | 0.0× | n/a | n/a |
| Eicher Motors EICHERMOT.NS | India | $22.3B | +5% | +28% | 21% | 8.4× | 36.0% | +21.8% |
| TVS Motor TVSMOTOR.NS | India | $22.6B | +21% | +34% | 12% | 3.8× | n/a | n/a |
| Stellantis STLAP.PA | France | $17.0B | -40% | -2% | -14% | 0.3× | n/a | n/a |
| Tata Motors TMCV.NS | India | $16.6B | -2% | n/a | 9% | 1.6× | 17.8% | n/a |
| Great Wall Motor 2333.HK | Hong Kong | $15.7B | -48% | +13% | 2% | 0.5× | -5.1% | +15.6% |
| Suzuki Motor 7269.T | Japan | $27.3B | +26% | +14% | 9% | 0.7× | -0.8% | +14.6% |
| Kia 000270.KS | South Korea | $28.3B | -34% | +8% | 7% | 0.3× | -12.9% | +14.0% |
| Bajaj Auto BAJAJ-AUTO.NS | India | $31.7B | +3% | +48% | 19% | 3.9× | 27.3% | +17.4% |
| Li Auto-w 2015.HK | Hong Kong | $12.4B | -32% | -24% | -7% | 0.3× | n/a | n/a |
| Subaru 7270.T | Japan | $12.3B | +16% | 0% | 3% | 0.3× | 2.7% | +11.1% |
| Hero Motocorp HEROMOTOCO.NS | India | $11.7B | +3% | +27% | 12% | 1.9× | 14.1% | +9.2% |
| Shimano 7309.T | Japan | $11.5B | +29% | +5% | 12% | 2.8× | 6.0% | +4.3% |
| Tata Motors Passenger Vehicles TMPV.NS | India | $11.4B | -19% | -22% | 0% | 0.3× | n/a | n/a |
| Seres 9927.HK | Hong Kong | $11.4B | -54% | -2% | -4% | 0.5× | n/a | n/a |
| Daimler Truck DTG.DE | Germany | $34.7B | -1% | -14% | 5% | 1.1× | 9.8% | +4.8% |
Rivian Automotive has 2 bonds outstanding with $3.23B face value.