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Below are the financial statements of Rivian Automotive, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Rivian Automotive, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Automotive | 4,486a | 4,132a | 1,554a |
| Software and services | 484a | 302a | 104a |
| Total revenues | 4,970a | 4,434a | 1,658a |
| Automotive | -5,693a | -6,150a | -4,666a |
| Software and services | -477a | -314a | -115a |
| Total cost of revenues | -6,170a | -6,464a | -4,781a |
| Gross profit | -1,200a | -2,030a | -3,123a |
| Operating expenses | — | — | — |
| Research and development | -1,613a | -1,995a | -1,944a |
| Selling, general, and administrative | -1,876a | -1,714a | -1,789a |
| Total operating expenses | -3,489a | -3,709a | -3,733a |
| Loss from operations | -4,689a | -5,739a | -6,856a |
| Interest income | 385a | 522a | 193a |
| Interest expense | -318a | -220a | -103a |
| Loss on convertible notes, net | -112a | 0a | 0a |
| Other income (expense), net | -7a | 6a | 18a |
| Loss before income taxes | -4,741a | -5,431a | -6,748a |
| Provision for income taxes | -5a | -1a | -4a |
| Net loss | -4,746a | -5,432a | -6,752a |
| Less: Net income attributable to noncontrolling interest | 1a | 0a | 0a |
| Net loss attributable to common stockholders | -4,747a | -5,432a | -6,752a |
| Net loss attributable to common stockholders, basic and diluted | -4,747a | -5,432a | -6,752a |
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