Rivian Automotive (RIVN) Gross Margin (2021 - 2026)
Rivian Automotive's Gross Margin came in at 10.80% for Q2 2026, up 26.61 percentage points from -15.81% a year earlier and up 2.18 percentage points from the prior quarter.
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Analysis
Rivian Automotive (RIVN) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rivian Automotive reported Gross Margin of 7.51%, up 11.82 percentage points year-over-year; for FY2025, it came in at 2.67%, up 26.82 percentage points from FY2024.
- Gross Margin has increased in each of the last four years, with a four-year change of +848.13 percentage points (FY2021 to FY2025).
- Going back by year, Gross Margin was -24.14% in FY2024 (+21.64 pp), -45.78% in FY2023 (+142.58 pp), -188.36% in FY2022 (+657.10 pp) and -845.45% in FY2021.
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2025.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +24.35 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2022 (a gain of 8028.92 percentage points), and the weakest in Q3 2024 (a drop of 9.17 percentage points).
- Business Quant data shows RIVN's Gross Margin at 8.62% (Q1 2026), 9.33% (Q4 2025) and 1.54% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.67 Bn | 1,049.69 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 243.73 Bn | -163.01 Bn | 20.95 Bn | 24.69% |
| 3 | Honda Motor | 126.52 Bn | -7.78 Bn | 8.46 Bn | 22.24% |
| 4 | General Motors | 72.50 Bn | -34.01 Bn | 7.33 Bn | 15.26% |
| 5 | Ferrari | 68.83 Bn | 61.27 Bn | 1.18 Bn | 52.59% |
| 6 | Ford Motor | 48.36 Bn | -94.13 Bn | 6.08 Bn | 12.59% |
| 7 | Rivian Automotive | 18.97 Bn | -4.34 Bn | 179.00 Mn | 10.80% |
| 8 | Magna International | 18.29 Bn | 15.51 Bn | 1.61 Bn | 14.68% |
| 9 | Stellantis | 13.35 Bn | -153.18 Bn | 5.55 Bn | 10.98% |
| 10 | Li Auto | 11.09 Bn | -42.99 Bn | 417.98 Mn | 11.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.80% |
| Mar 31, 2026 | 8.62% |
| Dec 31, 2025 | 9.33% |
| Sep 30, 2025 | 1.54% |
| Jun 30, 2025 | -15.81% |
| Mar 31, 2025 | 16.61% |
| Dec 31, 2024 | 9.80% |
| Sep 30, 2024 | -44.85% |
| Jun 30, 2024 | -38.95% |
| Mar 31, 2024 | -43.77% |
| Dec 31, 2023 | -46.08% |
| Sep 30, 2023 | -35.68% |
| Jun 30, 2023 | -36.75% |
| Mar 31, 2023 | -80.94% |
| Dec 31, 2022 | -150.83% |
| Sep 30, 2022 | -171.08% |
| Jun 30, 2022 | -193.41% |
| Mar 31, 2022 | -528.42% |
| Dec 31, 2021 | -709.26% |
| Sep 30, 2021 | -8,200.00% |
API Access
Rivian Automotive Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RIVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RIVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RIVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();