Rivian Automotive (RIVN) Operating Expenses (2020 - 2026)

Rivian Automotive (RIVN) posted Operating Expenses of $1.0 billion for Q2 2026, up 1.5% sequentially from $1.0 billion in Q1 2026, and up 11.78% YoY from $908.0 million in Q2 2025.

Rivian Automotive (RIVN) Operating Expenses (2020 - 2026) Analysis & Trends

Rivian Automotive has reported Operating Expenses for 7 years, with the latest figure at $1.0 billion in Q2 2026.

  • Quarterly Operating Expenses rose 11.78% year-over-year to $1.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.0 billion (up 17.71% YoY) and the FY2025 annual result came in at $3.7 billion, up 6.88% from the prior year.
  • Operating Expenses rose to $1.0 billion in Q2 2026 per RIVN's latest filing, from $1.0 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.1 billion in Q1 2022 and troughed at $777.0 million in Q3 2024.
  • A 5-year average of $926.4 million and a median of $938.5 million in 2024 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 162.68% in 2022, down 61.61% in 2022.
  • Over 5 years, Operating Expenses stood at $795.0 million in 2022, then increased by 22.64% to $975.0 million in 2023, then fell by 14.77% to $831.0 million in 2024, then gained by 14.68% to $953.0 million in 2025, then grew by 6.51% to $1.0 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.0 billion, $1.0 billion, and $953.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 239.73 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 47.66 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 46.57 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -696.85 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -660.64 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 1.02 Bn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 4.85 Bn
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn -749.20 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.02 Bn
Mar 31, 2026 1.00 Bn
Dec 31, 2025 953.00 Mn
Sep 30, 2025 1.01 Bn
Jun 30, 2025 908.00 Mn
Mar 31, 2025 861.00 Mn
Dec 31, 2024 831.00 Mn
Sep 30, 2024 777.00 Mn
Jun 30, 2024 924.00 Mn
Mar 31, 2024 957.00 Mn
Dec 31, 2023 975.00 Mn
Sep 30, 2023 963.00 Mn
Jun 30, 2023 873.00 Mn
Mar 31, 2023 898.00 Mn
Dec 31, 2022 795.00 Mn
Sep 30, 2022 857.00 Mn
Jun 30, 2022 1.00 Bn
Mar 31, 2022 1.08 Bn
Dec 31, 2021 2.07 Bn
Sep 30, 2021 694.00 Mn