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| Date | Value |
|---|---|
| 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 |