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

Rivian Automotive's (RIVN) quarterly Operating Expenses came in at $1.0 billion in Q1 2026, up 16.14% year-on-year from $861.0 million in Q1 2025, and up 4.93% quarter-over-quarter from $953.0 million in Q4 2025.

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

Rivian Automotive has disclosed Operating Expenses across 7 years of filings, most recently posting $1.0 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.0 billion, up 16.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 14.0% YoY), and the FY2025 annual result was $3.7 billion, up 6.88% from the prior year.
  • Operating Expenses came in at $1.0 billion for Q1 2026 at Rivian Automotive, up from $953.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q1 2022 to a low of $777.0 million in Q3 2024.
  • The 5-year median for Operating Expenses is $924.0 million (2024), against an average of $921.2 million.
  • Peak annual rise in Operating Expenses reached 162.68% in 2022, while the deepest fall reached 61.61% in 2022.
  • Rivian Automotive's Operating Expenses stood at $795.0 million in 2022, then climbed by 22.64% to $975.0 million in 2023, then dropped by 14.77% to $831.0 million in 2024, then increased by 14.68% to $953.0 million in 2025, then grew by 4.93% to $1.0 billion in 2026.
  • The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $953.0 million (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 3.78 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 76.70 Bn
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 40.70 Bn
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 479.59 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 40.92 Bn
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 1.00 Bn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -282.20 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -11,212.24 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -660.64 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 580.00 Mn