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