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

Rivian Automotive (RIVN) posted Operating Expenses of $1.0 billion for Q1 2026, up 4.93% sequentially from $953.0 million in Q4 2025, and up 16.14% YoY from $861.0 million in Q1 2025.

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

Rivian Automotive (RIVN) has 7 years of Operating Expenses data on file, last reported at $1.0 billion in Q1 2026.

  • Quarterly Operating Expenses rose 16.14% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 14.0% YoY) and the FY2025 annual result came in at $3.7 billion, up 6.88% from the prior year.
  • Operating Expenses advanced to $1.0 billion in Q1 2026 per RIVN's latest filing, from $953.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.1 billion in Q1 2022, with the low at $777.0 million in Q3 2024.
  • Average Operating Expenses over 5 years is $921.2 million, with a median of $924.0 million recorded in 2024.
  • The widest YoY moves for Operating Expenses: up 162.68% in 2022, down 61.61% in 2022.
  • Rivian Automotive's Operating Expenses stood at $795.0 million in 2022, then rose by 22.64% to $975.0 million in 2023, then retreated by 14.77% to $831.0 million in 2024, then advanced by 14.68% to $953.0 million in 2025, then gained by 4.93% to $1.0 billion in 2026.
  • Business Quant data shows RIVN's Operating Expenses at $1.0 billion in Q1 2026, $953.0 million in Q4 2025, and $1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 3.78 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 40.92 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 40.70 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -660.64 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 1.00 Bn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -696.85 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -749.20 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -3,574.44 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 1.27 Bn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn -282.20 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