Rivian Automotive (RIVN) Research & Development (2020 - 2026)
Rivian Automotive (RIVN) reported Research & Development of $466 million for Q2 2026, up 13.7% from $410 million a year earlier and up 1.7% from the prior quarter.
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Analysis
Rivian Automotive (RIVN) Research & Development (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Rivian Automotive's Research & Development came in at $1.8 billion, up 18.9% year-over-year; for FY2025, it was $1.67 billion, up 3.4% from FY2024.
- Research & Development has a five-year compound annual growth rate of 16.8% (FY2020 to FY2025).
- By year, Research & Development came in at $1.61 billion in FY2024 (-19.1%), $2 billion in FY2023 (+2.6%), $1.94 billion in FY2022 (+5.1%) and $1.85 billion in FY2021 (+141.5%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q4 2023.
- Year over year, Research & Development has now increased in each of the last four quarters, with an average decline of 1.0% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q4 2021 (growth of 184.7%); the low point was Q4 2022 (a decline of 44.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $458 million (Q1 2026), $424 million (Q4 2025) and $453 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.67 Bn | 1,049.69 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 243.73 Bn | -163.01 Bn | 20.95 Bn | - |
| 3 | Honda Motor | 126.52 Bn | -7.78 Bn | 8.46 Bn | -1.53 Bn |
| 4 | General Motors | 72.50 Bn | -34.01 Bn | 7.33 Bn | - |
| 5 | Ferrari | 68.83 Bn | 61.27 Bn | 1.18 Bn | 252.82 Mn |
| 6 | Ford Motor | 48.36 Bn | -94.13 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 18.97 Bn | -4.34 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Magna International | 18.29 Bn | 15.51 Bn | 1.61 Bn | - |
| 9 | Stellantis | 13.35 Bn | -153.18 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Li Auto | 11.09 Bn | -42.99 Bn | 417.98 Mn | -409.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 466.00 Mn |
| Mar 31, 2026 | 458.00 Mn |
| Dec 31, 2025 | 424.00 Mn |
| Sep 30, 2025 | 453.00 Mn |
| Jun 30, 2025 | 410.00 Mn |
| Mar 31, 2025 | 381.00 Mn |
| Dec 31, 2024 | 374.00 Mn |
| Sep 30, 2024 | 350.00 Mn |
| Jun 30, 2024 | 428.00 Mn |
| Mar 31, 2024 | 461.00 Mn |
| Dec 31, 2023 | 526.00 Mn |
| Sep 30, 2023 | 529.00 Mn |
| Jun 30, 2023 | 444.00 Mn |
| Mar 31, 2023 | 496.00 Mn |
| Dec 31, 2022 | 402.00 Mn |
| Sep 30, 2022 | 452.00 Mn |
| Jun 30, 2022 | 543.00 Mn |
| Mar 31, 2022 | 547.00 Mn |
| Dec 31, 2021 | 726.00 Mn |
| Sep 30, 2021 | 441.00 Mn |
API Access
Rivian Automotive Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=RIVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "RIVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=RIVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();