Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.38B | $1.29B | $1.56B | $1.30B | $1.24B | $1.73B | $874.00M |
| Cost of revenue | $1.48B | $1.26B | $1.17B | $1.53B | $1.51B | $1.03B | $1.56B | $1.27B |
| Gross profit | $179.00M | $119.00M | $120.00M | $24.00M | −$206.00M | $206.00M | $170.00M | −$392.00M |
| Gross margin | 10.8% | 8.6% | 9.3% | 1.5% | -15.8% | 16.6% | 9.8% | -44.9% |
| Research and development | $466.00M | $458.00M | $424.00M | $453.00M | $410.00M | $381.00M | $374.00M | $350.00M |
| Selling, general and administrative | $549.00M | $542.00M | $529.00M | $554.00M | $498.00M | $480.00M | $457.00M | $427.00M |
| Operating expenses | $1.02B | $1.00B | $953.00M | $1.01B | $908.00M | $861.00M | $831.00M | $777.00M |
| Operating income | −$836.00M | −$881.00M | −$833.00M | −$983.00M | −$1.11B | −$655.00M | −$661.00M | −$1.17B |
| Operating margin | -50.4% | -63.8% | -64.8% | -63.1% | -85.5% | -52.8% | -38.1% | -133.8% |
| EBITDA | −$599.00M | −$687.00M | −$632.00M | −$796.00M | −$918.00M | −$455.00M | −$443.00M | −$910.00M |
| Interest income | $48.00M | $50.00M | $64.00M | $76.00M | $72.00M | $81.00M | $83.00M | $95.00M |
| Interest expense | −$68.00M | −$65.00M | −$64.00M | −$69.00M | −$69.00M | −$72.00M | −$81.00M | −$87.00M |
| Income before taxes | −$838.00M | −$418.00M | −$801.00M | −$1.17B | −$1.11B | −$539.00M | −$740.00M | −$1.10B |
| Income taxes | −$1.00M | −$2.00M | $3.00M | −$1.00M | $2.00M | $2.00M | $3.00M | — |
| Net income | −$837.00M | −$416.00M | −$804.00M | −$1.17B | −$1.12B | −$541.00M | −$743.00M | −$1.10B |
| Net margin | -50.5% | -30.1% | -62.5% | -74.8% | -85.6% | -43.6% | -42.8% | -125.9% |
| EPS, basic | −$0.63 | −$0.33 | −$0.66 | −$0.96 | −$0.97 | −$0.48 | −$0.70 | −$1.08 |
| EPS, diluted | −$0.63 | −$0.33 | −$0.66 | −$0.96 | −$0.97 | −$0.48 | −$0.70 | −$1.08 |
| Diluted shares | 1.33B | 1.25B | 1.23B | 1.22B | 1.16B | 1.14B | 1.06B | 1.01B |
Figures describe Rivian Automotive shares, not any token. As of Jul 30, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.
