Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Rivian Automotive, Inc. / De

RIVN · Nasdaq · Motor Vehicles & Passenger Car Bodies

Fundamental quality

REASONABLE

60

out of 100

Rivian Automotive, Inc. / De is in full growth mode but not yet profitable: revenue is growing strongly (150% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 60 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (net margin -63.6%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Rivian makes premium electric pickups and SUVs, plus delivery vans for Amazon, its first big customer and a shareholder. Like every young automaker, it burns cash building scale and still loses money on each vehicle.

What will shape its future

  • Cutting cost per vehicle until each unit makes money: the long race of every new automaker.
  • Its cash and partners (Amazon, the Volkswagen technology alliance): the fuel to reach profitability.
  • EV demand and the launch of its more affordable models (R2).

Breakdown by area

I.Growth
95

Revenue growth: 150%

II.Profitability
22

Net margin: -63.6% · ROE: -79.4%

III.Financial health
64

Net debt/EBITDA: -0.53x · FCF: -55%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Strengths

  • Revenue growing strongly (150% annualized).
  • Revenue rising without interruption since 2020.
  • Net cash position: more cash than debt.

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -63.6%).
  • Negative free cash flow: the business burns cash.
  • Its net debt has grown over the period.

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
20200-1,018-1,762-2,904
202155-4,688-4,416-16,907
20221,658-6,752-6,421-10,337
20234,434-5,432-5,892-3,426
20244,970-4,747-2,857-853
20255,387-3,646-2,489861

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

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Is Rivian Automotive, Inc. / De cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Rivian Automotive, Inc. / De a good company to invest in?

In terms of business quality, Rivian Automotive, Inc. / De scores 60 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Rivian Automotive, Inc. / De a profitable company?

Over the last twelve months, no: Rivian Automotive, Inc. / De posts a negative net margin (-63.6%).

Does Rivian Automotive, Inc. / De have a lot of debt?

No. Rivian Automotive, Inc. / De has a net cash position: more cash than debt.

Is Rivian Automotive, Inc. / De growing?

Its revenue has grown 150% annualized in recent years, and without interruption since 2020.

Does Rivian Automotive, Inc. / De generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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