Feed / RIVN

Rivian Automotive, Inc.

RIVN

Consumer Cyclical · 16.06 +0.3% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Rivian Automotive, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.

Company+0.3% todayVolume comparison unavailable
Market group0 of 1 activeElectric Vehicle Makers · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • RIVN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if RIVN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Auto Manufacturers

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • RIVN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods7
Price observations327
Usable filing statements75
Verified relationships12
Evidence supporting the case
  • Latest annual revenue changed +8.4% year over year.
  • Operating margin changed +27.8 percentage points in the latest annual period.
  • Net margin changed +27.8 percentage points in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 17.1% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 51% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

16.06
6m-3.6%12m+15.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$55.0M$-22.98
2022-12-31$1.7B+2914.5%$-7.40
2023-12-31$4.4B+167.4%$-5.74+3.7%
2024-12-31$5.0B+12.1%$-4.69+7.0%
2025-12-31$5.4B+8.4%$-3.07+17.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
Interest expense decreased for the three months ended March 31, 2026 primarily due to reduced interest rates resulting from the refinancing of the senior secured floating rate notes due October 2026 into the 2031 Green Secured Notes in June 2025.
10-Q · Apr 30, 2026
Legal and regulatory exposuremixed · 4 filings
Cash Flows Three Months Ended March 31, (in millions) 2025 2026 Net cash used in operating activities $ (188) $ (703) Net cash used in investing activities $ (408) $ (25) Net cash used in financing activities $ (6) $ (2) Operating Activities Net cash used in…
10-Q · Apr 30, 2026
Capital investment and capacitymixed · 3 filings
Investing Activities Net cash used in investing activities decreased during the year ended December 31, 2025 compared to the year ended December 31, 2024, primarily driven by lower purchases of short-term investments, partially offset by lower maturities of s…
10-K · Feb 12, 2026
Supply chain and availabilitynegative · 2 filings
The introduction of our second generation R1 vehicles has reduced material costs as a result of engineering design changes and improvements in supplier commercial terms.
10-Q · Nov 4, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 3.5× · EV/sales 3.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

16.06+0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for RIVN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for RIVN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind RIVN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AMZNAmazon.com, Inc.customerApr 30, 2026

Commercial Vehicles The Rivian Commercial Van platform underpins the EDV variant, designed and engineered by Rivian in collaboration with Amazon.com, Inc.

AMZNAmazon.com, Inc.partnerFeb 12, 2026

Commercial Vehicles We launched the Rivian Commercial Van platform, which underpins the Electric Delivery Van (“EDV”) variant, designed and engineered by Rivian in collaboration with Amazon.com, Inc.

Depended on by

AMZNAmazon.com, Inc.investeeFeb 6, 2026

The net loss of $(2.3) billion in 2024 is primarily from the marketable securities loss from our equity investment in Rivian Automotive, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 12 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

RIVN is currently a Leader in the organic co-movement group Electric Vehicle Makers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for RIVN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.