Rivian Automotive Past Earnings Performance
Past criteria checks 0/6
Rivian Automotive's earnings have been declining at an average annual rate of -31.2%, while the Auto industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 95.3% per year.
Key information
-31.2%
Earnings growth rate
18.7%
EPS growth rate
| Auto Industry Growth | 12.9% |
| Revenue growth rate | 95.3% |
| Return on equity | -84.9% |
| Net Margin | -115.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Rivian Automotive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 5,014 | -5,791 | 1,875 | 1,944 |
| 31 Mar 24 | 4,977 | -5,529 | 1,808 | 1,960 |
| 31 Dec 23 | 4,434 | -5,432 | 1,714 | 1,995 |
| 30 Sep 23 | 3,782 | -5,634 | 1,658 | 1,871 |
| 30 Jun 23 | 2,981 | -5,991 | 1,629 | 1,794 |
| 31 Mar 23 | 2,224 | -6,508 | 1,661 | 1,893 |
| 31 Dec 22 | 1,658 | -6,752 | 1,789 | 1,944 |
| 30 Sep 22 | 1,049 | -7,490 | 2,078 | 2,268 |
| 30 Jun 22 | 514 | -6,999 | 1,926 | 2,257 |
| 31 Mar 22 | 150 | -5,867 | 1,651 | 2,108 |
| 31 Dec 21 | 55 | -4,688 | 1,242 | 1,850 |
| 30 Sep 21 | 1 | -2,581 | 658 | 1,379 |
| 30 Jun 21 | 0 | -1,636 | 473 | 1,157 |
| 31 Mar 21 | 0 | -1,244 | 332 | 909 |
| 31 Dec 20 | 0 | -1,019 | 255 | 766 |
Quality Earnings: RIVN * is currently unprofitable.
Growing Profit Margin: RIVN * is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RIVN * is unprofitable, and losses have increased over the past 5 years at a rate of 31.2% per year.
Accelerating Growth: Unable to compare RIVN *'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIVN * is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (14.9%).
Return on Equity
High ROE: RIVN * has a negative Return on Equity (-84.94%), as it is currently unprofitable.