Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general, and administrative

Other expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Rivian Automotive

Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. The company was founded by Robert J. Scaringe in June 2009 and is headquartered in Irvine, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rivian reports strong revenue but faces gross profit challenges

Rivian's Q4 2022 earnings call highlighted achievements in production ramp-ups, new technologies, and cost reduction efforts. The company faces challenges with supplier constraints and raw material costs but sees opportunities in improving margins and reaching profitability.

Rivian Automotive hits production targets, eyes tech advancements for growth

Rivian Automotive reports strong Q1 performance with production targets on track
Focused on technology advancements, cost reductions, and enhancing customer value
Addressing supply chain challenges while leveraging opportunities for growth
Confidence in financial targets and future product integration plans

Rivian boosts production and partnerships, eyes diverse revenue streams

Rivian's Q2 2023 performance showcased production growth, cost efficiencies, and strong partnerships.
While facing challenges in maintaining margins and profitability, Rivian is exploring diverse revenue streams.
The company's focus on software, vertical integration, and customer experience presents growth opportunities.
With a solid cash balance and strategic partnerships, Rivian is poised for continued expansion and innovation.

Rivian excels in Q3 performance, eyes EV market expansion

Rivian's Q3 2023 performance showed strong vehicle delivery and revenue generation, with a focus on cost efficiency and margin targets.
The company's strengths lie in its EV transition, expanded market reach, customer-centric initiatives, and software monetization strategies.
Challenges include cost improvements, commercial vehicle sales ramp-up, raw material supply, and order fulfillment logistics.
Opportunities arise from production volume growth, commercial sales expansion, financial optimization, and software-driven revenue streams.

Rivian exceeds delivery targets, faces industry challenges, and eyes growth

Rivian's strong performance in production and gross profit improvement is countered by industry challenges and negative EBITDA expectations for 2024. The company's strategic focus on cost efficiency, new product introductions, and revenue diversification presents growth opportunities.

Rivian exceeds Q1 targets, aims for profitability by year-end

Rivian's Q1 performance reflects operational strength but challenges persist in achieving profitability targets.
Strategic cost-saving measures and technology integration provide opportunities for long-term growth and efficiency.
Efforts to drive demand and optimize operations position Rivian for improved financial performance and market expansion.
Balancing financial pressures with operational enhancements will be crucial for Rivian's path to sustainable profitability.

Rivian excels in Q2 with strong revenue growth and strategic partnerships

Rivian's Q2 2024 earnings call highlighted advancements in vehicle technology, cost reduction efforts, and strategic partnerships. While facing challenges in cost management and software development, the company remains optimistic about growth opportunities and upcoming product launches.

Rivian reports Q3 progress amidst challenges, eyes growth opportunities

Rivian's Q3 2024 showcased progress in key areas despite supply chain challenges and financial hurdles.
Strategic initiatives like the R2 program and joint venture with Volkswagen offer promising growth prospects.
While facing challenges, Rivian's focus on cost efficiency and production targets signals resilience and adaptability.
Opportunities in new vehicle variants and partnerships position Rivian for future success and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Rivian Automotive, Inc. (NASDAQ:RIVN ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Tim Bei - Vice President of Investor Relations RJ Scaringe - Founder and Chief Executive Officer Claire McDonough - Chief Financial Officer Frank Klein - Chief Operations Officer Nick Kalayjian - Chief Product Development Officer Wassym Bensaid - Senior Vice President of Software Development Conference Call Participants Rod Lache - Wolfe Research, LLC John Murphy - Bank of America Merrill Lynch Joseph Spak - UBS Mark Delaney - Goldman Sachs Chris McNally - Evercore ISI Emmanuel Rosner - Deutsche Bank Colin Langan - Wells Fargo Securities, LLC Henry Roberts - Truist Securities, Inc. Alexander Potter - Piper Sandler & Co. Operator Good day, and thank you for standing by. Welcome to the Rivian Third Quarter 2023 Earnings Conference Call.

Rivian Automotive, Inc. (RIVN) Q3 2023 Earnings Call Transcript

eBay

Gilead Sciences

Gilead, eBay and Rivian all beat on the bottom line in Q3, but all three are selling the news.

After-Hours Selling to Challenge Winning Streak Wednesday

The EV startup also boosted its 2023 production target to 54,000 vehicles, up by 2,000 units, as supply chain headaches ease.

Rivian Wants More Electric Van Customers As Its Exclusive Deal With Amazon Ends

Rivian (NASDAQ: RIVN ), the Irvine-based electric vehicle producer, reported better-than-predicted revenues on Tuesday, Nov. 7. RIVN stock climbed 2% following the release of its Q3 earnings report.

Rivian Shares Jump 2.2% on Higher Revenue, 2023 Production Outlook

Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter, a result that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. The EV maker reported Tuesday after markets closed revenue of $1.

Rivian raises production forecast for 2023, narrows losses in Q3

Rivian Automotive Inc (NASDAQ:RIVN) shares moved higher in afterhours trade on Tuesday as the electric vehicle (EV)-maker reported a smaller-than-expected third quarter loss and raised its full-year production guidance. The Irvine, California-based startup now expects to produce 54,000 vehicles during 2023, up from its prior guidance of 52,000 vehicles.

Rivian narrows 3Q loss; raises full-year vehicle production guidance

Amazon

The exclusivity agreement that Amazon struck with Rivian is now over: The automaker said on Tuesday that it will now let other companies buy its electric vans. Back in 2019, when Amazon pumped more than a billion dollars into Rivian, the online retailer also secured exclusive access to Rivian's commercial vans.

Rivian and Amazon are no longer exclusive

IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) has today published a letter to its shareholders containing the company's third quarter 2023 financial results. The letter is available on its investor relations website (https://rivian.com/investors). Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET today, November 7. The live webcast will be available at https://edge.media-server.com/mmc/p/ezvx5qiz/ and a repl.

Rivian Releases Third Quarter 2023 Financial Results

IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that it will enable other companies to purchase its custom-designed Rivian Commercial Van. This move provides companies all around the world more opportunity to electrify their delivery fleets with a state-of-the-art vehicle, which will help to further reduce CO2 emissions. The Rivian Commercial Van is the platform on which Amazon's custom electric delivery van is based, and is designed from the ground up pr.

Rivian's Electric Commercial Van Now Available to More Companies

Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units.

Rivian beats quarterly revenue estimate, raises full-year production forecast

Rivian Automotive, Inc RIVN was trading near flat on Tuesday as the company heads into its third-quarter earnings print after the market close.

Trading Strategies For Rivian Stock Heading Into Q3 Earnings - Rivian Automotive (NASDAQ:RIVN)

Sunrun

Exxon Mobil

The energy sector continues to be challenging for investors to navigate. Crude oil prices peaked at $122 a barrel in June 2022 after Russia invaded Ukraine.

3 Energy Stocks to Sell Before the End of the Year

Lucid Group

Both Rivian and Lucid target the high end of the market for electric vehicles.

EV Stocks: Rivian, Lucid Earnings Due After This Tesla Threat

Rivian Automotive Inc. is slated to update investors about its quarterly earnings on Tuesday after the bell.

Rivian earnings: What to expect from the EV maker struggling to become profitable

Wall Street is looking for a per-share loss of $1.31 from sales of $1.3 billion, according to Bloomberg. Rivian reported a $1.08 loss from sales of $1.1 billion in the second quarter of 2023.

Watch the Cash When Rivian Reports Earnings

Fisker Inc

Tesla on Friday told workers in Germany that they will soon be building a $25,000 Tesla electric car. OK. Technically it's 25,000 euros -- but this still sounds a lot like the long-awaited Tesla Model 2.

Why Rivian, Fisker, and Lucid Stocks Dropped Today

Rivian surprisingly raised more money in the month. That coincided with worries about the EV market.

Why Rivian Plunged 33.2% in October

Hexcel

LanzaTech Global Inc

Rivian is one of the more consistent electric vehicle plays out there. For advanced composites specialist Hexcel, growth is just getting started.

3 Magnificent Growth Stocks to Buy on the Dip in November

Stocks are broadly seeing strength today, as weaker-than-expected jobs data fuels expectations that interest rates may not rise as fast as previously thought. These drivers have led the tech-heavy Nasdaq, which includes many popular electric vehicle (EV) companies such as Rivian (NASDAQ: RIVN ), to lead the way in terms of gains.

RIVN Stock: Rivian Is Getting to Ready to Break Ground in Georgia

Rivian named a plant manager for its next manufacturing plant to be built in Georgia. The facility will be key with the launch of the next-generation R2 vehicle platform.

Why Rivian Stock Powered Higher Friday

The Zacks Consensus Estimate for Rivian's (RIVN) Q3 loss per share and revenues is pegged at $1.36 and $1.36 billion, respectively.

Rivian (RIVN) to Report Q3 Earnings: Here's What to Expect

IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) announced today that Arnhelm Mittelbach has joined Rivian as its first Georgia Plant Manager. This is a significant addition as Rivian continues to progress on its second manufacturing facility that will be focused on the next generation of Rivian vehicles. Mittelbach started his role on November 1, reporting directly to Chief Operations Officer Frank Klein. Mittelbach is an experienced automotive leader with more than 20 y.

Rivian Hires Georgia Plant Manager; Continues Progress on Georgia Operations

The Federal Reserve held the federal funds rate steady again, which has some speculating about when the central bank may start reducing it. If the economy remains strong, that could be good for auto demand.

Why Rivian, Lucid, and Fisker Shares Jumped Today

Canadian National Railway Company

Levi Strauss

The third-quarter earnings train rumbles along. While the majority of Q3 prints have been better than expected, several have been absolutely dreadful, putting analysts and investors in a foul mood and leading all the major stock indexes to post declines for October.

3 (More) Stocks to Sell After Dreadful Q3 Earnings

Mullen Automotive

Tesla

Although the experts continue to tell us that electric vehicles are the future, shifting sentiment in the space now necessitates a discussion about EV stocks to sell. Essentially, EV inventory concerns weigh heavily on the industry.

News for Rivian Automotive Stock (RIVN)