Rivian Automotive (RIVN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Rivian Automotive

NasdaqGS•Consumer Cyclical•Auto Manufacturers

$16.03-0.02(<0.01%)Market closed

Market Cap

$20.40B

P/S

3.5x

P/B

4.0x

Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. It operates through two segments, Automotive, and Software and Services. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand; and a three-row, seven-passenger sport utility vehicle under the R1S name. It also provides software and services, such as vehicle electrical architecture and software development, as well as Autonomy+, remarketing, vehicle repair and maintenance services, software subscriptions, vehicle accessories, financing, insurance, and other services. In addition, the company designs, develops, and manufactures the Rivian Adventure Network Direct Current fast chargers; and FleetOS, a proprietary, end-to-end centralized fleet management subscription platform. Further, it offers Rivian Commercial Van platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.

How this company scores

AverageMetricSide Score: 54/100

Strongest: Growth (18/25); weakest: Cash & Earnings Quality (7/25).

Profitability15/25

Growth18/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality7/25

Strengths

Profit converts from growthConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 3.5x5y range 2.2x – 46.4x

Currently near its 17-quarter median.

P/B · 4.0x5y range 1.1x – 5.3x

Currently above its 19-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $20.40B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.88B
Q. Revenue: $1.66B
TTM EBITDA: $-2.71B
TTM Op. Income: $-3.53B
Q. Op. Income: $-836.00M
TTM Net Income: $-3.23B
Q. Net Income: $-833.00M
EPS: $-0.629
Shares Out.: $1.32B

$5.88B in TTM revenue grew 14.2% YoY, reaching $1.66B last quarter. TTM EBITDA of $-2.71B and TTM operating income of $-3.53B show growth is flowing through to the bottom line. However, net income is negative at $3.23B — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 10.8%
EBITDA Margin: -36.1%
Op. Margin: -50.4%
Net Margin: -50.2%

Op. margin of -50.4% is up 35.1% YoY — cost efficiency is improving. Net margin at -50.2% and gross margin of 10.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 3.5x
P/B Ratio: 4.0x

P/S of 3.5x and P/B of 4.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.14B
Cash: $3.59B
Long-Term Debt: $4.44B
Book Value: $5.13B
D/E Ratio: 0.9
Debt/EBITDA: N/A

With $15.14B in assets and $4.44B in long-term debt, D/E is 0.9and book value is $5.13B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 19% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-487.00M
TTM Free Cash Flow: $-3.49B
FCF Margin: -59.3%
FCF / Net Income: 1.1

TTM FCF of $-3.49B on $-487.00M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.