Rivian Revenue and Growth Statistics (2024)

Key Rivian user stats. Includes data on Rivian's revenue, net worth, profit, valuation, market cap, number of employees throughout the years, and more.
Last updated on:
August 01, 2024
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Rivian Interesting Key Facts

  • The company was founded by Robert “R.J.” Scaringe in 2009 as Mainstream Motors.
  • Rivian’s company name is a word play on the Indian River in Florida where Scaringe grew up.
  • Rivian is the first company to produce an electric pick up, the Rivian R1T, beating the competition Tesla, General Motors, and Ford.
  • Rivian went public on November 09, 2021 on Nasdaq. Share of Rivian Automotive surged as much as 53% making a valuation of $100 billion.
  • Rivian, going public, was the world’s biggest IPO in 2021.
  • Robert “R.J.” Scaringe, the founder and CEO of Rivian as well as a car enthusiast, dedicated his life on creating more sustainable and environmentally friendly transportation system after he realized the great negative environmental effects of cars.
  • In October 25, 2022, ironic as it sounds, Rivian faced a local lawsuit following violation of environmental regulations.
  • Amazon is purchasing 100,000 cars from Rivian as part of its plan to convert to a 100% renewable energy source for its delivery fleet by 2030.
  • Amazon calculated that all 100,000 Rivian cars would be deployed by 2024.

Sources: Electrek, New Yorker, CNBC 1, CNBC 2, Forex, Nikkei Asia, Reuters, Forbes

Rivian Overview

Rivian is a public automotive company (and energy storage) founded in 2009 in California, USA. Let’s take a look at some key data about Rivian!

Sources: Forbes, Bloomberg, Rivian 1, Rivian 2, SEC

What is Rivian’s Revenue?

Rivian quarterly revenue throughout the years are the following:

What is Rivian’s profit? Is Rivian profitable?

Rivian quarterly net income throughout the years  are the following:

Looking at the table above, you can see how Rivian’s only profitable month was March 2022, with a profit of $1.59 billion.

The rest of the months in the table show the fact that Rivian is losing money.

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Valuation Throughout the Years

The most recent evaluation of Rivian was in 2021, when the company was valued at about $100 billion.

The following list shows Rivian’s valuation throughout the years:

The table above helps us understand how, with each new year, Rivian became even more important and valuable.

Sources: CNBC, Forbes, Inside EVs, Investors

Rivian Market Cap

As of November 2022, Rivian’s market capitalization is $26.65 billion:

Source: Google NASDAQ: RIVN

How does Rivian make money?

Rivian makes money by selling its EV automobiles. Currently, there are only two models that the company offers: R1T and R1S. Customers need to make reservations first before to purchase the automobiles.

Sources: Forex, Rivian

Who are the largest Rivian stock owners?

Amazon owns the largest portion of Rivian’s stocks, with 18.10% of the total.

The following list are the largest Rivian stock owners:

Sources: SEC, Fortune, CNBC 1, CNBC 2

How many types of Rivian cars are there – USD (w/ Prices)?

There are two types of Rivian cars on the market:

  • R1T (Pick-Up): USD$73,000 is the price of this type of Rivian car.
  • R1S (SUV): USD$78,000 is the price of this type of Rivian car.

Sources: Rivian 1, Rivian 2

How many types of Rivian cars are there – CAD (w/ Prices)?

The following list are the types of Rivian cars with their prices set by Rivian:

  • R1T: CAD$100,925 is the price of this type of Rivian car.
  • R1S: CAD$107,675 is the price of this type of Rivian car.

Sources: Rivian 1, Rivian 2

How many cars did Rivian produce throughout the years (by Quarter)?

The following list shows how many cars were produced:

With each new quarter of 2021 and 2022, you can observe how Rivian starte dto produce more vehicles.

That shows how their sales and demand increased!

Sources: CNBC, Inside EVs 1, Inside EVs 2, Inside EVs 3

How many cars have Rivian delivered (by Quarter)?

After producing the cars, Rivian is supposed to sell them. The graph below shows you their quarterly delivery evolution:

As expected, with each new quarter, the cars delivered by Rivian constantly increased — just like the production.

Sources: CNBC, Inside EVs 1, Inside EVs 2, Inside EVs 3, PC Mag

Where is Rivian Available At (which countries)?

Presently, reservations are only limited to United States (excluding off-shore territories), and Canada. However, in 2021, Rivian officially confirmed that it would start it’s sales in Europe by early 2022.

So far, no news has confirmed yet if the factories that Rivian planned to build in Europe has begun or not.

Sources: Rivian, Inside EVs

Rivian: Number of Employees Throughout the Years

By the end of 2022, there were 9,600 people working at Rivian.

This is the list of the number of Rivian employees throughout the years:’

Sources: CNBC, Chicago Tribune, The Pan

This is the list of the number of Rivian employees throughout the years:

Sources: CNBC, Chicago Tribune, The Pantagraph, WGLT, Linkedin

Rivian: Income Statement (Quarterly)

This sections shows Rivian’s quarterly income statement. This includes quarterly revenue, quarterly operating expense, quarterly net income, quarterly net profit margin, quarterly EBITDA, and quarterly effective tax rate.Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian: Operating Expense Throughout The Years (Quarterly)

Rivian quarterly operating expense throughout the years  are the following:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian: Net Profit Margin Throughout The Years (Quarterly)

Rivian quarterly net profit margin throughout the years are the following:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian: EBITDA Throughout The Years (Quarterly)

Rivian quarterly EBITDA throughout the years are the following:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian: Effective Tax Rate Throughout The Years (Quarterly)

Rivian quarterly effective tax rate throughout the years are the following:

Rivian: Balance Sheet (Quarterly)

This section shows information on Rivian’s quarterly balance sheet. This includes quarterly cash and short-term investments, quarterly total assets, quarterly total liabilities, quarterly total equity, quarterly shares outstanding, quarterly price-to-book ratio, and quarterly total liabilities.

Source: Google NASDAQ: RIVN

Rivian: Cash and Short-Term Investments Throughout the Years (Quarterly)

The following are Rivian’s quarterly cash and short-term investments throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Total Assets Throughout the Years (Quarterly)

The following are Rivian’s quarterly total assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Total Liabilities Throughout the Years (Quarterly)

The following are Rivian’s quarterly total assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Total Equity Throughout the Years (Quarterly)

The following are Rivian’s quarterly total equity throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Shares Outstanding Throughout the Years (Quarterly)

The following are Rivian’s quarterly shares outstanding throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Price-to-Book Ratio Throughout the Years (Quarterly)

The following are Rivian’s quarterly price-to-book ratio throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Return on Assets Throughout the Years (Quarterly)

The following are Rivian’s quarterly return on assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Return on Capital Throughout the Years (Quarterly)

The following are Rivian’s quarterly return on capital throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Cash Flow (Quarterly)

This section shows Rivian’s quarterly cash flow. This includes the quarterly cash from operations, quarterly cash from investing, quarterly cash from financing, quarterly net change in cash, and quarterly free cash flow.

Source:  Google NASDAQ: RIVN

Rivian: Cash from Operations throughout the years (Quarterly)

The following are Rivian’s quarterly cash from operations throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Cash from Investing throughout the years (Quarterly)

The following are Rivian’s quarterly cash from investing throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Cash from Financing throughout the years (Quarterly)

The following are Rivian’s quarterly cash from financing throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Net Change in Cash throughout the years (Quarterly)

The following are Rivian’s quarterly net change in cash throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Free Cash Flow in Cash throughout the years (Quarterly)

The following are Rivian’s quarterly free cash flow throughout the years:

Source:  Google NASDAQ: RIVN

Rivian: Year over Year Growth Throughout the Years (Quarterly)

This secition shows information on Rivian’s year over year growth.

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian: Year Over Year change – September 2021 (Quarterly)

The following table shows Rivian’s quarterly year over year change in September 2021:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year change – December 2021 (Quarterly)

The following table shows Rivian’s quarterly year over year change in December 2021:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year Change – March 2022 (Quarterly)

The following table shows Rivian’s quarterly year over year change in March 2022:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year Change – June 2022 (Quarterly)

The following table shows Rivian’s quarterly year over year change in June 2022:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year Change – September 2022 (Quarterly)

The following table shows Rivian’s quarterly year over year change in September 2022:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5, SEC, Forbes

Rivian Income Statement (Annual)

This section provides Rivian’s Annual Income Statement. This includes annual revenue, annual operating expense, annual net income, annual profit margin, and annual EBITDA.Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Revenue Throughout The Years (Annual)

These are Rivian’s annual revenue based on the calculation of quarterly revenues from Q3 and Q4 for 2021 annual revenue.

  • December 2021: ~$55 million is the estimated annual revenue of Rivian.

Rivian also noted that as of November 2022, they have a total revenue of:

  • September 2022: $995 million total revenue so far.

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Operating Expense Throughout The Years (Annual)

Rivian annual operating expense throughout the years  are the following:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Net Income Throughout The Years (Annual)

Rivian annual net income throughout the years  are the following:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Net Profit Margin Throughout The Years (Annual)

Rivian annual net profit margin throughout the years are the following:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian EBITDA Throughout The Years (Annual)

Rivian annual EBITDA throughout the years are the following:

Source: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Balance Sheet (Annual)

This section provides information on Rivian’s balance sheet. This includes Cash and Short-term investments, total assets, total liabilities, total equity, share outstanding, price-to-book ratio, return on assets and return on capital.

Source: Google NASDAQ: RIVN

Rivian Cash and Short-Term Investments Throughout the Years (Annual)

The following are Rivian’s annual cash and short-term investments throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Total Assets Throughout the Years (Annual)

The following are Rivian’s annual total assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Total Liabilities Throughout the Years (Annual)

The following are Rivian’s annual total assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Total Equity Throughout the Years (Annual)

The following are Rivian’s annual total equity throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Shares Outstanding Throughout the Years (Annual)

The following are Rivian’s annual shares outstanding throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Price-to-Book Ratio Throughout the Years (Annual)

The following are Rivian’s annual price-to-book ratio throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Return on Assets Throughout the Years (Annual)

The following are Rivian’s annual return on assets throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Return on Capital Throughout the Years (Annual)

The following are Rivian’s annual return on capital throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Cash Flow (Annual)

This section includes information on Rivian’s annual cash flow. This includes annual cash from operations, annual cash from investing, annual cash from financing, annual net change in cash, and annual free cash flow.Source: Google NASDAQ: RIVN

Rivian Cash from Operations throughout the years (Annual)

The following are Rivian’s annual cash from operations throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Cash from Investing throughout the years (Annual)

The following are Rivian’s annual cash from investing throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Cash from Financing throughout the years (Annual)

The following are Rivian’s annual cash from financing throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Net Change in Cash throughout the years (Annual)

The following are Rivian’s annual net change in cash throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Free Cash Flow in Cash throughout the years (Annual)

The following are Rivian’s annual free cash flow throughout the years:

Source:  Google NASDAQ: RIVN

Rivian Year over Year Growth Throughout the Years (Annual)

This section shows information on Rivian’s annual year over year growth throughout the years. This includes (but are not limited to) year over year growth on annual revenue, annual operating expense, annual net income, and more.Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year Growth – 2020 (Annual)

The following table shows Rivian’s annual year over year change in December 2021:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

Rivian Year Over Year Growth – 2021 (Annual)

The following table shows Rivian’s annual year over year change in March 2022:

Sources: Google NASDAQ: RIVN, CNBC 1, CNBC 2, CNBC 3, CNBC 4, CNBC 5

What is Rivian’s market share in the Electric Car Market?

Based on estimated calculation, as of November 2022, with Rivian’s current $995 million revenue and the global electric vehicles market’s revenue projected at $384 billion by the end of 2022,

  • Rivian’s market share in the electric car market is 0.25%.

Sources: Statista, Google NASDAQ

Rivian Funding History

The following table shows Rivian’s funding history:

Source: Crunchbase

Rivian Website Traffic Analysis Overview

These are the data collected on Rivian.com’s Website Traffic Analysis as of November 2022:

Source: hypestat

Rivian.com Website Traffic Sources

  • Direct sources: 58.06% of the traffic
  • Referral sources: 2.46% of the traffic
  • Search sources: 37.24% of the traffic
  • Social sources: 1.17% of the traffic
  • Paid sources: 0.03% of the traffic

Source: Hypestat

Rivian.com Traffic Source: Desktop vs Mobile

  • 59.87% of the users visit the website through desktop devices
  • 40.13% of the users visit the website through mobile devices

Source: Hypestat

Which top 5 countries visited Rivian.com the most (2022)?

Source: Similar Web

How much time do people spend on Rivian.com?

The average time spent in visiting the Rivian website is:

  • 00:02:09

Source: Similarweb

Rivian Founder’s Net Worth Throughout the Years

Robert “R.J.” Scaringe is the founder of Rivian. This is the list of his Net Worth throughout the years:

  • October 2021: $3.4 billion was Robert “R.J.” Scaringe’s net worth.
  • September 2022: ~$600 million was Robert “R.J.” Scaringe’s net worth.

Sources: Forbes

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