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Operating Expense Breakdown
Details core costs like R&D, manufacturing, and admin, offering insight into how efficiently Rivian operates and where it’s directing its resources for growth and innovation.Rivian’s operating expenses reflect the unwind of the one‑time 2021 spike and a disciplined pullback through 2023–mid‑2024, then a deliberate re‑acceleration of R&D and—notably—SG&A into 2025–Q1 2026 as the company primes R2, software/JV work and sales/service infrastructure. That reinvestment reconciles improving per‑unit gross profit with management’s guidance for sizable 2026 adjusted‑EBITDA losses and working‑capital outflow; watch SG&A growth and the timing of the R2 ramp as the main near‑term drivers of cash burn and margin inflection.
Date | Research and Development | Selling, General, and Administrative | Other |
|---|---|---|---|
Jun 30, 2026 | $466.00M | $549.00M | $0.00 |
Mar 31, 2026 | $458.00M | $542.00M | $0.00 |
Dec 31, 2025 | $424.00M | $529.00M | $0.00 |
Sep 30, 2025 | $453.00M | $554.00M | $0.00 |
Jun 30, 2025 | $410.00M | $498.00M | $0.00 |
Mar 31, 2025 | $381.00M | $480.00M | $0.00 |
Dec 31, 2024 | $374.00M | $457.00M | $0.00 |
Sep 30, 2024 | $350.00M | $427.00M | $0.00 |
Jun 30, 2024 | $428.00M | $496.00M | $0.00 |
Mar 31, 2024 | $461.00M | $496.00M | $0.00 |