Rivian Automotive
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | - | 55.0m | 1.7b | 4.4b | 4.9b | 7.7b | 12.9b |
% growth | - | - | 2915 % | 167 % | 10 % | 58 % | 69 % |
EBITDA | (981m) | (4.0b) | (6.0b) | (4.3b) | (2.8b) | (1.5b) | (933m) |
% EBITDA margin | - | (7311 %) | (361 %) | (96 %) | (57 %) | (19 %) | (7 %) |
Profit | (1.0b) | (4.7b) | (6.8b) | (5.4b) | (4.8b) | (3.8b) | (3.2b) |
% profit margin | - | (8524 %) | (407 %) | (123 %) | (99 %) | (49 %) | (25 %) |
EV / revenue | - | 1393.9x | 4.2x | 4.0x | 2.5x | 1.7x | 1.1x |
EV / EBITDA | - | -19.1x | -1.2x | -4.2x | -4.4x | -8.8x | -15.0x |
R&D budget | 766m | 1.9b | 1.9b | 2.0b | - | - | - |
R&D % of revenue | - | 3364 % | 117 % | 45 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- |
| N/A | - |
N/A | $11.9b Valuation: $77.0b -78.5x EV/LTM EBITDA | IPO | |
N/A | N/A | Post IPO Equity | |
* | N/A | $1.3b | Post IPO Convertible |
* | $827m | Grant | |
* | $1.0b | Post IPO Equity | |
Total Funding | €11.2b |
Related Content
Recent News about Rivian Automotive
EditRivian is an innovative company focused on developing electric vehicles (EVs) and related services that encourage outdoor exploration and adventure. The company primarily serves environmentally conscious consumers and adventure enthusiasts who seek sustainable and high-performance transportation options. Rivian operates in the electric vehicle market, which is rapidly growing as more people and businesses look to reduce their carbon footprint and embrace cleaner energy solutions.
Rivian's product lineup includes the R1T, an electric truck, and the R1S, an electric SUV. These vehicles are designed to handle a variety of terrains and conditions, making them ideal for both on-road and off-road adventures. The company emphasizes continuous innovation, ensuring that their vehicles not only meet current needs but also evolve over time with software updates and new features.
The business model of Rivian revolves around direct-to-consumer sales, which means they sell their vehicles directly to customers through their website and showrooms, bypassing traditional car dealerships. This approach allows Rivian to maintain a closer relationship with their customers and provide a more personalized buying experience. Additionally, Rivian generates revenue through the sale of its vehicles and by offering various services and accessories that enhance the ownership experience, such as durable, shareable, and submersible gear designed specifically for their vehicles.
Rivian's commitment to sustainability and adventure is evident in their marketing and product design. They aim to inspire people to explore the world while minimizing their environmental impact. By focusing on electric adventure vehicles, Rivian is carving out a unique niche in the automotive market, appealing to a growing segment of eco-conscious consumers who value both performance and sustainability.
Keywords: Electric Vehicles, Adventure, R1T, R1S, Sustainability, Innovation, Off-road, Direct-to-consumer, Eco-conscious, Technology.