RIVNRivian Automotive, Inc. / DE
Motor Vehicles & Passenger Car Bodies
- Revenue
- $5.4B
- 8.4% YoY
- Operating margin
- -66.5%
- 29% YoY
- EBITDA
- −$2.8B
- 23% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.0B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired14% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $55M | $1.7B | $4.4B | $5.0B | $5.4B | 8.4% |
| Operating income | −$4.2B | −$6.9B | −$5.7B | −$4.7B | −$3.6B | 24% |
| Net income | −$4.7B | −$6.8B | −$5.4B | −$4.7B | −$3.6B | 23% |
| Operating cash flow | −$2.6B | −$5.1B | −$4.9B | −$1.7B | −$779M | 55% |
| Capex | $1.8B | $1.4B | $1.0B | $1.1B | $1.7B | 50% |
| Stock-based comp | $570M | $987M | $821M | $692M | $741M | 7.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $469K · 2
- Net
- −$469K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $403M | $443M | 20 | 108 |
| FY2024 | $15M | −$99M | 13 | 95 |
| FY2023 | $14M | $36M | 23 | 77 |
| FY2022 | $1M | −$2.0B | 18 | 53 |
| FY2021 | $422M | $2.3B | 103 | 97 |