Earnings Summary

Rivian Automotive, Inc.’s revenue jumped 82.15% since last year same period to $1204Mn in the Q1 2024. On a quarterly growth basis, Rivian Automotive, Inc. has generated -8.44% fall in its revenue since last 3-months.

Rivian Automotive, Inc.’s net profit fell -7.19% since last year same period to $-1446Mn in the Q1 2024. On a quarterly growth basis, Rivian Automotive, Inc. has generated 4.93% jump in its net profits since last 3-months.

Rivian Automotive, Inc.’s net profit margin jumped 41.15% since last year same period to -120.1% in the Q1 2024. On a quarterly growth basis, Rivian Automotive, Inc. has generated -3.83% fall in its net profit margins since last 3-months.

Rivian Automotive, Inc.’s earning per share (EPS) estimates for the current year stand at -1.17.

Rivian Automotive, Inc.’s earning per share (EPS) jumped 0.8% since last year same period to -1.24 in the Q1 2024. This indicates that the Rivian Automotive, Inc. has generated 0.8% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rivian Automotive, Inc.’s return on assets (ROA) stands at -0.21.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rivian Automotive, Inc.’s return on equity (ROE) stands at -0.53.