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How Rivian Automotive (RIVN) makes money
Rivian Automotive (RIVN) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +38% from a year earlier. Automotive brought in $1.6B (72%); Software and services brought in $605M (28%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Automotive | $1.6B | 71.9% | +35% | +36% |
| ↳ New electric vehicles | $1.5B | 68.2% | +42% | +29% |
| ↳ Regulatory credits | $81.0M | 3.8% | -25% | 81× |
| Software and services | $605M | 28.1% | +17% | +45% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +12% |
| Q1 2025 | $1.2B | +3% |
From Rivian Automotive's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Rivian Automotive make money?
Rivian Automotive (RIVN) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +38% from a year earlier. Automotive brought in $1.6B (72%); Software and services brought in $605M (28%).
What is Rivian Automotive's biggest business?
Automotive: $1.6B in the third quarter 2026, 72% of revenue, +36% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.