Mar 31, 2023

Rivian Q1 2023 Earnings Report

Published shareholder letter containing the company’s first quarter 2023 financial results.

Key Takeaways

Rivian Automotive, Inc. released its first quarter 2023 financial results.

Total Revenue
$661M
Previous year: $95M
+595.8%
EPS
-$1.25
Previous year: -$1.43
-12.6%
Gross Profit
-$535M
Previous year: -$502M
+6.6%
Cash and Equivalents
$11.2B
Previous year: $16.4B
-31.6%
Free Cash Flow
-$1.8B
Previous year: -$1.45B
+24.2%
Total Assets
$18.2B
Previous year: $21.3B
-14.6%

Rivian

Rivian