Jun 30, 2023

Rivian Q2 2023 Earnings Report

Rivian released its second quarter 2023 financial results.

Key Takeaways

Rivian Automotive, Inc. published a letter to its shareholders containing the company’s second quarter 2023 financial results.

Total Revenue
$1.12B
Previous year: $364M
+208.0%
EPS
-$1.08
Previous year: -$1.62
-33.3%
Gross Profit
-$412M
Previous year: -$704M
-41.5%
Cash and Equivalents
$9.26B
Previous year: $14.9B
-37.9%
Free Cash Flow
-$1.62B
Previous year: -$1.56B
+3.4%
Total Assets
$17.2B
Previous year: $20.2B
-14.6%

Rivian

Rivian

Forward Guidance

No forward guidance was provided in the press release.