Rivian Automotive Files Q1 2024 10-Q
Ticker: RIVN · Form: 10-Q · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, automotive, EV
Related Tickers: TSLA, F, GM, NIO, LCID
TL;DR
Rivian's Q1 2024 10-Q is in: check financials and operations.
AI Summary
Rivian Automotive, Inc. filed its 10-Q for the period ending March 31, 2024. The company reported its financial results and operational updates. Key financial data and balance sheet information as of March 31, 2024, and comparative periods were disclosed.
Why It Matters
This filing provides investors with the latest financial performance and operational status of Rivian, a key player in the electric vehicle market.
Risk Assessment
Risk Level: medium — As an automotive manufacturer in a competitive and capital-intensive industry, Rivian faces inherent risks related to production, supply chain, and market demand.
Key Numbers
- N/A — Revenue (Specific revenue figures for Q1 2024 are not directly extracted from this header-level data.)
- N/A — Net Loss (Specific net loss figures for Q1 2024 are not directly extracted from this header-level data.)
- N/A — Cash and Equivalents (Specific cash and equivalents figures for Q1 2024 are not directly extracted from this header-level data.)
Key Players & Entities
- Rivian Automotive, Inc. (company) — Filer of the 10-Q
- 20240331 (date) — End of the reporting period
- 20240507 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period is for the quarter ended March 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 7, 2024.
What is Rivian's Standard Industrial Classification (SIC) code?
Rivian's SIC code is 3711, which corresponds to MOTOR VEHICLES & PASSENGER CAR BODIES.
What is the company's state of incorporation?
Rivian Automotive, Inc. is incorporated in Delaware (DE).
What is the company's fiscal year end?
Rivian's fiscal year ends on December 31.
From the Filing
0001874178-24-000042.txt : 20240507 0001874178-24-000042.hdr.sgml : 20240507 20240507171722 ACCESSION NUMBER: 0001874178-24-000042 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 73 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rivian Automotive, Inc. / DE CENTRAL INDEX KEY: 0001874178 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41042 FILM NUMBER: 24923252 BUSINESS ADDRESS: STREET 1: 14600 MYFORD ROAD CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: (888) 748-4261 MAIL ADDRESS: STREET 1: 14600 MYFORD ROAD CITY: IRVINE STATE: CA ZIP: 92618 10-Q 1 rivn-20240331.htm 10-Q rivn-20240331 0001874178 12/31 2024 Q1 false Rivian Automotive, Inc. / DE 458 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure rivn:newJob rivn:job rivn:existingFull-timeJob 0001874178 2024-01-01 2024-03-31 0001874178 us-gaap:CommonClassAMember 2024-04-23 0001874178 us-gaap:CommonClassBMember 2024-04-23 0001874178 2023-12-31 0001874178 2024-03-31 0001874178 2023-01-01 2023-03-31 0001874178 us-gaap:CommonStockMember 2022-12-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001874178 us-gaap:RetainedEarningsMember 2022-12-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001874178 2022-12-31 0001874178 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001874178 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001874178 us-gaap:CommonStockMember 2023-03-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001874178 us-gaap:RetainedEarningsMember 2023-03-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001874178 2023-03-31 0001874178 us-gaap:CommonStockMember 2023-12-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001874178 us-gaap:RetainedEarningsMember 2023-12-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001874178 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001874178 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001874178 us-gaap:CommonStockMember 2024-03-31 0001874178 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001874178 us-gaap:RetainedEarningsMember 2024-03-31 0001874178 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001874178 us-gaap:RevenueFromContractWithCustomerMember us-gaap:CustomerConcentrationRiskMember rivn:ChaseBankMember 2024-01-01 2024-03-31 0001874178 us-gaap:CashMember us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001874178 us-gaap:CashMember us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001874178 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MoneyMarketFundsMember 2023-12-31 0001874178 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MoneyMarketFundsMember 2024-03-31 0001874178 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialPaperMember us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001874178 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialPaperMember us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001874178 rivn:TermDepositsMember us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001874178 us-gaap:FairValueInputsLevel2Member rivn:TermDepositsMember us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001874178 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMemb