Rivian Automotive, Inc. (RIVN) Research & Development Expenses
The r&d expense for Rivian Automotive, Inc. (RIVN) is $1.67 Billion with a year-over-year change of +3.41%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
RIVN R&D Expense Chart
Current R&D Expense
$1.67B
$1.67 Billion
Year-over-Year Change
+3.41%
vs. $1.61B prior year
Historical Data
7
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $1.67B | +$55.00M | +3.41% |
| 2024 | $1.61B | $-382.00M | -19.15% |
| 2023 | $2.00B | +$51.00M | +2.62% |
| 2022 | $1.94B | +$94.00M | +5.08% |
| 2021 | $1.85B | +$1.08B | +141.51% |
| 2020 | $766.00M | +$465.00M | +154.49% |
| 2019 | $301.00M | — | — |
About Rivian Automotive, Inc.
Rivian Automotive, Inc. specializes in the design, engineering, and manufacturing of electric vehicles and related accessories. The company produces five-passenger electric pickup trucks and sport utility vehicles for individual consumers. Furthermore, Rivian develops a commercial electric delivery van platform, notably in partnership with Amazon.com. This firm markets its products directly to customers across both the consumer and commercial sectors. Founded in 2009, Rivian Automotive, Inc. maintains its primary operations in San Jose, California.
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- CEO
- Robert Joseph Scaringe