Company / R&D Expense
Rivian Automotive, Inc. / DE R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.7B
FY2025
5-year range
$766.0M / $2.0B
FY2021-FY2025
Trend
+3.4%
vs FY2024
Sector context
#4 of 54
Consumer Discretionary
What the data says
Among 54 Consumer Discretionary companies, Rivian Automotive, Inc. / DE is in the top 7% for r&d expense. R&D Expense has fluctuated over the past 7 years, ranging from $301M in FY2019 to $2.0B in FY2023.
Based on SEC 10-K filings.
$1.7B in FY2025 with a 5-year CAGR of +16.8%. Top quartile in the Consumer Discretionary sector.
Declined from $2.0B to $1.7B over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +29.6%
- 5-Year CAGR
- +16.8%
- 10-Year CAGR
- -
Sector benchmark
+169.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.8%, indicating consistent growth.
- In FY2025, r&d expense increased 3.4% year-over-year.
- Ranks #4 out of 54 companies in the Consumer Discretionary sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score -1.50 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.7B | +3.4% |
| FY2024 | $1.6B | -19.1% |
| FY2023 | $2.0B | +160.4% |
| FY2022 | $766.0M | -58.6% |
| FY2021 | $1.9B | +141.5% |
| FY2020 | $766.0M | +154.5% |
| FY2019 | $301.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026