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Oshkosh vs Rivian Automotive, Inc. / DE: revenue, profit, margins and growth compared

Oshkosh brought in $10.4B of revenue in fiscal 2025, Rivian Automotive, Inc. / DE $5.4B in fiscal 2025. Revenue changed by -2.9% at Oshkosh and +8.4% at Rivian Automotive, Inc. / DE on the year before, so Rivian Automotive, Inc. / DE grew faster. Oshkosh kept 6.2% of its revenue as net profit, Rivian Automotive, Inc. / DE -67.7%. Free cash flow was $618M at Oshkosh and -$2.5B at Rivian Automotive, Inc. / DE.

Side by side, latest fiscal year

OSKRIVN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.4B$5.4B
Revenue growth-2.9%+8.4%
Net income$647M-$3.6B
Net margin6.2%-67.7%
Free cash flow$618M-$2.5B
Free cash flow margin5.9%-46.2%
Earnings per share (diluted)n/a-$3.07
Cash$479.8M$3.6B
Debt$1.1B$4.4B
Price to earningsn/an/a
Market value$8.2B$22.4B
Dividend yield1.54%n/a
Rank by revenue in sector#63 of 451 · Industrials#117 of 451 · Industrials

Over the years

Revenue
OSK FY2018: $7.7BOSK FY2019: $8.4BOSK FY2020: $6.9BOSK FY2021: $7.7BOSK FY2022: $8.3BOSK FY2023: $9.7BOSK FY2024: $10.7BOSK FY2025: $10.4BRIVN FY2019: $0RIVN FY2021: $0RIVN FY2021: $55MRIVN FY2022: $1.7BRIVN FY2023: $4.4BRIVN FY2024: $5BRIVN FY2025: $5.4BFY18FY19FY20FY21FY22FY23FY24FY25
OSK $10.4BRIVN $5.4B
Net income
OSK FY2018: $471.9MOSK FY2019: $579.4MOSK FY2020: $321.5MOSK FY2021: $508.9MOSK FY2022: $173.9MOSK FY2023: $598MOSK FY2024: $681.4MOSK FY2025: $647MRIVN FY2019: -$426MRIVN FY2021: -$1BRIVN FY2021: -$4.7BRIVN FY2022: -$6.8BRIVN FY2023: -$5.4BRIVN FY2024: -$4.7BRIVN FY2025: -$3.6BFY18FY19FY20FY21FY22FY23FY24FY25
OSK $647MRIVN -$3.6B
Net margin
OSK FY2018: 6.1%OSK FY2019: 6.9%OSK FY2020: 4.7%OSK FY2021: 6.6%OSK FY2022: 2.1%OSK FY2023: 6.2%OSK FY2024: 6.4%OSK FY2025: 6.2%RIVN FY2021: -8,523.6%RIVN FY2022: -407.2%RIVN FY2023: -122.5%RIVN FY2024: -95.5%RIVN FY2025: -67.7%FY18FY19FY20FY21FY22FY23FY24FY25
OSK 6.2%RIVN -67.7%
Revenue growth
OSK FY2019: +8.8%OSK FY2020: -18.2%OSK FY2021: +12.8%OSK FY2023: +16.6%OSK FY2024: +11.1%OSK FY2025: -2.9%RIVN FY2022: +2,914.5%RIVN FY2023: +167.4%RIVN FY2024: +12.1%RIVN FY2025: +8.4%FY19FY20FY21FY22FY23FY24FY25
OSK -2.9%RIVN +8.4%
Free cash flow
OSK FY2018: $341MOSK FY2019: $420.7MOSK FY2020: $215MOSK FY2021: $1.1BOSK FY2022: $331.8MOSK FY2023: $274.3MOSK FY2024: $269.1MOSK FY2025: $618MRIVN FY2019: -$552MRIVN FY2021: -$1.8BRIVN FY2021: -$4.4BRIVN FY2022: -$6.4BRIVN FY2023: -$5.9BRIVN FY2024: -$2.9BRIVN FY2025: -$2.5BFY18FY19FY20FY21FY22FY23FY24FY25
OSK $618MRIVN -$2.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about Oshkosh and Rivian Automotive, Inc. / DE

Which is bigger by revenue, Oshkosh or Rivian Automotive, Inc. / DE?

Oshkosh is bigger by revenue: $10.4B in fiscal 2025, against $5.4B for Rivian Automotive, Inc. / DE in fiscal 2025.

Which keeps more of its revenue as profit, Oshkosh or Rivian Automotive, Inc. / DE?

Oshkosh had a net margin of 6.2% in fiscal 2025; Rivian Automotive, Inc. / DE had -67.7% in fiscal 2025.

Which grew revenue faster, Oshkosh or Rivian Automotive, Inc. / DE?

In their latest fiscal years revenue changed by -2.9% at Oshkosh and +8.4% at Rivian Automotive, Inc. / DE.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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