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

Rivian Automotive, Inc. / DE brought in $5.4B of revenue in fiscal 2025, Tesla $94.8B in fiscal 2025. Revenue changed by +8.4% at Rivian Automotive, Inc. / DE and -2.9% at Tesla on the year before, so Rivian Automotive, Inc. / DE grew faster. Rivian Automotive, Inc. / DE kept -67.7% of its revenue as net profit, Tesla 4.0%. Free cash flow was -$2.5B at Rivian Automotive, Inc. / DE and $6.2B at Tesla.

Side by side, latest fiscal year

RIVNTSLA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.4B$94.8B
Revenue growth+8.4%-2.9%
Net income-$3.6B$3.8B
Net margin-67.7%4.0%
Free cash flow-$2.5B$6.2B
Free cash flow margin-46.2%6.6%
Earnings per share (diluted)-$3.07$1.08
Cash$3.6B$16.5B
Debt$4.4B$6.6B
Price to earningsn/a344.6
Market value$22.4B$1.47T
Dividend yieldn/an/a
Rank by revenue in sector#117 of 451 · Industrials#3 of 451 · Industrials

Over the years

Revenue
RIVN FY2019: $0RIVN FY2021: $0RIVN FY2021: $55MRIVN FY2022: $1.7BRIVN FY2023: $4.4BRIVN FY2024: $5BRIVN FY2025: $5.4BTSLA FY2018: $21.5BTSLA FY2019: $24.6BTSLA FY2020: $31.5BTSLA FY2021: $53.8BTSLA FY2022: $81.5BTSLA FY2023: $96.8BTSLA FY2024: $97.7BTSLA FY2025: $94.8BFY18FY19FY20FY21FY22FY23FY24FY25
RIVN $5.4BTSLA $94.8B
Net income
RIVN FY2019: -$426MRIVN FY2021: -$1BRIVN FY2021: -$4.7BRIVN FY2022: -$6.8BRIVN FY2023: -$5.4BRIVN FY2024: -$4.7BRIVN FY2025: -$3.6BTSLA FY2018: -$976MTSLA FY2019: -$862MTSLA FY2020: $721MTSLA FY2021: $5.5BTSLA FY2022: $12.6BTSLA FY2023: $15BTSLA FY2024: $7.1BTSLA FY2025: $3.8BFY18FY19FY20FY21FY22FY23FY24FY25
RIVN -$3.6BTSLA $3.8B
Net margin
RIVN FY2021: -8,523.6%RIVN FY2022: -407.2%RIVN FY2023: -122.5%RIVN FY2024: -95.5%RIVN FY2025: -67.7%TSLA FY2018: -4.5%TSLA FY2019: -3.5%TSLA FY2020: 2.3%TSLA FY2021: 10.3%TSLA FY2022: 15.4%TSLA FY2023: 15.5%TSLA FY2024: 7.3%TSLA FY2025: 4.0%FY18FY19FY20FY21FY22FY23FY24FY25
RIVN -67.7%TSLA 4.0%
Revenue growth
RIVN FY2022: +2,914.5%RIVN FY2023: +167.4%RIVN FY2024: +12.1%RIVN FY2025: +8.4%TSLA FY2019: +14.5%TSLA FY2020: +28.3%TSLA FY2021: +70.7%TSLA FY2022: +51.4%TSLA FY2023: +18.8%TSLA FY2024: +0.9%TSLA FY2025: -2.9%FY19FY20FY21FY22FY23FY24FY25
RIVN +8.4%TSLA -2.9%
Free cash flow
RIVN FY2019: -$552MRIVN FY2021: -$1.8BRIVN FY2021: -$4.4BRIVN FY2022: -$6.4BRIVN FY2023: -$5.9BRIVN FY2024: -$2.9BRIVN FY2025: -$2.5BTSLA FY2018: -$3MTSLA FY2019: $1.1BTSLA FY2020: $2.8BTSLA FY2021: $5BTSLA FY2022: $7.6BTSLA FY2023: $4.4BTSLA FY2024: $3.6BTSLA FY2025: $6.2BFY18FY19FY20FY21FY22FY23FY24FY25
RIVN -$2.5BTSLA $6.2B

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

Questions about Rivian Automotive, Inc. / DE and Tesla

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

Tesla is bigger by revenue: $94.8B in fiscal 2025, against $5.4B for Rivian Automotive, Inc. / DE in fiscal 2025.

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

Rivian Automotive, Inc. / DE had a net margin of -67.7% in fiscal 2025; Tesla had 4.0% in fiscal 2025.

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

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

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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