RIVN
Rivian Automotive, Inc.
RIVN's outlook is improving, though it still trails on the overall score.
SE
Sea Limited
SE has the edge over RIVN overall, supported by stronger valuation and stronger fundamentals.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
SE Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Strong |
SE's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
SE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 29x | $74.52 | — |
| Cheap | 37x | $95.38 | +28% |
| Fair | 93x | $242 | +224% |
| Expensive | 688x | $1,783 | +2293% |
Historical ranges are pointers, not guarantees.
SE's PE is in its cheap range at 29x.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over SE on the outlook, with more favorable profitability expectations.
SE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for SE, but weaker profitability.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
SE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $2.59 | +31% |
| Q1 2026 | $2.58 | +82% |
| Q4 2025 | $2.54 | +239% |
| Q3 2025 | $2.30 | +1253% |
| Q2 2025 | $1.97 | +$2.32 |
| Q1 2025 | $1.42 | +2740% |
| Q4 2024 | $0.75 | +213% |
| Q3 2024 | $0.17 | -85% |
SE has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN's revenue is growing: $2.2B last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
SE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $7.8B | +48% |
| Q1 2026 | $7.1B | +47% |
| Q4 2025 | $6.9B | +38% |
| Q3 2025 | $6B | +38% |
| Q2 2025 | $5.3B | +38% |
| Q1 2025 | $4.8B | +30% |
| Q4 2024 | $5B | +37% |
| Q3 2024 | $4.3B | +31% |
SE has the edge over RIVN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 8% | -1.2 points |
| Q1 2026 | 8% | -1.5 points |
| Q4 2025 | 7.8% | +1.7 points |
| Q3 2025 | 8% | +3.3 points |
| Q2 2025 | 9.3% | +7.1 points |
| Q1 2025 | 9.4% | +7.5 points |
| Q4 2024 | 6.2% | +7.7 points |
| Q3 2024 | 4.7% | +8.5 points |
SE has the edge over RIVN on profitability, with a higher operating margin.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
SE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $1.1B | -18% |
| Q1 2026 | $918.9M | +21% |
| Q4 2025 | $0 | -100% |
| Q3 2025 | $1B | +0.8% |
| Q2 2025 | $1.4B | +153% |
| Q1 2025 | $756.9M | +72% |
| Q4 2024 | $931.8M | +252% |
| Q3 2024 | $1B | +86% |
SE has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.9% | +18.3M shares |
| 1 year | +11% | +62.4M shares |
| 3 years | +9.3% | +55.7M shares |
| 5 years | +25% | +131M shares |
| Available history | +41% | +191M shares |
SE has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $414M |
| Q1 2026 | $164M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
SE spent $578M buying back its own shares over the past year, after none the year before.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.2x | Net Cash |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.0x | Healthy |
| Q1 2025 | 1.2x | Healthy |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 2.2x | Moderate |
SE's net debt is less than a year of its operating earnings (EBITDA), down from a year a year ago.
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
SE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.3 | Neutral |
| Stochastic | 5.6 | Oversold |
SE's weekly RSI is 32 (neutral) and its Stochastic is 6 (oversold).
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
SE PE vs Consumer Cyclical Sector
| Metric | SE | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 18x | 60% above |
| PE % | 1 | 47 | 46 pts below |
SE is trading at 29x earnings, a 60% premium to the Consumer Cyclical sector's median of 18x.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
SE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $85.4 | 13% below |
| 20 week MA | $100.0 | 25% below |
| 50 week MA | $100.9 | 26% below |
| 100 week MA | $123.8 | 40% below |
| 200 week MA | $94.2 | 21% below |
SE is in a downtrend: it's below all five of its weekly moving averages, and 21% below its 200-week average.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has the edge over SE on returns for 2026, with the stronger performance.
SE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.3 | $193.2 | +392% |
| 2021 | $193.2 | $222.1 | +15% |
| 2022 | $222.1 | $49.9 | -78% |
| 2023 | $49.9 | $40.5 | -19% |
| 2024 | $40.5 | $108.7 | +168% |
| 2025 | $108.7 | $127.9 | +18% |
| 2026 YTD | $127.9 | $74.5 | -42% |
SE's yearly returns have swung widely, from +392% in 2020 to −78% in 2022. It's down 42% so far in 2026.