RIVN
Rivian Automotive, Inc.
RIVN lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
WKHS
Workhorse Group Inc.
There isn't enough reported data to score WKHS yet.
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.
WKHS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Strong |
WKHS's revenue and balance sheet are currently strong, but its profitability and cash flow are under pressure.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
WKHS PE Valuation
WKHS has no meaningful PE right now: it lost money over the past year.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RIVN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
WKHS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect WKHS's losses to shrink, with revenue growing.
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 |
WKHS has the stronger earnings trend. Trailing diluted EPS is down 173% for RIVN versus WKHS down 163%.
WKHS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2024 | -$1,227.00 | +$723.00 |
| Q2 2024 | -$1,500.00 | +$690.00 |
| Q1 2024 | -$1,650.00 | +$570.00 |
| Q4 2023 | -$1,800.00 | +$420.00 |
| Q3 2023 | -$1,950.00 | +$2,430.00 |
| Q2 2023 | -$2,190.00 | +$3,840.00 |
| Q1 2023 | -$2,220.00 | +$4,470.00 |
| Q4 2022 | -$2,220.00 | +$7,140.00 |
WKHS is still losing money, but far less than before: $1,227.00 per share over the past year, against $9,360.00 at its worst in late 2021.
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 has the edge over WKHS on sales, with more consistent year-over-year improvement.
| 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 has the edge over WKHS on profitability, with a higher operating margin.
WKHS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.6M | -37% |
| Q1 2026 | $4.3M | +575% |
| Q4 2025 | $12.5M | +550% |
| Q3 2025 | $2.4M | -5% |
| Q2 2025 | $5.7M | +573% |
| Q1 2025 | $640.9K | -52% |
| Q4 2024 | $1.9M | -56% |
| Q3 2024 | $2.5M | -17% |
WKHS's revenue is growing: $4M last quarter, down 37% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -545% | -290 points |
| Q1 2026 | -487% | +1516 points |
| Q4 2025 | -29% | +775 points |
| Q3 2025 | -694% | -130 points |
| Q2 2025 | -255% | +2180 points |
| Q1 2025 | -2003% | -231 points |
| Q4 2024 | -804% | -5.7 points |
| Q3 2024 | -565% | +131 points |
WKHS's operating margin was −545% last quarter, down 290 points from the same quarter a year ago.
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.
WKHS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$24.2M | -$18.4M |
| Q1 2026 | -$16.6M | -$8.5M |
| Q4 2025 | -$11.1M | -$3.6M |
| Q3 2025 | -$11M | -$666.6K |
| Q2 2025 | -$5.9M | +$7M |
| Q1 2025 | -$8.2M | +$12.8M |
| Q4 2024 | -$7.5M | +$22.1M |
| Q3 2024 | -$10.3M | +$25.5M |
WKHS has burned cash in almost every quarter: −$63M over the past year, against −$32M the year before.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has the edge over WKHS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
WKHS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +8.4% | +840K shares |
| 1 year | +2854% | +10.5M shares |
| 3 years | +20224% | +10.8M shares |
| 5 years | +30217% | +10.8M shares |
| Available history | +49104% | +10.8M shares |
WKHS has 11M diluted shares, up 2854% from a year ago.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
WKHS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2021 | -2.4x | Net Cash |
| Q2 2021 | -1.4x | Net Cash |
| Q1 2021 | -1.5x | Net Cash |
| Q4 2020 | -0.2x | Net Cash |
WKHS has more cash than debt.
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).
WKHS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.8 | Neutral |
| Stochastic | 34.0 | Neutral |
WKHS's weekly RSI is 43 (neutral) and its Stochastic is 34 (neutral).
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
WKHS PE vs Consumer Cyclical Sector
| Metric | WKHS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
WKHS has no meaningful PE right now: it lost money over the past year.
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.
WKHS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.89 | 4.5% above |
| 20 week MA | $2.92 | 3.4% above |
| 50 week MA | $3.58 | 16% below |
| 100 week MA | $19.0 | 84% below |
| 200 week MA | $841.8 | 100% below |
WKHS has the edge over RIVN on trend strength, trading above more of its moving averages.
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 WKHS on returns for 2026, with the stronger performance.
WKHS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9,660.0 | $68,910.0 | +613% |
| 2021 | $68,910.0 | $15,540.0 | -77% |
| 2022 | $15,540.0 | $4,920.0 | -68% |
| 2023 | $4,920.0 | $1,080.0 | -78% |
| 2024 | $1,080.0 | $118.2 | -89% |
| 2025 | $118.2 | $5.59 | -95% |
| 2026 YTD | $5.59 | $3.02 | -46% |
WKHS has finished five years in a row lower, and it's down 46% so far in 2026.