RIVN (Rivian Automotive) Construction In Progress: $1,605 Mil (As of Mar. 2026)


RIVN Rivian Automotive Inc RIVN
49 GF Score
Price $15.63
GF Value $14.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Rivian Automotive Construction In Progress?

Rivian Automotive RIVN +5.18% 49 Construction In Progress is $1,605 Mil as of Mar. 2026. GuruFocus rates RIVN with a GF Score™ of 49/100 and a GF Value™ of $14.46 (Fairly Valued). The stock has 2 warning signs investors should review.

Rivian Automotive's quarterly construction in progress increased from Sep. 2025 ($1,545 Mil) to Dec. 2025 ($1,712 Mil) but then declined from Dec. 2025 ($1,712 Mil) to Mar. 2026 ($1,605 Mil).

Rivian Automotive's annual construction in progress declined from Dec. 2023 ($698 Mil) to Dec. 2024 ($621 Mil) but then increased from Dec. 2024 ($621 Mil) to Dec. 2025 ($1,712 Mil).

Rivian Automotive Construction In Progress Historical Data

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The historical data trend for Rivian Automotive's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rivian Automotive Construction In Progress Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 760.00 843.00 698.00 621.00 1,712.00

Rivian Automotive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 841.00 1,194.00 1,545.00 1,712.00 1,605.00
RIVN
49GF Score
Rivian Automotive Inc RIVN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Rivian Automotive Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $1,605 Mil mean?
Rivian Automotive (RIVN) has a Construction In Progress of $1,605 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Rivian Automotive and its competitors.
Is Rivian Automotive's Construction In Progress too high?
Rivian Automotive's current Construction In Progress is $1,605 Mil. Overall, Rivian Automotive has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rivian Automotive's Construction In Progress compare to XPEV and LI?
Rivian Automotive's Construction In Progress of $1,605 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Rivian Automotive and its competitors. Rivian Automotive's current Construction In Progress is $1,605 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivian Automotive stock overvalued right now?
Based on GuruFocus' analysis, Rivian Automotive (RIVN) is currently considered Fairly Valued. The stock's GF Value™ is $14.46, compared to a current price of $15.63 — trading 8.1% above its estimated fair value. The current Construction In Progress is $1,605 Mil. Rivian Automotive's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Rivian Automotive (RIVN), the current Construction In Progress is $1,605 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rivian Automotive (RIVN) Overvalued in 2026?

Based on GuruFocus' analysis, Rivian Automotive stock appears to be overvalued. The current stock price of $15.63 is trading 8.1% above its estimated GF Value™ of $14.46. GuruFocus considers Rivian Automotive to be Fairly Valued.

Key valuation signals for RIVN:

  • Construction In Progress: $1,605 Mil
  • GF Value™: $14.46 vs. price of $15.63 (8.1% above fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the RIVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rivian Automotive Business Description

Address 14600 Myford Road, Irvine, CA, USA, 92606
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles and for robotaxis on the Uber ride-hailing network.
49GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.63
Price
$14.46
GF Value