As of Q4'25, Rivian's cash and short-term investments stand at USD 6.08B, while its debt is reported at USD 4.99B. This marks a continued narrowing of the gap between cash reserves and debt levels at the latest data point in the period covered. From Q1'23 to Q4'25, Rivian's cash and short-term investments have shown a declining trend, dropping from USD 11.24B to USD 6.08B, with notable decreases particularly after Q2'23 and again in the latter half of 2025. Debt levels remained relatively stable until Q3'23, after which they increased sharply in Q4'23 and Q2'24, peaking at USD 6.3B in Q2'24 before slightly declining. Overall, the data highlights a significant reduction in liquidity alongside a moderate rise in debt, indicating tightening financial flexibility over the observed period.