Rivian Automotive, Inc. announced its Q4 and full-year 2025 financial results today, causing shares to rise 20% in premarket trading after the release.
The company delivered $120 million in consolidated gross profit for Q4 and $144 million for the full year 2025, a more than $1.3 billion improvement compared to the full year 2024
It also reported outstanding reviews of pre-production R2, with customer deliveries expected in the second quarter of 2026.
Rivian stated: “In mid-January, Rivian marked a key step with the completion of its first R2 manufacturing validation builds using production tools and processes at its plant in Normal, Illinois. R2’s launch variant will be a well-equipped Dual-Motor AWD Vehicle. The company expects to provide additional product and line-up details on March 12.”
Rivian reported revenue of $1.286 billion for the quarter, a decrease of about 27% compared to the previous year. The company attributed the revenue drop to the loss of regulatory emissions credit sales, the end of the federal EV tax credit, and reduced average selling prices.
Rivian Founder and CEO RJ Scaringe said: “In 2025 we focused on execution as we laid the foundation for dramatically scaling our business. Our Autonomy & AI Day in December unveiled our RAP1 Autonomy Processor, our autonomous driving platform and our AI-driven in-car Rivian Assistant. It’s incredibly exciting to see the early strong reviews of the R2 pre-production builds, and we can’t wait to get them to our customers next quarter.”
Following the release, Scaringe told reporters, “This is for us a really key inflection here, where we’re going to demonstrate the long term profitability of the business with R2, such an important program for us in terms of adding scale to business.”
The company expects 2026 vehicle deliveries of 62,000 to 67,000 units, which meets Wall Street estimates of around 63,400 units.
By CEO NA Editorial Staff
