Rivian Earnings Reports

Rivian achieved a positive gross profit of $170 million in Q4 2024 due to cost improvements, higher revenue per unit, and increased average selling prices. The company produced 12,727 vehicles and delivered 14,183, leading to record revenues. Rivian also secured a joint venture with Volkswagen and a $6.6 billion DOE loan to support its expansion. Despite this progress, Rivian reported a net loss of $743 million for the quarter.

Rivian reported Q3 2024 revenues of $874 million, driven by 10,018 vehicle deliveries. The company produced 13,157 vehicles. Rivian reaffirmed its 2024 delivery outlook of 50,500 to 52,000 vehicles and is on track for positive gross profit in Q4 2024.

Rivian reported strong execution in Q2 2024, completing the retooling upgrade at its plant in Normal, IL, producing 9,612 vehicles and delivering 13,790. The company's revenues were $1.158 billion, primarily driven by vehicle deliveries. Rivian also announced a technology joint venture with Volkswagen Group, with a total deal size of up to $5 billion.

Rivian reported Q1 2024 revenues of $1,204 million driven by 13,588 vehicle deliveries. The company produced 13,980 vehicles, exceeding its outlook. Rivian generated a negative gross profit of $(527) million and a net loss of $(1,446) million. They ended the quarter with $7,858 million in cash, cash equivalents, and short-term investments.

Rivian announced its Q4 and full year 2023 financial results, highlighting a 147% increase in deliveries for Q4 compared to the previous year and significant improvements in gross profit per delivered vehicle. The company produced 57,232 vehicles and delivered 50,122 for the full year, exceeding its initial production guidance. Rivian is focused on cost efficiency and is introducing its R2 platform in March.

Rivian published a letter to its shareholders containing the company’s third quarter 2023 financial results.

Rivian Automotive, Inc. published a letter to its shareholders containing the company’s second quarter 2023 financial results.

Rivian Automotive, Inc. released its first quarter 2023 financial results.

Rivian published a letter to its shareholders containing the company’s fourth quarter and full year 2022 financial results.

Rivian Automotive, Inc. published a letter to its shareholders containing the company’s third quarter 2022 financial results.

Rivian Automotive, Inc. published a letter to its shareholders containing the company’s second quarter 2022 financial results.

Rivian Automotive, Inc. published a letter to its shareholders containing the company’s first quarter 2022 financial results.

Rivian published a letter to its shareholders containing the company’s fourth quarter and full year 2021 financial results.

Rivian released its Q3 2021 earnings report, highlighting its commitment to carbon-neutral energy and transportation through the design, development, and manufacture of electric vehicles and accessories.