NASDAQ$RIVN

Rivian Automotive · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Rivian reported Q1 2025 revenue of $1.2B with a net loss of $1.4B and diluted EPS of $(1.48).

Total revenue was $1.2 billion as deliveries and regulatory-credit dynamics evolved. The company posted a net loss of $1.4 billion, or $1.48 per diluted share, while investing in R2 development and cost improvements across manufacturing.

  • Q1 revenue $1.2B.
  • Net loss $1.4B; diluted EPS $(1.48).
  • Vehicle deliveries and ASP trends in focus.
  • Joint venture and capital intensity remain key.

Headline financials

Total Revenue

$1.24B

Previous: $1.2B+3.0%
EPS (adj)

-$1.48

Previous: -$1.48+0.0%
Vehicles Produced

14.6K

No prior period
Vehicles Delivered

8.6K

No prior period
Adjusted EBITDA

-$329M

No prior period
Capital Expenditures

$338M

No prior period
Net Income

-$545M

Previous: -$1.45B+62.3%
Operating Income

-$655M

Previous: -$1.48B+55.9%
Gross Profit

$206M

Previous: -$527M+139.1%

Revenue & EPS history

Rivian · Revenue · Quarterly

$1.24B

Q1 2025+3%vs Q1 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Rivian focuses on production ramp, R2 development, and cost per vehicle; no near-term profitability guide in the 10-Q.

Tailwinds

  • R2 platform and manufacturing efficiency goals.
  • Delivery growth and margin improvement path.
  • Balance-sheet liquidity supports operations.

Headwinds

  • Heavy quarterly losses until scale.
  • EV competition and pricing pressure.
  • Capital intensity of new models.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.6%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-3.1%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+26.6%

Q4 2025

Best reaction

-27.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-11.7%-0.6%
Q4 2025+26.6%+15.4%+6.1%
Q3 2025+17.2%+31.3%+43.6%
Q1 2025-5.6%+8.4%+3.7%
Q4 2024-4.7%-16.2%-14.8%
Q3 2024+9.1%+9.0%+33.9%
Q2 2024-5.6%-4.5%-6.0%
Q1 2024-0.6%-3.3%+13.6%
Q4 2023-27.9%-32.7%-32.0%
Q3 2023-1.0%-10.4%+11.7%
Q2 2023-7.9%-11.2%-3.5%
Q1 2023+1.7%-6.9%+1.3%
Q4 2022-14.6%-8.3%-22.0%
Q3 2022+3.5%+7.9%-14.3%
Q2 2022+4.0%+2.2%+0.4%
Q2 2021+4.0%+2.2%+0.4%
Q1 2022+6.6%+9.1%+24.4%
Q1 2021+6.6%+9.1%+24.4%
Q4 2019-10.7%-18.9%-41.9%
Q4 2021-13.4%-15.8%-11.7%
Q4 2020-17.4%-11.5%-26.6%
Q3 2021-15.0%-15.8%-30.5%
Q3 2020-15.0%-15.8%-30.5%
Q2 2020
Q1 2020

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