NASDAQ$RIVN
Rivian Automotive · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Rivian reported a gross profit of $170 million in Q4 2024, driven by cost improvements and record revenue.
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 a Q4 2024 gross profit of $170 million, marking a significant improvement.
- The company produced 12,727 vehicles and delivered 14,183 during the quarter.
- Total Q4 2024 revenue reached $1.73 billion, driven by increased sales and regulatory credits.
- Rivian secured a joint venture with Volkswagen and a $6.6 billion DOE loan to support expansion.
Headline financials
Revenue & EPS history
Rivian · Revenue · Quarterly
$1.73B
Forward guidance
Rivian expects vehicle deliveries between 46,000 and 51,000 in 2025 while forecasting an Adjusted EBITDA loss between $1.7 billion and $1.9 billion.
Tailwinds
- Expected vehicle deliveries of 46,000 - 51,000 in 2025.
- R2 vehicle platform expected to launch with lower cost structure.
- Joint venture with Volkswagen to improve technology and scale production.
- DOE loan of $6.6 billion will support manufacturing expansion.
- Continued revenue growth from software and regulatory credits.
Headwinds
- Anticipated Adjusted EBITDA loss between $1.7 billion and $1.9 billion.
- High capital expenditures projected at $1.6 billion - $1.7 billion.
- Potential impact from changing government policies and regulations.
- Challenging demand environment for EVs remains a concern.
- Profitability dependent on cost efficiencies and scaling production.
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 Q4 2024
-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
| Quarter | Report date | Reaction (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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