Rivian Automotive carried out its fourth quarter and full-year 2025 earnings name on February 12, 2026, the place executives outlined key achievements and ahead steerage. CEO and Founder RJ Scaringe, CFO Claire McDonough, and COO Javier Varela highlighted progress towards profitability and the upcoming R2 automobile launch.2434
Manufacturing and Deliveries
Rivian produced 10,974 autos at its Regular, Illinois facility in This autumn 2025 and delivered 9,745 to clients. For the complete yr, manufacturing reached 42,284 items, with deliveries totaling 42,247, aligning with prior expectations regardless of an 18% year-over-year decline.3839
Monetary Outcomes
Consolidated revenues for This autumn stood at $1.286 billion, down from $1.734 billion in This autumn 2024 however surpassing analyst estimates of round $1.26 billion. Automotive revenues fell to $839 million, impacted by decrease regulatory credit, diminished demand post-EV tax credit score expiration, and a shift to lower-priced EDV fashions. Software program and providers revenues surged 109% to $447 million, pushed by Volkswagen three way partnership contributions, automobile trade-ins, and upkeep providers.3438
The corporate achieved $120 million in consolidated gross revenue for the quarter and $144 million for the complete yr, marking its first annual constructive gross revenue and a $1.3 billion enchancment. Full-year revenues reached roughly $5.3 billion, up 8% year-over-year. Adjusted EBITDA loss narrowed to $465 million in This autumn, beating expectations, with adjusted EPS at -$0.59 versus forecasts of -$0.69.5435
2026 Outlook
Rivian initiatives 62,000 to 67,000 automobile deliveries for 2026, incorporating the R2 manufacturing ramp-up beginning in Q2. Executives anticipate an adjusted EBITDA lack of $1.8 billion to $2.1 billion and capital expenditures of $1.95 billion to $2.05 billion. Delivering a powerful exit charge for R2 stays a high precedence.5742
Strategic Developments
The R2 platform stays on observe for early 2026 manufacturing, with validation builds full. The Volkswagen partnership fuels software program income progress. Rivian emphasised its shareholder letter, filed with the SEC, for detailed insights. Administration cautioned that forward-looking statements carry dangers outlined in SEC filings.2628
