Rivian Automotive is a U.S. electric vehicle maker focused on R1 adventure vehicles, commercial delivery vans, software-defined vehicle technology, charging, and fleet services. Rivian reported FY2025 revenue of $5.387B, a net loss of $3.646B, 42,284 vehicles produced, 42,247 vehicles delivered, and 15,232 employees.
Rivian: Latest Financials
Rivian reported FY2025 revenue of $5.387B, up from $4.970B in FY2024 and $4.434B in FY2023. Net loss narrowed to $3.646B in 2025 from $4.747B in 2024. The company also reported positive gross profit for FY2025, a milestone that changed the unit-economics narrative even though net income remained deeply negative.
Current Operating Context
In Q1 2026, Rivian reported $1.381B in revenue, a $416M net loss, 10,236 vehicles produced, and 10,365 vehicles delivered.
Why It Matters
The strategic pivot is from credibility to cost. Rivian has proven it can design desirable EVs; the next question is whether it can build them at a cost that makes the company sustainably profitable.
