RIVN
Rivian Automotive, Inc.17.90
-0.80-4.28%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
21.94BP/E (TTM)
-Basic EPS (TTM)
-3.10Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Rivian Q2 loss amid VW boost
Rivian reported Q2 2025 results with 10,661 deliveries and $1.3 billion in revenue, but swung to a $206 million gross loss from Q1's profit, hit by supply chain snags and trade policy shifts. The $1 billion Volkswagen equity infusion at a 33% premium bolsters the joint venture, while R2 production prep advances on track for 2026 launch. Yet policy uncertainties inflate adjusted EBITDA losses to $2.0-$2.25 billion for the year. Cash burn persists.
10-Q
Q2 FY2025 results
Rivian posted Q2 revenue of $1.3B, up 12% y/y but down 5% q/q (derived), fueled by a surge in software and services to $376M from the Volkswagen joint venture, while automotive dipped to $927M on 10,661 deliveries versus 13,790 last year. Gross loss narrowed to $206M from $451M y/y, with automotive margins improving amid cost cuts, though software turned profitable at $129M; operating loss eased to $1.1B from $1.4B. Cash burn slowed sharply to $124M used in operations for H1, ending with $4.8B cash and $2.7B short-term investments, bolstered by $750M equity from Volkswagen; total debt held steady at $4.4B, with $1.0B ABL availability. The company refinanced $1.3B notes at 10% due 2031 and eyes DOE loan funding for Georgia plant. Yet supply chain snarls from tariffs linger.
8-K
Rivian lands $1B VW investment
Rivian secured a $1 billion equity investment from Volkswagen Group on June 30, 2025, issuing 51,502,854 shares at $19.42 each—a 33% premium to the 30-day VWAP—bolstering its $5.8 billion joint venture. Q2 production hit 5,979 vehicles while deliveries reached 10,661, aligning with outlook amid model year 2026 preparations. This cash infusion strengthens Rivian's balance sheet for expansion. Forward-looking delivery guidance holds at 40,000-46,000 for 2025.
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