Rivian Automotive(RIVN)
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Rivian Q3 Earnings Beat Expectations, Revenues Increase Y/Y
ZACKS· 2025-11-06 16:51
Core Insights - Rivian Automotive reported a narrower loss of 70 cents per share in Q3 2025, compared to a loss of $1.03 in the same period last year, and better than the Zacks Consensus Estimate of a loss of 72 cents [1][10] - Revenues reached $1.56 billion, exceeding the Zacks Consensus Estimate of $1.46 billion, and reflecting a year-over-year increase of 78.2% driven by higher vehicle deliveries [1][10] Q3 Highlights - Total production for the quarter was 10,720 units, a decrease from 13,157 units year-over-year [2] - Vehicle deliveries increased to 13,201 units from 10,018 units in the prior year [2] Financial Performance - Gross profit was $24 million, a significant improvement from a gross loss of $392 million in the prior-year quarter, resulting in a gross margin of 2% [3][10] - Adjusted operating expenses rose to $1 billion from $777 million year-over-year [3] - Adjusted loss before interest, taxes, depreciation, and amortization improved to $602 million from $757 million in Q3 2024 [3] Cash Flow and Expenditures - Net cash provided by operating activities was $26 million, a turnaround from $876 million used in the prior-year quarter [4] - Capital expenditures for Q3 were $447 million, up from $277 million in the same period last year [4] - Free cash outflow for the quarter was $421 million [4] Segment Performance - The Automotive segment generated revenues of $1.14 billion, a 47.2% increase year-over-year, with a gross loss of $130 million, improved from a gross loss of $379 million in the prior-year quarter [5] - The Software and Services segment saw revenues of $416 million, more than tripling year-over-year, with a gross profit of $154 million compared to a loss of $13 million in the same quarter last year [6] Financial Position - As of September 30, 2025, Rivian had $7.09 billion in cash and cash equivalents, down from $7.7 billion at the end of 2024 [7] - Long-term debt was $4.438 billion, slightly decreased from $4.441 billion at the end of 2024 [7] Guidance Update - Rivian revised its 2025 delivery guidance to 41,500-43,500 units, down from the previous estimate of 40,000-46,000 vehicles [8] - Adjusted EBITDA is expected to remain negative, projected between $2 billion and $2.25 billion [8] - Capital expenditure expectations are reaffirmed to be between $1.8 billion and $1.9 billion [8]
Buy Or Sell Rivian Automotive Stock?
Forbes· 2025-11-06 13:40
Core Insights - Rivian Automotive (RIVN) shares surged by 23% to $15.42 following better-than-expected Q3 2025 results, with revenue increasing by 78% year-over-year to $1.56 billion and gross profit turning positive at $24 million, ending two quarters of losses [1][6] - The company plans to launch a more affordable R2 SUV in the first half of 2026, which is expected to further enhance revenue growth [1] Financial Performance - Rivian's revenue has grown at an average rate of 103% over the last three years, with a 28% increase from $4.6 billion to $5.8 billion in the past 12 months [6] - Quarterly revenues rose by 78.3% to $1.6 billion from $874 million a year prior [6] - The operating income for the last 12 months was reported at -$3.4 billion, with a net income of nearly -$3.6 billion, indicating significant losses [9] Market Position - Rivian has a market capitalization of $19 billion and specializes in electric pickup trucks, SUVs, and commercial delivery vans [5] - The stock has experienced a significant decline of 93% from its peak of $172.01 in November 2021 to $12.00 in April 2023, compared to a 25.4% drop in the S&P 500 during the same period [10] Debt and Cash Flow - Rivian's debt stood at $6.5 billion, resulting in a debt-to-equity ratio of 34.9% [9] - The company has a cash-to-assets ratio of 46.6%, with cash and cash equivalents amounting to $7.1 billion out of total assets of $15 billion [9]
Rivian (RIVN) Soars 23% on Revenue Jump
Yahoo Finance· 2025-11-06 10:43
We recently published 10 Big Names Leading Wall Street Gains. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best-performing stocks on Wednesday. Rivian recovered by 23.36 percent on Wednesday to close at $15.42 apiece as investors cheered its revenue expansion in the third quarter of the year. In its financial statement, Rivian Automotive, Inc. (NASDAQ:RIVN) said revenues for the period jumped by 78 percent to $1.558 billion from $874 million in the same period last year on the back of higher reven ...
Why Did Rivian Stock Rocket 25% Higher Today?
Yahoo Finance· 2025-11-05 20:51
Core Insights - Rivian Automotive's stock surged by 25.4% following a positive third-quarter report, surprising investors with a gross profit of $24 million instead of the expected loss of nearly $40 million [1][3][9] - The automotive division showed significant improvement in gross profit, and the software and services segment achieved a 37% gross margin [3][9] - Rivian successfully reduced its cost of automotive revenue per vehicle delivered by $19,000 compared to the previous year, while maintaining its guidance amid a competitive EV market [4] Company Developments - Rivian is set to begin deliveries of its new R2 model in the first half of 2026, with production starting at its expanded Illinois factory [5] - The company broke ground on a new facility in Georgia during the third quarter, which will support long-term capacity growth for its new mid-size platform [5] - Recent uncertainties had previously led to a drop in shares, but the outlook has improved significantly following the latest report [5][6]
Amazon Dumps AMD Stock, Doubles Down On Rivian - Advanced Micro Devices (NASDAQ:AMD), Rivian Automotive (NASDAQ:RIVN), Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-11-05 20:27
While investors are chasing Advanced Micro Devices Inc (NASDAQ:AMD) and Rivian Automotive Inc (NASDAQ:RIVN) on today's trending stock tickers list, Amazon.com Inc's (NASDAQ:AMZN) portfolio shows a clear favorite — and it's not the one leading the AI rally. In its latest third quarter 13F filing, Amazon revealed it sold out of both AMD and IonQ Inc (NYSE:IONQ) — while keeping a massive 94% of its $2.46 billion equity portfolio parked in RIVN stock.Track RIVN stock hereAmazon's EV ObsessionAmazon's third quar ...
Rivian’s quarterly loss widens despite 78% revenue growth
Yahoo Finance· 2025-11-05 18:41
Core Insights - Rivian Automotive reported a net loss of $1.17 billion for Q3 2025, an increase from $1.1 billion in the same quarter last year, despite a significant revenue increase of 78% to $1.55 billion from $874 million in Q3 2024 [1][2] - The company achieved a gross profit of $24 million, a notable improvement from a loss of $392 million in the previous year, indicating a positive shift in revenue and cost management [2] Revenue Breakdown - Automotive revenue rose by 47% to $1.14 billion, driven by higher vehicle deliveries and increased average selling prices [1] - Software and services revenue surged to $416 million, marking a 324% increase, primarily due to new vehicle electrical architecture and software development services [2] Production and Deliveries - Rivian produced 10,720 vehicles and delivered 13,201 vehicles in Q3, which is anticipated to be the highest delivery quarter of the year [4] - The company is on track for the launch of the R2 model in the first half of 2026, with significant progress in facility construction and equipment setup [5] Strategic Initiatives - The company emphasizes its commitment to a fully electric, autonomous, and software-defined automotive industry, positioning itself to build a strong brand in the U.S. and European markets [4] - Rivian has initiated plans for a second manufacturing site in Georgia, expected to create 7,500 jobs and add 400,000 units of annual capacity upon completion [6]
Rivian stock surges over 20% after Q3 beat, R2 midsize SUV on track for 2026
Yahoo Finance· 2025-11-05 18:39
Core Viewpoint - Rivian's stock surged after reporting third-quarter results that exceeded estimates, driven by a significant increase in revenue and vehicle deliveries despite challenges from the loss of federal electric vehicle tax credits [1][2]. Financial Performance - Rivian reported third-quarter revenue of $1.55 billion, surpassing the Bloomberg consensus estimate of $1.49 billion, marking a 78% increase year-over-year due to a pull-forward in deliveries [1]. - The company posted a loss per share of $0.65, better than the estimated loss of $0.71, while the adjusted EBITDA loss was $602 million, slightly worse than the estimated $570.7 million [2]. - Gross profit for the quarter was $24 million, recovering from a loss in the previous quarter, although the company maintained its full-year loss projection [3]. Production and Delivery - In Q3, Rivian produced 10,720 vehicles and delivered 13,201 vehicles, aligning with expectations for a strong quarter [4]. - The company reiterated its 2025 delivery guidance, narrowing the range to 41,500 to 43,500 vehicles from a previous range of 40,000 to 46,000 vehicles [4]. Strategic Initiatives - The development of the R2 midsize crossover is crucial for boosting sales, with production on track for release in the first half of 2026 [5]. - Rivian has completed the installation of equipment for the R2 body shop and expects to begin manufacturing validation builds by year-end, with paint shop upgrades increasing capacity to 215,000 units per year [5]. Market Outlook - Analysts remain optimistic about Rivian's long-term vision, highlighting the company's efforts to ramp up R2 and midsize platform supply chains while navigating macroeconomic challenges in the EV landscape [6].
Rivian stock jumps 19% after reporting first ever gross profit
Invezz· 2025-11-05 17:33
Core Insights - Rivian Automotive Inc. achieved its first-ever positive gross profit in the third quarter, marking a significant milestone for the company and a positive signal for investors and analysts [1] Financial Performance - The company reported a gross profit for the first time, indicating improved operational efficiency and potential for future profitability [1]
Rivian stock surges over 10% after Q3 beat, R2 midsize SUV on track for 2026
Yahoo Finance· 2025-11-05 15:56
Core Insights - Rivian's stock surged after reporting third-quarter results that exceeded estimates, with revenue of $1.55 billion, a 78% increase year-over-year, driven by a pull-forward in deliveries [1][2] - The company reported a loss per share of $0.65, better than the estimated loss of $0.71, and an adjusted EBITDA loss of $602 million, slightly worse than the estimated $570.7 million [2] - Rivian maintained its full-year loss projection, reiterating an adjusted 2025 full-year EBITDA loss in the range of $2 billion to $2.25 billion [3] Financial Performance - Revenue for Q3 was $1.55 billion compared to the estimated $1.49 billion, marking a 78% increase from the previous year [1] - Gross profit was reported at $24 million, ending a streak of losses in previous quarters [2] - The company produced 10,720 vehicles and delivered 13,201 vehicles in Q3, aligning with expectations [4] Strategic Developments - Rivian is focused on the development of its R2 midsize crossover, expected to launch in the first half of 2026, with manufacturing validation builds anticipated by year-end [5] - The company has narrowed its 2025 delivery guidance to a range of 41,500 to 43,500 vehicles, down from a previous range of 40,000 to 46,000 vehicles [4] - CEO RJ Scaringe emphasized the company's progress in strategic priorities, including technology and product portfolio development for U.S. and European markets [4] Market Outlook - Analysts remain optimistic about Rivian's long-term vision, highlighting the importance of the R2 development and the company's efforts to enhance supply chains and autonomous capabilities [6]
Rivian Automotive stock pops on Q3 revenue beat, reaffirmed guidance
Proactiveinvestors NA· 2025-11-05 15:39
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...