Rivian Gears Up to Report Q2 Earnings: Here's What to Expect

Core Insights - Rivian, Inc. (RIVN) is expected to report a loss of 65 cents per share and revenues of $1.26 billion for Q2 2025, with an 8-cent increase in earnings per share estimates over the past 90 days, indicating a 46.28% rise from the previous year [1][8] - The revenue estimate reflects a year-over-year growth of 9.04%, with Rivian having surpassed the Zacks Consensus Estimate in two of the last four quarters, averaging a surprise of 10.81% [2] Financial Performance - In Q1 2025, Rivian reported a loss of 41 cents per share, which was better than the expected loss of 80 cents, and revenues of $1.24 billion, exceeding the estimate of $1.04 billion, marking a 3% increase from the previous year [2][4] - Rivian achieved a gross profit of $206 million in Q1 2025, a significant improvement from a gross loss of $527 million in the same quarter last year, indicating a positive trend in gross profit for the second consecutive quarter [4] Vehicle Deliveries and Revenue Composition - In Q2 2025, Rivian delivered 10,661 vehicles, a decrease from 13,790 units in the same period last year, continuing a trend of year-over-year declines in vehicle deliveries [3] - Despite the decline in vehicle deliveries, Rivian's total revenues are expected to have increased due to growth in software and services revenues [3][8] Earnings Expectations - Rivian has an Earnings ESP of +8.53%, suggesting a favorable outlook for an earnings beat, supported by a Zacks Rank of 3 (Hold) [5][6] - The anticipated improvement in margins is expected to be driven by ongoing gross profit momentum into Q2 2025 [8]