Rivian 2025年实现正毛利润，营业收入同比增长8%

Core Viewpoint - Rivian reported its financial performance for Q4 2025, showing a revenue of $5.387 billion, a year-on-year increase of 8%, despite challenges in production and delivery [1] Financial Performance - Total revenue for Rivian in 2025 was $5.387 billion, equivalent to approximately 372.22 billion RMB [1] - Automotive revenue accounted for $3.830 billion, while software and service revenue was $1.557 billion [1] - The company achieved a positive gross profit in 2025, improving by over $1.3 billion compared to 2024, driven by increased average vehicle prices and reduced costs [1] Production and Delivery - Rivian's partnership with a joint venture has positively impacted its vehicle electrical architecture and software development, providing a boost to its performance [1] - The production of the new Rivian R2 model is progressing well, with validation models completed in January 2026, and first customer deliveries expected in Q2 2026 [1] - Rivian anticipates a total delivery volume of approximately 64,500 vehicles across all models for the year 2026 [1]