---
schema_version: "secwatch.filing_event.v1"
accession: "0001874178-24-000012"
form_type: "8-K/A"
ticker: "RIVN"
cik: "0001874178"
company_name: "Rivian Automotive, Inc. / DE"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:00:41.326730+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rivian FY2023 rev $4.43B, net loss $5.43B; guides 2024 production ~57k, cuts 10% workforce

## Summary
- FY2023 revenue $4,434M, net loss $(5,432)M; Q4 rev $1,315M, net loss $(1,521)M.
- Produced 57,232 vehicles, delivered 50,122 (147% YoY delivery increase full year).
- 2024 guidance: production ~57,000 units, capex $1,750M, adjusted EBITDA $(2,700)M.
- Announced ~10% reduction in salaried workforce; reiterates path to Q4 modest gross profit.
- Corrected prior release: 147% delivery increase was full-year, not Q4 vs Q4 comparison.

## SEC filing metadata
- accession: 0001874178-24-000012
- form_type: 8-K/A
- ticker: RIVN
- cik: 0001874178
- company_name: Rivian Automotive, Inc. / DE
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874178/000187417824000012/0001874178-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874178/000187417824000012/rivn-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001874178-24-000012
- JSON: https://secwatch.observer/filing/0001874178-24-000012.json
- Plain text: https://secwatch.observer/filing/0001874178-24-000012.txt

## Key facts
- Earnings Releases
  Rivian Automotive, Inc. / DE reported fourth quarter and full year ended December 31, 2023 results: revenue Total revenue for the fourth quarter of 2023 was $1,315 million...For the year end December 31, 2023, total revenue was, net income Net loss for the fourth quarter of 2023 was $(1,521) million...For fiscal year 2023, net loss was $(5,432) million. Guidance reaffirmed.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: Total revenue for the fourth quarter of 2023 was $1,315 million...For the year end December 31, 2023, total revenue was
  - Net income: Net loss for the fourth quarter of 2023 was $(1,521) million...For fiscal year 2023, net loss was $(5,432) million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Rivian Releases Fourth Quarter and Full Year 2023 Financial Results Company Exceeded All Aspects of 2023 Guidance Company Reiterates Path to Q4 Modest Gross Profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874178/000187417824000012/0001874178-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.