earnings
confidence high
sentiment positive
materiality 0.85
Rivian Q4 gross profit positive at $170M; guides 46k-51k deliveries in 2025
Rivian Automotive, Inc. / DE
2024-FY EPS reported
-$4.69
revenue$4,970,000,000
- Q4 gross profit of $170M, first positive quarter; adj. EBITDA improved $729M YoY.
- Record Q4 revenue driven by reg credits, software/services, higher R1 ASPs.
- Closed $5.8B VW JV and $6.6B DOE loan; capital expected to fund through R2 ramp.
- 2025 guidance: deliveries 46k-51k, adj. EBITDA -$1.7B to -$1.9B, capex $1.6B-$1.7B.
- Over 1B Amazon packages delivered via EDVs; commercial van opened to fleet sales.