secwatch.observer — SEC 8-K summary
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Issuer:     Rivian Automotive, Inc. / DE (RIVN)
CIK:        0001874178
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001874178-26-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rivian Q1 revenue up 11% to $1.38B, gross profit $119M; starts R2 production, $1B VW investment
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- Revenue $1.38B (+11% YoY); auto revenue $908M (-2% YoY) on $100M credit decline; software/services $473M (+49%).
- Consolidated gross profit $119M (down $87M YoY); auto segment gross loss $(62)M due to lower regulatory credit sales.
- Adjusted EBITDA loss widened to $(472)M from $(329)M; free cash flow negative $(1,075)M; cash and investments $4.83B.
- Started production of saleable R2; Uber robotaxi partnership for up to 50,000 R2s; Uber to invest up to $1.25B.
- Received $1B from VW Group via 62.9M shares at $15.90; Georgia plant capacity raised to 300k/yr; DOE loan expected early 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874178/000187417826000033/0001874178-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874178/000187417826000033/rivn-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001874178-26-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer