Filing Flows › Rivian Automotive (RIVN) › Q2 2025
Rivian Automotive (RIVN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Rivian Automotive (RIVN) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +5% from the quarter before. Operating margin was -85.5%, net loss $1.1B (85.6% of revenue).
Rivian Automotive, Q2 2025: revenue $1.3B (+12% year over year), operating margin -85.5%, net loss $1.1B, operating cash flow $64.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +5% | +13% |
| Operating profit | −$1.1B | — | — |
| Net earnings | −$1.1B | — | — |
| Operating cash flow | $64.0M | — | — |
What changed
Revenue was $1.3B in Q2 2025, up 13% year over year and up 5% from the previous quarter. New electric vehicles was the largest line at 71% of revenue. Software and services added $0.29B year over year (up 348%), 201% of the total change. Regulatory credits declined 59%.
Operating costs exceeded revenue by $1.1B, an operating margin of -85.5%. Total costs fell 5% while revenue rose 13%. The quarter ended with a net loss of $1.1B, wider than the previous quarter's $0.54B loss.
Operating cash flow was $0.06B. Non-cash charges added back $0.20B of depreciation and amortization and $0.19B of share-based compensation. Working capital and other items added $0.79B. Capital expenditures of $0.46B exceeded it, leaving free cash flow of −$0.40B.
Questions
What was Rivian Automotive's revenue in the second quarter 2025?
Rivian Automotive (RIVN) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +5% from the quarter before.
Was Rivian Automotive profitable in the second quarter 2025?
Operating loss was $1.1B (-85.5% of revenue) and net loss $1.1B.
Source: Rivian Automotive 10-Q on SEC EDGAR.