Filing Flows › Rivian Automotive (RIVN) › Q3 2025
Rivian Automotive (RIVN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Rivian Automotive (RIVN) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +78% from a year earlier and +20% from the quarter before. Operating margin was -63.1%, net loss $1.2B (74.8% of revenue).
Rivian Automotive, Q3 2025: revenue $1.6B (+78% year over year), operating margin -63.1%, net loss $1.2B, operating cash flow $26.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +20% | +78% |
| Operating profit | −$983M | — | — |
| Net earnings | −$1.2B | — | — |
| Operating cash flow | $26.0M | -59% | — |
What changed
Revenue was $1.6B in Q3 2025, up 78% year over year and up 20% from the previous quarter. Automotive was the largest line at 73% of revenue. Automotive added $0.37B year over year (up 47%), 54% of the total change. Regulatory credits declined 88%.
Gross margin was 1.5%. Operating costs exceeded revenue by $1.0B, an operating margin of -63.1%. The fastest-growing cost line was SG&A (+30%). The quarter ended with a net loss of $1.2B, wider than the previous quarter's $1.1B loss.
Operating cash flow was $0.03B. Non-cash charges added back $0.19B of depreciation and amortization and $0.17B of share-based compensation. Working capital and other items added $0.83B. Capital expenditures of $0.45B exceeded it, leaving free cash flow of −$0.42B.
Questions
What was Rivian Automotive's revenue in the third quarter 2025?
Rivian Automotive (RIVN) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +78% from a year earlier and +20% from the quarter before.
Was Rivian Automotive profitable in the third quarter 2025?
Operating loss was $983M (-63.1% of revenue) and net loss $1.2B.
Source: Rivian Automotive 10-Q on SEC EDGAR.