Filing Flows › Rivian Automotive (RIVN) › Q4 2025
Rivian Automotive (RIVN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Rivian Automotive (RIVN) reported revenue of $1.3B for the fourth quarter 2025 (Q4 2025), -26% from a year earlier and -17% from the quarter before. Operating margin was -64.8%, net loss $804M (62.5% of revenue).
Rivian Automotive, Q4 2025: revenue $1.3B (-26% year over year), operating margin -64.8%, net loss $804M, operating cash flow −$681M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -17% | -26% |
| Operating profit | −$833M | — | — |
| Net earnings | −$804M | — | — |
| Operating cash flow | −$681M | -2719% | — |
What changed
Revenue was $1.3B in Q4 2025, down 26% year over year and down 17% from the previous quarter. Automotive was the largest line at 65% of revenue.
Gross margin was 9.3%, down 0.5 points from a year earlier. Operating costs exceeded revenue by $0.83B, an operating margin of -64.8%. Operating expenses grew 15% against a revenue fall of 26%. The fastest-growing cost line was SG&A (+16%). The quarter ended with a net loss of $0.80B, narrower than the previous quarter's $1.2B loss.
Operating cash flow was −$0.68B. Non-cash charges added back $0.20B of depreciation and amortization and $0.19B of share-based compensation. Working capital and other items used $0.27B. Capital expenditures of $0.46B exceeded it, leaving free cash flow of −$1.1B.
Questions
What was Rivian Automotive's revenue in the fourth quarter 2025?
Rivian Automotive (RIVN) reported revenue of $1.3B for the fourth quarter 2025 (Q4 2025), -26% from a year earlier and -17% from the quarter before.
Was Rivian Automotive profitable in the fourth quarter 2025?
Operating loss was $833M (-64.8% of revenue) and net loss $804M.
Source: Rivian Automotive 10-K on SEC EDGAR.