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Rivian will achieve positive gross profit in 2025, with operating revenue increasing by 8% year over year.
IT Home, February 13 — U.S. electric vehicle startup Rivian announced its financial results for Q4 and the full year of 2025 on February 12. Rivian’s revenue last year was $5.387 billion (IT Home note: approximately 37.222 billion RMB at current exchange rates), up 8% year-over-year, with automotive revenue of $3.83 billion and software and services revenue of $1.557 billion.
Despite external headwinds causing a significant decline in production and delivery volumes, collaborations with Volkswagen on vehicle electrical architecture and software development have provided Rivian with a strong boost for 2025. This, along with higher average vehicle prices and reduced costs, helped Rivian achieve positive gross profit in 2025, improving by over $1.3 billion compared to 2024.
Rivian stated that the mass production of its new model, the Rivian R2, is progressing smoothly. The company completed the manufacturing of the validation prototype in January and expects to begin delivering the first units to customers in Q2 2026. Rivian projects total deliveries of around 64,500 units across all models in 2026.