Rivian’s Strong Earnings Spark 27% Stock Surge
Rivian Automotive Inc. delivered a market surprise with shares rocketing 27% following robust 2025 earnings that exceeded analyst expectations. The electric vehicle maker's stock closed at $17.73 after trading between $16.40 and $18.48 during the session, continuing its ascent in after-hours trading.
The company reported a dramatic turnaround with $144 million in gross profit, reversing a $1.2 billion loss from 2024. Production and delivery figures remained strong at 42,284 vehicles manufactured and 42,247 delivered, though automotive operations still showed a $432 million net loss for the year.
Fourth quarter results revealed mixed signals - while production reached 10,974 vehicles, revenue declined to $1.286 billion from $1.734 billion year-over-year. The revenue drop stemmed from reduced regulatory credit sales, expired tax incentives, and a shift toward lower-priced commercial models.
Annual consolidated revenues grew 8% to $5.387 billion, with software and services revenue exploding 222% to $1.557 billion, signaling successful diversification beyond vehicle manufacturing.
