RIVN Surpasses Expectations: 2025 Gross Profit $144M, Shares Up 27%

Rivian posted stronger-than-expected 2025 results, reporting gross profits of $144 million versus a $1.2 billion net loss in 2024, driving a 27% surge in its shares on February 13, 2026. The company sold and produced 42,247 vehicles in 2025, with a $432 million net loss on automotive sales, but attributed the earnings swing to strong software and services, higher average selling prices, and reduced unit costs. Rivian cited positive early feedback for its upcoming $45,000 R2 model, deliveries of which are slated to begin this spring, and CEO RJ Scaringe emphasized the R2 as pivotal to future growth following a 600-employee reduction in October 2025. Following the expiration of the $7,500 federal EV tax credit in September 2025, Rivian is banking on its R2 to drive unit economics and investor confidence.