Rivian Q3 2025 Investor Snapshot

Financial Performance:

• Revenue: $1,558M (+78% YoY).
• Consolidated Gross Profit: $24M (vs. $(392)M YoY).
• Software/Services Gross Margin: 37%. Auto Cost of Revenue reduced ~$19,000 YoY.
• Adj. EBITDA: \((602)M (improvement). FCF: \)(421)M (improvement). Cash: $7.09B.

Operations & Guidance:

• Q3 Deliveries: 13,201.
• Reaffirmed Guidance: Deliveries 41.5k–43.5k; Adj. EBITDA guidance (\(2.0B) – (\)2.25B).

Strategic Milestones:

• R2 development remains on track for H1 2026 production start.
• Broke ground on n