Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025
1. Rivian exceeded Q4 earnings expectations. Its first gross quarterly profit indicates improvement. 2. Q4 gross profit reached $170 million. Revenue outperformed analyst estimates. 3. 2025 guidance forecasts modest profit and lower sales. Adjusted losses expected to narrow to $1.7-1.9B. 4. Capital expenditures will increase for the new R2 launch. External policies may challenge demand. 5. Regulatory credits and software revenue boosted Q4 performance. These contributions enhanced profitability outlook.