Rivian Automotive (RIVN) Misses Q4 EPS by 1c, Revenue Beats, Offers Guidance

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Go back to Rivian Automotive (RIVN) Misses Q4 EPS by 1c, Revenue Beats, Offers Guidance

Rivian Releases Fourth Quarter and Full Year 2024 Financial Results

February 20, 2025 4:05 PM EST

Achieved Q4 2024 gross profit of $170 million Closed Joint Venture with Volkswagen Group and loan from the Department of Energy which provides up to $10 billion of incremental capital* $729 million improvement in Q4 2024 Adjusted EBITDA compared to Q4 2023** Over 1 billion Amazon packages delivered by EDVs

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced fourth quarter and full year 2024 financial results. Rivian reported a gross profit of $170 million in the fourth quarter of 2024, primarily driven by improvements... More