Rivian Releases Q1 2025 Production and Delivery Figures and Sets Date for First Quarter 2025 Financial Results

Rhea-AI Summary

Rivian Automotive (NASDAQ: RIVN) has released its Q1 2025 production and delivery figures. The company produced 14,611 vehicles at its Normal, Illinois facility and delivered 8,640 vehicles during the quarter ending March 31, 2025.

These results align with Rivian's previously communicated outlook of approximately 14,000 vehicles produced and 8,000 vehicles delivered. The company has reaffirmed its 2025 delivery guidance range of 46,000 to 51,000 vehicles.

Rivian will release its first quarter 2025 financial results on May 6th, 2025 after market close, followed by an audio webcast at 5:00 p.m. ET to discuss performance and business outlook.

Positive

• Q1 production of 14,611 vehicles exceeded target of ~14,000
• Q1 deliveries of 8,640 vehicles surpassed target of ~8,000
• Company maintains confident 2025 delivery guidance of 46,000-51,000 vehicles

Negative

• Significant gap between production (14,611) and deliveries (8,640) indicates potential logistics or demand challenges

Insights

Financial Analyst

Rivian's Q1 2025 results present a mixed picture for investors. The company produced 14,611 vehicles and delivered 8,640 vehicles, meeting their previously outlined expectations of approximately 14,000 productions and 8,000 deliveries. More importantly, management has reaffirmed their full-year 2025 delivery guidance of 46,000-51,000 vehicles.

The substantial gap between production and deliveries (nearly 6,000 vehicles) represents significant inventory accumulation that ties up capital. While this disparity was anticipated by management, it's worth monitoring whether this pattern continues or normalizes in coming quarters.

To achieve their annual guidance, Rivian must average approximately 12,500-14,000 deliveries in each of the remaining three quarters – a notable acceleration from Q1's 8,640 figure. This implies either confidence in stronger seasonal demand patterns or planned production efficiencies taking effect later this year.

Meeting their stated production and delivery targets demonstrates execution capability, but the company faces a challenging ramp-up schedule for the remainder of 2025. The significant delivery acceleration required raises questions about whether Rivian can build sufficient momentum to meet their full-year targets without additional context on production capacity expansion or demand catalysts.

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending March 31, 2025. The company produced 14,611 vehicles at its manufacturing facility in Normal, Illinois and delivered 8,640 vehicles during the same period.

As discussed on its last earnings call, production and delivery results for the quarter are in line with Rivian's outlook of approximately 14,000 vehicles produced and approximately 8,000 vehicles delivered. Rivian is also reaffirming its 2025 delivery range guidance of 46,000 to 51,000 vehicles.

The company also announced that on May 6th, 2025 after market close, it will release its first quarter 2025 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at https://rivian-q1-earnings-webcast-2025.open-exchange.net/registration, and a replay will be available for four weeks at www.rivian.com/investors following the webcast.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our annual delivery outlook.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

About Rivian:

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal — preserving the natural world for generations to come.

Learn more about the company, products, and careers at www.rivian.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250402165001/en/

Investors: ir@rivian.com

Media: Harry Porter, media@rivian.com

Source: Rivian Automotive, Inc.

FAQ

How many vehicles did Rivian (RIVN) produce in Q1 2025?

Rivian produced 14,611 vehicles at its Normal, Illinois facility during Q1 2025.

What is Rivian's (RIVN) delivery guidance for full-year 2025?

Rivian reaffirmed its 2025 delivery guidance range of 46,000 to 51,000 vehicles.

When will Rivian (RIVN) release its Q1 2025 financial results?

Rivian will release its Q1 2025 financial results on May 6th, 2025, after market close.

Did Rivian (RIVN) meet its Q1 2025 production and delivery targets?

Yes, Rivian's Q1 results aligned with its outlook of approximately 14,000 vehicles produced and 8,000 vehicles delivered.