Rivian shares surge 27% to $17.73 after strong earnings announcement
The post Rivian shares surge 27% to $17.73 after strong earnings announcement appeared on BitcoinEthereumNews.com.
Rivian stunned the market with its shares soaring 27% on Friday following stronger-than-expected 2025 earnings. The shares rose sharply from their previous close of $14.00 to $17.73 on Friday. Google Finance data showed the stock traded in a day range of $16.40 to $18.48, edging higher to $17.76 in after-hours trading. Rivian reports 2025 financial and production performance Rivian announced on Thursday that its 2025 gross profit was $144 million, compared with a net loss of $1.2 billion in 2024. According to the release, Rivian produced 42,284 vehicles and delivered 42,247 to clients by the end of 2025. Despite this, the company’s automotive profitability for the year showed a $432 million net loss, which was better than in 2024. According to the company’s earnings report, the company delivered 9,745 and produced 10,974 vehicles in quarter 4 of last year alone, but its consolidated revenues for the quarter dropped to $1,286 million from $1,734 million in the same period in 2024. The company revealed that automotive revenues fell 45% year over year to $839 million due to a $270 million decline in regulatory credit sales, fewer vehicle deliveries after tax incentives expired, and a greater mix of lower-priced EDV models. The company’s release disclosed that consolidated full-year revenues came to $5,387 million, up 8% from 2024. Software and services had a 222% increase in revenue to $1,557 million, while automotive revenues fell 15% to $3,830 million. The company also laid off roughly 600 employees in October of last year, more than 4% of its workforce. “It’s a turnaround for the ages,” said Dan Ives, an analyst with Wedbush Securities. “The past few years have been very frustrating for investors.” Rivian was established in Florida in 2009. It went public in 2021. Its competitors include Tesla and other automakers that charge higher…
Filed under: News - @ February 14, 2026 11:17 am