Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher on Thursday. Investors set up ahead of the company’s first-quarter earnings release after the close.
- Rivian Automotive stock is among today’s top performers. What’s behind RIVN gains?
Wall Street expects a quarterly loss of 72 cents per share on revenue of $1.37 billion, but the stock is benefiting from renewed optimism following Rivian’s last earnings update and growing confidence in the company’s next phase of scaling.
The move higher is tied to Rivian’s strong fourth-quarter and full‑year 2025 performance, which showed a meaningful shift in profitability. The company delivered $120 million in consolidated gross profit in the fourth-quarter and $144 million for the full year, a more than $1.3 billion improvement from 2024.
Rivian’s fourth-quarter numbers underscored the company’s progress. Production reached 10,974 vehicles and deliveries hit 9,745. Consolidated revenue came in at $1,286 million, with software and services revenue jumping to $447 million, up 109% year‑over‑year.
For the full year, Rivian generated $5,387 million in revenue …