Overview
- Rivian delivered 9,745 vehicles and produced 10,974 in Q4 2025 at its Normal, Illinois plant.
- For 2025, production totaled 42,284 and deliveries reached 42,247, about 18% below 2024 yet within the 41,500–43,500 unit guidance range.
- Fourth-quarter deliveries declined roughly 26% from Q3’s 13,201, with coverage tying the late-year pullback to the September expiration of the $7,500 federal EV tax credit.
- The company set February 12, 2026 for its Q4 and full-year financial report along with an investor webcast.
- Shares were down about 1.95% to $19.32, as Canaccord’s George Gianarikas reiterated a Buy with a $21 target and flagged the first-half 2026 R2—expected around $45,000—as a potential demand catalyst.