RI
RIVN
Quarter ended Mar 31, 2025 · FY2025 Q1

Rivian Automotive (RIVN) Revenue — Quarter Ended Mar 31, 2025

Quarterly revenue came in lower than the prior quarter, while still slightly exceeding the level from the same period a year earlier. The sequential decline follows a sharp rise in the previous period.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Quarterly revenue came in lower than the prior quarter, while still slightly exceeding the level from the same period a year earlier. The sequential decline follows a sharp rise in the previous period.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1.2B

Revenue reported for this quarter.

Quarter-over-quarter

-28.5%

Change from the immediately preceding quarter.

Year-over-year

+3.0%

Change from the comparable year-ago quarter.

Trailing four quarters

$5B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$1.2B+3.3%
Sep 30, 2024$874M-34.6%
Dec 31, 2024$1.7B+31.9%
Mar 31, 2025$1.2B+3.0%

Revenue performance

Revenue for the quarter declined from the immediately preceding quarter, though it remained modestly above the comparable quarter one year ago.

Quarterly comparison

The year-ago comparison shows a slight increase, marking the third consecutive quarter of year-over-year growth. In contrast, the sequential comparison reflected a decrease after a substantial jump in the prior quarter.

What to watch

The company's total liquidity decreased slightly compared to year-end levels, primarily reflecting lower cash balances.