Rivian Automotive Inc. (NASDAQ:RIVN) is one of the best NASDAQ growth stocks to buy for the next 2 years. On February 12, Rivian Automotive reported total revenue of $1.3 billion for Q4 2025. While the automotive segment faced a gross loss of $59 million during the quarter, the company’s software and services division proved highly profitable, generating $179 million in gross profit with margins in the mid-30% range.
Rivian ended the year with $6.1 billion in liquidity, which was supported by the progress of its joint venture with Volkswagen Group, which contributed significantly to the company’s software revenue growth. The company is now pivoting toward the mass market with the highly anticipated launch of the R2 vehicle, expected to begin deliveries in Q2 2026. This new model aims to fill a market gap for premium electric vehicles priced near $50,000 and has already generated a strong demand backlog.
A Riivan vehicle. Photo from Rivian website
However, management cautioned that the complexity of the R2 production ramp-up, combined with capital expenditures for tooling and construction, will likely lead to an adjusted EBITDA loss between $1.8 billion and $2.1 billion for 2026. Despite potential production bottlenecks and a predicted dip in automotive margins during mid-2026, Rivian Automotive Inc. (NASDAQ:RIVN) remains focused on a full-year delivery target of 62,000 to 67,000 vehicles.
Rivian Automotive Inc. (NASDAQ:RIVN), together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. It has two segments: Automotive and Software & Services.
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Disclosure: None. This article is originally published at Insider Monkey.


