Rivian (RIVN) is retreating 4% after the company reported stronger-than-expected fourth-quarter results but indicated that it is likely to deliver fewer EVs in 2025 than in 2024. Additionally, the firm announced a recall of 17,260 of its EVs in the U.S.

Rivian's Q4 Results and Its 2025 Delivery Guidance

The automaker reported that its Q4 revenue had climbed 31% versus the same period a year earlier to $1.73 billion. The latter figure was $300 million above analysts' average estimate.

A state-of-the-art electric vehicle charging at a station at a suburban mall.

Additionally, RIVN's per-share loss came in at 70 cents, compared with analysts' average outlook of a per-share loss of 77 cents. Also importantly, RIVN generated a gross profit of $170 million, representing its first-ever gross profit.

However, the automaker noted that it expects to deliver 46,000 to 51,000 EVs in 2025, with just roughly 8,000 of those deliveries coming during the current quarter. At the midpoint of the 2025 outlook, the company would deliver 48,500 EVs, well below the 51,579 vehicles that the company handed over in 2024. But RIVN did note that it plans to shut down its plant for about one month in the second half of 2025 to prepare for the launch of its cheaper R2 EV. The latter vehicle is slated to debut in the first half of 2026.

Meanwhile, the National Highway Traffic Safety Administration disclosed today that RIVN was recalling 17,260 of its EVs due to a problem with their headlights that can lower visibility.

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Disclosure: The author owns shares of RIVN but has no intention of trading them in the next 48 hours. This article is originally published at Insider Monkey.