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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Reuben Gregg Brewer, The Motley FoolMon, November 10, 2025 at 10:32 AM GMT+1 5 min readRivian's revenue jumped 78% year over year in the third quarter of 2025.The company posted a gross profit.The real story is still the development of the R2, which remains on track.10 stocks we like better than Rivian Automotive ›Rivian (NASDAQ: RIVN) had a really good third quarter in 2025, with revenue up 78% year over year. That success, however, needs to be taken with a grain of salt. Still, when you step back from the quarter to look at the big picture, the story here is improving.Rivian remains a risky growth stock, but there's still a lot to like for long-term investors. Here's what you need to know if you want to add this stock to your portfolio in the hopes of it helping you become a millionaire.Right now, Rivian's core business is making and selling high-end electric trucks, SUVs, and delivery vehicles. The business is not profitable because the company is still in start-up mode. It is spending heavily on the capital investments it needs to grow and compete in the auto sector.Image source: Getty Images.Those capital investments are the real story right now. The company is in the process of bringing out a new, lower-priced model of its consumer truck, called the R2. This will help to broaden the market for Rivian as it looks to follow a similar path to Tesla (NASDAQ: TSLA), which started with high-end vehicles and then moved to the mass market. The update on the R2 launch remained unchanged, with the goal of deliveries starting in the first half of 2026.Ongoing progress here is what investors should monitor. With $7 billion of cash and short-term investments on the company's balance sheet, Rivian is almost certain to get the R2 to market. Still, the first question is execution toward that goal, which will show that management is capable of living up to its promises. Then the hard work starts, with market acceptance taking center stage.Rivian needs the R2 to be successful if it wants to go from a fringe player to a competitive threat in the auto sector. It has a harder climb toward that goal than Tesla did because, unlike when Tesla introduced its electric vehicles (EVs), every major auto company and a number of EV specialists are now competing for consumer dollars.Launching the R2 is a bit nebulous as an achievement, but it is going to be vital to keep watching the progress toward that goal. What is a bit more concrete is the fact that Rivian's software and services business was the driver of its modest gross profit in the quarter. There are two pieces to this -- one is service work on Rivian trucks and the other is the company's joint venture with Volkswagen Group.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,849.83 +17.40 (+0.25%)Dow 3047,906.13 +537.50 (+1.13%)Nasdaq23,467.80 -59.38 (-0.25%)Russell 20002,459.37 +3.72 (+0.15%)VIX17.59 -0.01 (-0.06%)Gold4,118.50 -3.50 (-0.08%)PortfolioSign in to access your portfolioSign inTop gainersETOR eToro Group Ltd. 42.54 +4.81 (+12.75%)APGE Apogee Therapeutics, Inc. 62.93 +6.16 (+10.84%)CWAN Clearwater Analytics Holdings, Inc. 18.44 +1.75 (+10.49%)PSKY Paramount Skydance Corporation 16.80 +1.55 (+10.13%)BBAI BigBear.ai Holdings, Inc. 6.28 +0.57 (+10.06%)Top losersLIF Life360, Inc. 73.22 -20.08 (-21.52%)CRWV CoreWeave, Inc. 90.34 -15.27 (-14.46%)CENX Century Aluminum Company 28.06 -4.25 (-13.15%)WULF TeraWulf Inc. 12.53 -1.77 (-12.38%)BLTE Belite Bio, Inc 103.60 -13.74 (-11.71%)Most activeOPEN Opendoor Technologies Inc. 8.34 +0.37 (+4.64%)BBAI BigBear.ai Holdings, Inc. 6.28 +0.57 (+10.06%)NVDA NVIDIA Corporation 193.61 -5.44 (-2.74%)PLUG Plug Power Inc. 2.4300 -0.1300 (-5.08%)PFE Pfizer Inc. 25.17 +0.78 (+3.20%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersCRWV CoreWeave, Inc. 90.19 -15.42 (-14.60%)BTC-USD Bitcoin USD 103,220.11 -2,778.06 (-2.62%)NBIS Nebius Group N.V. 103.84 -6.11 (-5.56%)APP AppLovin Corporation 589.91 -61.41 (-9.43%)NVO Novo Nordisk A/S 49.15 +3.21 (+6.99%)Top economic events