Rivian Automotive, Inc. (RIVN) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.704 Good afternoon, and thank you for joining us for Rivian's third quarter 2025 earnings 00:00:04.704 -- 00:00:10.058 call. Today, I'm joined by RJ Scaringe, our CEO and founder, Claire McDonough, 00:00:10.058 -- 00:00:15.353 our chief financial officer, and Javier Varela, our chief operations officer. 00:00:15.353 -- 00:00:20.381 Before we begin, matters discussed on this call, including comments and responses to 00:00:20.381 -- 00:00:24.387 questions, reflect management's views as of today. 00:00:24.387 -- 00:00:28.793 We will also be making statements related to our business, operations, and financial 00:00:28.793 -- 00:00:33.240 performance that may be considered forward-looking statements under federal securities 00:00:33.240 -- 00:00:38.508 law. Such statements involve risks and uncertainties that could cause actual 00:00:38.508 -- 00:00:41.553 results to differ materially. 00:00:41.553 -- 00:00:46.380 These risks and uncertainties are described in our SEC filings and the shareholder letter 00:00:46.380 -- 00:00:49.085 we have filed with the SEC. 00:00:49.085 -- 00:00:53.852 During this call, we will discuss both GAAP and non-GAAP financial measures. 00:00:53.852 -- 00:00:58.840 A reconciliation of historical non-GAAP to GAAP financial measures is provided in our 00:00:58.840 -- 00:01:03.911 shareholder letter. Just before the earnings call, we published and filed our shareholder 00:01:03.911 -- 00:01:09.177 letter, which includes an overview of our progress over the recent months. 00:01:09.177 -- 00:01:13.602 I encourage you to read it for additional details around some of the items we will cover 00:01:13.602 -- 00:01:15.644 on today's call. 00:01:15.644 -- 00:01:20.350 Following our prepared remarks, we will be taking question...