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Rivian (RIVN) earnings Q4 2025

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Rivian (RIVN) earnings Q4 2025
Rivian CEO on earnings, guidance: R2 deliveries expected to begin in Q2

Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the automaker also cautioned that it will continue losing money as it launches its crucial R2 next-generation vehicle.

Rivian’s 2026 guidance includes increasing vehicle deliveries to between 62,000 and 67,000 units, which would be up by 47% to 59% compared with 2025. That increase is expected to be assisted by the launch of the R2 SUV during the second quarter.

Rivian CEO RJ Scaringe told CNBC’s Phil LeBeau on Thursday that the R2 is expected to be the “majority of the volume” of the business by the end of 2027, as it ramps up production at its sole factory in Normal, Illinois.

The electric vehicle maker also said it expects adjusted pre-tax losses for 2026 of between $1.8 billion and $2.1 billion and capital expenditures between $1.95 billion and $2.05 billion. That compares with nearly $2.1 billion in adjusted pre-tax losses and $1.7 billion in capital expenditures last year.

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Scaringe described 2025 to investors Thursday as a “foundational year” for Rivian, while saying 2026 will mark “an inflection point” for the company.

Shares of Rivian were up more than 20% during premarket trading Friday after closing at $14, down roughly 5%.

Why the R2 could be Rivian's key to profitability

Here’s how the company performed in the fourth quarter compared with average estimates compiled by LSEG:

  • Loss per share: 54 cents adjusted vs. a loss of 68 cents expected
  • Revenue: $1.29 billion vs. $1.26 billion expected

Rivian’s full-year 2025 revenue, including $1.7 billion during the fourth quarter, was up 8% compared with $4.97 billion in 2024.

The company was able to achieve its first annual gross profit, which is closely watched by investors, of $144 million in 2025, including $120 million during the fourth quarter. That was driven by its software and services joint venture with Volkswagen offsetting $432 million in losses for its automotive business last year.

This year’s gross profit may not be as fruitful, with Rivian CFO Claire McDonough describing it as a “transition year” as it ramps up R2 production.

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Investors view gross profit as a key indicator of a business’s profitability before operating expenses, interest and taxes.

Rivian’s net loss last year was $3.6 billion, an improvement from a loss of $4.75 billion in 2024. That includes an $804 million loss during the fourth quarter, accelerated by a decrease in earnings from the sale of regulatory credits, which was expected after changes by the Trump administration to federal fuel economy and emissions standards.

Rivian ended the fourth quarter with $6.59 billion in total liquidity, including nearly $6.1 billion in cash, cash equivalents, and short-term investments.

It’s needed capital for Rivian. This year is a crucial one for the automaker as it attempts to deliver on promises of technological advancements and improved profitability with the R2.

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The roughly $45,000 midsize vehicle, per Rivian, is expected to cut build material costs in half, reduce production complexity and significantly grow demand and sales.

Rivian said the R2 is expected to initially be produced by one plant shift, followed by a second shift by the end of this year. The company said additional R2 details by model such as pricing, options and more will be available on March 12.

Rivian has made important strides with its first-generation R1 pickup and SUV, but the market for such pricey EVs, which both start in the $70,000s, has slowed. It also continues to produce an all-electric delivery van, historically purchased by its largest shareholder, Amazon.

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Naftali Holtz, Royal Caribbean Cruises CFO, sells $16.7 million in stock

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14 February 2026

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Naftali Holtz, Royal Caribbean Cruises CFO, sells $16.7 million in stock

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Credicorp Ltd. (BAP) Q4 2025 Earnings Call Transcript

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14 February 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, everyone. I would like to welcome you to the Credicorp Limited Fourth Quarter 2025 Conference Call. A slide presentation will accompany today’s webcast, which is available in the Investors section of Credicorp’s website. Today’s conference call is being recorded.

[Operator Instructions]

Now it is my pleasure to turn the conference over to Credicorp’s IRO, Milagros Cig�e�as. You may begin.

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Milagros Cigüeñas
Head of Investor Relations

Thank you, and good morning, everyone. Speaking on today’s call will be Gianfranco Ferrari, our Chief Executive Officer; and Alejandro Perez-Reyes, our Chief Financial Officer. Participating in the Q&A session will also be Francesca Raffo, Chief Innovation Officer; Cesar Rios, Chief Risk Officer; Eduardo Montero, Head of Insurance and Pensions; and [ Jose Navire ], Mibanco, Chief Financial Officer. Before we proceed, I would like to make the following — sorry, and also here in the Q&A session will be Diego Cavero, BCP CEO or Head of Universal Banking.

Before we proceed, I would like to make the following safe harbor statement. Today’s call will contain forward-looking statements, which are based on management’s current expectations and beliefs and are subject to a number of risks and

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TotalEnergies SE (TTES:CA) Q4 2025 Earnings Call Transcript

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14 February 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

TotalEnergies SE (TTES:CA) Q4 2025 Earnings Call February 11, 2026 9:00 AM EST

Company Participants

Nicolas Terraz – President of Exploration & Production
Jean-Pierre Sbraire – Chief Financial Officer
Patrick de La Chevardière
Arnaud Le Foll
Stephane Michel – President of Gas, Renewables & Power
Patrick Pouyanné – Chairman & CEO
Namita Shah – President of One Tech

Conference Call Participants

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Biraj Borkhataria – RBC Capital Markets, Research Division
Matthew Lofting – JPMorgan Chase & Co, Research Division
Irene Himona – Bernstein Institutional Services LLC, Research Division
Michele Della Vigna – Goldman Sachs Group, Inc., Research Division
Christopher Kuplent – BofA Securities, Research Division
Lydia Rainforth – Barclays Bank PLC, Research Division
Alejandro Vigil – Banco Santander, S.A., Research Division
Kim Fustier – HSBC Global Investment Research
Henry Tarr – Joh. Berenberg, Gossler & Co. KG, Research Division
Lucas Herrmann – BNP Paribas, Research Division
Anish Kapadia – Palissy Advisors Limited
Jean-Luc Romain – CIC Market Solutions (ESN), Research Division
Maurizio Carulli – Quilter Cheviot Limited

Presentation

Unknown Executive

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So welcome, everybody, for this presentation of 2025 year results and the objective for 2026. We are from London. It is sunny like its sun for the shares of TotalEnergies until we speak. So we’ll see after that after this call. And I’m happy to be here today with the Executive Committee members. You know all of them, but not Catherine.

Catherine if you could stand up, which was — she’s our new member in charge of people and social engagement and all global services, that’s Catherine. And there is another person which is next to us that you need to know, which is Arnaud Le Foll. Arnaud is our Deputy CFO. You will have a chance to listen to him today.

We’ll make a presentation in two big parts and to focus in the middle, so to change. So Jean-Pierre will introduce the — first, we’ll have, of course, safety moment. It will be

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Public Storage (PSA) Q4 2025 Earnings Call Transcript

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33 minutes ago

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14 February 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Company Participants

Brandon Reagan
Joseph Russell – CEO, President & Trustee
H. Boyle – Senior VP, Chief Investment Officer & CFO
Joe Fisher

Conference Call Participants

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Nicholas Joseph – Citigroup Inc., Research Division
Eric Wolfe – Citigroup Inc., Research Division
Spenser Allaway – Green Street Advisors, LLC, Research Division
Juan Sanabria – BMO Capital Markets Equity Research
Samir Khanal – BofA Securities, Research Division
Ronald Kamdem – Morgan Stanley, Research Division
Viktor Fediv – Scotiabank Global Banking and Markets, Research Division
Michael Goldsmith – UBS Investment Bank, Research Division
Todd Thomas – KeyBanc Capital Markets Inc., Research Division
Brad Heffern – RBC Capital Markets, Research Division
Ravi Vaidya – Mizuho Securities USA LLC, Research Division
Michael Griffin – Evercore ISI Institutional Equities, Research Division
Hong Zhang – JPMorgan Chase & Co, Research Division
Brendan Lynch – Barclays Bank PLC, Research Division
Eric Luebchow – Wells Fargo Securities, LLC, Research Division
Omotayo Okusanya – Deutsche Bank AG, Research Division

Presentation

Operator

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Greetings, and welcome to the Public Storage Fourth Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Brandon Reagan, Director of Investor Relations. Thank you. You may begin.

Brandon Reagan

Hello, everyone, and thank you for joining us for our fourth quarter 2025 earnings call. I’m here with the Public Storage leadership team, Joe Russell, Tom Boyle and Joe Fisher. Before we begin, we want to remind you that certain matters discussed during this call may constitute forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are subject to certain economic risks and uncertainties. All forward-looking statements speak only as of today, February 13, 2026. And we assume no obligation to update, revise or supplement statements that become untrue because of subsequent events.

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’Swift Home’ trademark abandoned after Taylor Swift opposition

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14 February 2026

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’Swift Home’ trademark abandoned after Taylor Swift opposition


’Swift Home’ trademark abandoned after Taylor Swift opposition

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Separate talks on Iran and Ukraine-Russia set for Tuesday in Geneva, source says

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14 February 2026

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Separate talks on Iran and Ukraine-Russia set for Tuesday in Geneva, source says


Separate talks on Iran and Ukraine-Russia set for Tuesday in Geneva, source says

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Westwood Holdings Group, Inc. (WHG) Q4 2025 Earnings Call Transcript

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53 minutes ago

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14 February 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Thank you for standing by, welcome to the Westwood Holdings Group, Inc. Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today’s program is being recorded. And now I’d like to introduce your host for today’s program, Jill Meyer Corporate Security, Secretary and Director of Fiduciary Services. Please go ahead.

Jill Meyer
Director of Fiduciary Services & Corporate Secretary

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Thank you, and welcome to our Fourth Quarter 2025 earnings conference call. The following discussion will include forward-looking statements that are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. .

Additional information concerning the factors that could cause such a difference is included in our press release issued earlier today as well as in our Form 10-K for the year ended December 31, 2025, will be filed with the Securities and Exchange Commission.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on forward-looking statements.

In addition, in accordance with SEC rules concerning non-GAAP financial measures, the reconciliation of our economic earnings and economic earnings per share to those comparable GAAP measures is included at the end of our press release issued earlier today. On the call today, we have Brian Casey, our Chief Executive Officer; and Terry Forbes, our Chief Financial Officer. I will now turn the call over to Brian Casey.

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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN:CA) Q4 2025 Earnings Call Transcript

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14 February 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN:CA) Q4 2025 Earnings Call February 13, 2026 9:00 AM EST

Company Participants

Nicole Dolan – Director of Investor Relations
Mark Kenney – CEO, President & Trustee
Stephen Co – Chief Financial Officer

Conference Call Participants

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Khing Shan – RBC Capital Markets, Research Division
Michael Markidis – BMO Capital Markets Equity Research
Jonathan Kelcher – TD Cowen, Research Division
Kyle Stanley – Desjardins Securities Inc., Research Division
Bradley Sturges – Raymond James Ltd., Research Division
Sairam Srinivas – ATB Cormark Capital Markets Inc., Research Division
Mario Saric – Scotiabank Global Banking and Markets, Research Division
Matt Kornack – National Bank Financial, Inc., Research Division
Dean Wilkinson – CIBC Capital Markets, Research Division

Presentation

Operator

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Hello, everyone, and thank you for joining the Canadian Apartment Property REIT’s Fourth Quarter 2025 Results Conference Call. My name is Claire, and I will be coordinating your call today. [Operator Instructions].

I will now hand over to your host, Nicole Dolan, Investor Relations, to begin. Please go ahead.

Nicole Dolan
Director of Investor Relations

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Thank you, operator, and good morning, everyone. Before we begin, let me remind everyone that during our conference call this morning, we may include forward-looking statements about expected future events and the financial and operating results of CAPREIT, which are subject to certain risks and uncertainties. We direct your attention to Slide 2 and our other regulatory filings for important information about these statements.

I will now turn the call over to Mark Kenney, President and CEO.

Mark Kenney
CEO, President & Trustee

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Thanks, Nicole, and good morning, everyone. Joining me this morning is Stephen Co, our Chief Financial Officer.

Let’s start on Slide 4 with some key highlights from 2025. This past year, we continued to actively reposition our portfolio, and we met our disposition target by selling more than $400 million of noncore assets

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AIER’s Everyday Price Index Edges Up 0.33 Percent As Inflation Shifts To Services

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14 February 2026

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AIER’s Everyday Price Index Edges Up 0.33 Percent As Inflation Shifts To Services

AIER educates Americans on the value of personal freedom, free enterprise, property rights, limited government and sound money. Our ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity and human progress. www.aier.orgFounded in 1933, AIER is a donor-based non-profit economic research organization. We represent no fund, concentration of wealth, or other special interests, and no advertising is accepted in our publications. Financial support is provided by tax-deductible contributions, and by the earnings of our wholly owned investment advisory organization, American Investment Services, Inc. (https://www.americaninvestment.com/)

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Lumentum holdings exec retort sells $26.6m in stock

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14 February 2026

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Lumentum holdings exec retort sells $26.6m in stock

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