As of Q4'25, Rivian's latest operating income stands at -833M USD, reflecting a continued operating loss but showing significant improvement compared to earlier quarters. The year-over-year (YoY) change for this period is -26.0%, indicating a reversal from the strong positive YoY growth seen in previous quarters. From Q1'23 to Q4'25, Rivian's operating income has generally trended towards reduced losses, with notable improvements in Q4'24 (-661M USD) and Q1'25 (-655M USD), compared to the peak loss of -1.58B USD in Q4'23. The YoY growth rate fluctuated, with strong positive momentum in late 2024 and early 2025 (Q4'24 at +58.2%, Q1'25 at +55.9%), before turning negative in Q4'25. This pattern suggests operational efficiency gains and cost management improvements, although the latest quarter signals a potential slowdown or increased challenges in sustaining the pace of recovery. The data covers the period from Q1'23 through Q4'25.