Rivian Reports Higher Revenue as R2 Becomes Its Best-Selling Vehicle
Business · First reported 29 Oct, 20:02 · Updated 20:43
Rivian reported Q3 2026 revenue growth and raised its delivery outlook, while its automotive segment remained loss-making. Coverage highlights both the R2’s early sales performance and the company’s revised forecast.
- Rivian reported Q3 revenue of $2.155 billion, up 38% year over year, and said the R2 was its best-selling vehicle in its first full quarter of deliveries.
- The company raised its 2026 delivery guidance to 67,000–70,000 vehicles; its automotive segment recorded an $80 million gross loss for the quarter.
- InsideEVs also describes the R2 as Rivian’s best-seller and reports that the company raised its annual delivery forecast again.
Summary written by Lux AI from 2 articles
Key facts
- Q3 2026 revenue
- $2.155 billion, up 38% year over year
- 2026 delivery guidance
- 67,000–70,000 vehicles
- Automotive gross result
- $80 million gross loss in Q3
- Software and services gross profit
- $256 million in Q3
- Capital expenditure guidance
- $1.40–$1.50 billion
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