FinanceElectrekabout 1 hour ago
Rivian Q3 Revenue Jumps 38% to $2.155 Billion
6 min read
Rivian reported Q3 2026 revenue of $2.155 billion, a 38% year-over-year increase, beating Wall Street expectations. The R2 became the company's best-seller with 19,248 deliveries, though automotive gross margins worsened to -5% due to ramp costs. Rivian raised 2026 guidance for deliveries to 67,000 to 70,000 units and cut capital expenditure projections by $300 million at the midpoint.
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