Rivian beats third-quarter earnings estimates and raises its 2026 delivery outlook
CNBC reports the R2 became Rivian’s best-selling model, while software and services generated $605 million in revenue.
TLDR
CNBC reports Rivian’s third-quarter revenue reached $2.16 billion, above a $1.99 billion estimate compiled by LSEG. Its adjusted loss was 48 cents per share, narrower than the expected 62 cents. Rivian raised its 2026 delivery forecast to 67,000–70,000 vehicles from at least 65,000, though it remained unprofitable overall.
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