Earnings ·
Reports $2.155B Q3 revenue, raises full-year delivery guidance to 67,000-70,000 units
RIVNRivian Automotive, Inc. / DE
Rivian reported third-quarter revenue of $2.155 billion, a 38% increase year-over-year, driven by record deliveries of 19,248 vehicles and strong software and services growth. The company improved its full-year delivery guidance to 67,000-70,000 units from the previous range of 65,000-70,000, citing better-than-expected regulatory credit revenue and R2 production ramp progress. Additionally, Rivian appointed Derek Mulvey as Interim Chief Financial Officer effective October 30, 2026, following the departure of the prior CFO. The company operates in the electric vehicle manufacturing industry.