Earnings ·
Rivian Automotive reported second quarter 2026 financial results on July 30, 2026, generating $1.658 billion in…
RIVNRivian Automotive, Inc. / DE
Rivian Automotive reported second quarter 2026 financial results on July 30, 2026, generating $1.658 billion in revenue, a 27% year-over-year increase, and achieving consolidated gross profit of $179 million. The company delivered 12,194 vehicles, including the start of external R2 deliveries on June 9, while producing 12,613 units at its Normal, Illinois facility. Rivian reported a net loss attributable to common stockholders of $(837) million and adjusted EBITDA of $(379) million. In early July, the company completed a follow-on equity offering of 86.25 million Class A shares for approximately $1.3 billion in net proceeds. Management updated its full-year guidance, increasing delivery expectations to 65,000–70,000 units and improving adjusted EBITDA mid-point by $50 million to $(1.90) billion. Rivian Automotive is an American automotive technology company that develops and manufactures electric vehicles and vertically integrated technologies.