Rivian Lifts 2026 Delivery Forecast and Cuts CapEx After Q2 Revenue Beats $1.66 Billion
Rivian posted second-quarter revenue of $1.66 billion, beating analyst estimates, as it lifted its full-year delivery forecast to 65,000-70,000 units and cut capital expenditure guidance to $1.7 billion-$1.8 billion for 2026.
The electric-vehicle maker reported a net loss of $837 million on deliveries of 12,194 vehicles. Management opened external shipments of its new R2 midsize SUV this quarter, following a $1.3 billion equity offering.
From the sources (9 posts)
@financialjuice$RIVN Rivian Q2 Earnings Loss per share $0.63, vs. loss $0.97 y/y Revenue $1.66B, est. $1.52B Vehicles delivered 12,194, est. 11,471 Production 12,613 vehicles, est. 12,145 Cash & cash equivalents $3.59B, est. $3.62B Still sees FY vehicles
@firstsquawkRIVIAN STILL SEES FY VEHICLE DELIVERIES OF 65,000-70,000 AND SEES FY ADJUSTED EBITDA LOSS OF $1.8 BLN-$2.0 BLN, BETTER THAN THE EXPECTED $2.01 BLN LOSS.
@wallstengineRIVIAN $RIVN Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.66B (Est. $1.51B) 🟢; +27% YoY 🔹 EPS: -$0.63 (Est. -$0.63) 🟡 🔹 Adj. EBITDA: -$379M (Est. -$550M) 🟢 🔹 Free Cash Flow: -$849M (Est. -$988M) 🟢 Raises FY26 Guide: 🔹 Deliveries: 65,000-70,000
@trendspider$RIVN Q2 EARNINGS EPS: $(0.63) vs $(0.74) est Sales: $1.658B vs $1.507B est 🟩 +1.87%
@alphasenseinc$RIVN Earnings: - Delivered $1.658 billion of revenue, a 27 percent increase over the same quarter last year, and achieved gross profit of $179 million - Net loss attributable to common stockholders for the second quarter of 2026 was $(837
@businessRivian reported better-than-expected earnings as it began deliveries of a new midsize sport-utility vehicle, a positive sign while the company contends with a weakened market for electric vehicles in the US
@cnbcRivian reduces 2026 spending plans, narrows earnings guidance
@stockmktnewzRivian $RIVN stock is up by 1.5% in after hours following its earnings @WOLF_Financial is a good follow for earnings season
@businessRivian reported better-than-expected earnings as it began deliveries of a new midsize sport-utility vehicle, a positive sign while the company contends with a weakened market for electric vehicles in the US