RIVN
Rivian Automotive, Inc.
Rivian Automotive (RIVN) Q2 2026 earnings
Published Jul 30, 2026
AI summary
- Revenue $1.66B, up 27% from $1.3B a year ago.
- GAAP EPS −$0.63 beat the −$0.78 consensus by $0.15, up from −$0.97 a year ago.
- Rivian reported second quarter revenue of $1.658 billion, a 27% increase compared to the same period last year.
- The company achieved a gross profit of $179 million, marking a significant improvement from the prior year.
- Deliveries of the new R2 model began in June, supporting the company's long-term growth strategy.
Results vs analyst consensus
Revenue
Reported
$1.66B
Consensus not captured before release
+27% YoY
EPS · GAAP (street basis)
Reported · Diluted EPS (GAAP, street basis)
−$0.63
Consensus −$0.78
Beat by $0.15GAAP EPS: −$0.63
Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Automotive gross profit was negatively impacted by approximately $100 million due to the R2 production ramp.
- Net cash used in operating activities was $487 million, driven by inventory buildup for the R2 launch.
Read original report
Source: Rivian Automotive, Inc. press release · SEC Form 8-K exhibit 99.1