Rivian delivered Q3 2026 revenue of $2.155 billion, up 38 percent year-over-year, beating Wall Street expectations. The company raised its 2026 guidance on all metrics.
The R2 became Rivian's best-selling vehicle in its first full quarter of deliveries, outselling both the R1 and the Amazon van. Despite the R2 ramp, automotive margins worsened this quarter as the company continues to operate at a loss in its automotive business.