Earnings Brief

Rivian Q2 Revenue Rises 27% to $1.658 Billion as R2 Deliveries Begin

Rivian's second-quarter revenue rose 27% year-over-year to $1.658 billion. Gross profit turned positive at $179 million, and the operating loss narrowed. The company also began external deliveries of its lower-priced R2 SUV during the quarter.

Justin Jeon·July 31, 2026 at 09:08·4 min

rivian-q2-revenue-1-658-billion-r2-deliveries-begin

AIKey Summary

Rivian's Q2 revenue rose 27% YoY to $1.658 billion, and gross profit turned positive
Shares rose 3% after results beat Wall Street estimates and R2 SUV deliveries began

Rivian reported second-quarter revenue of $1.658 billion, up 27% year-over-year. Media outlets said the results beat market expectations, according to the company's SEC 8-K filing.

📊 Price at Time of Writing (July 31, 2026, 09:05 KST)
$16.83 ▲ +3.06%

Quarter at a Glance

Rivian's second-quarter revenue rose 27% year-over-year to $1.658 billion. Deliveries increased 14%, boosted by $108 million in regulatory credit revenue and growth in the software and services segment. Gross profit came in at $179 million, an improvement of $385 million from a year earlier.

Revenue: $1.658 billion, up 27% YoY
Gross profit: $179 million, up $385 million YoY
Operating loss: $836 million, narrowed from a $1.114 billion loss a year earlier
Net loss: $837 million, narrowed from $1.115 billion a year earlier
Earnings per share (EPS): Not specified in the filing; media reports said it beat estimates by 20 cents per share

Rivian began external customer deliveries of its midsize R2 SUV for the first time this quarter. Cash and cash equivalents stood at approximately $5.3 billion at quarter-end. In July, the company raised about $1.3 billion by issuing 86.25 million new shares. Rivian said it also expects to receive a $1 billion non-recourse loan from the Volkswagen Group and a $250 million equity investment from Uber later this year. Combined, the company said its available liquidity exceeds $14 billion.

Market Reaction

Following the earnings release, Rivian shares rose 3.06% to $16.83 as of the morning trading session. Reuters, Barron's, and StockStory all reported that revenue beat market expectations. Electrek noted a significant improvement in gross margin. Investing.com said earnings per share also topped estimates by 20 cents.

By Business Segment

Automotive segment revenue: $1.143 billion, up 23% YoY
Automotive segment gross loss: $36 million, narrowed from a $335 million loss a year earlier
Software and services segment revenue: $515 million, up 37% YoY. Of this, $308 million (60%) came from the joint venture with Volkswagen
Software and services segment gross profit: $215 million, a 42% margin

This article was automatically generated based on the original SEC 8-K filing and media reports, with the goal of quickly conveying key data immediately after the announcement. Readers are advised to review the company's official filing before making trading decisions. The stock price reflects the time of writing and may differ from the current price.

Related Assets

Gurus Holding This Stock

Jim Simons (Estate)RIVN 0.5%

Two SigmaRIVN 0.4%

Dmitry BalyasnyRIVN 0.2%

David E. ShawRIVN 0.2%

George SorosRIVN 0.1%

보와

Boaz WeinsteinRIVN 0.1%

Paul Tudor JonesRIVN 0.1%

MORE — EARNINGS BRIEF

Altria, Regeneron, Rimini Street, Mohawk Industries Among 25 US Companies Filing SEC Earnings Today

On July 30, the SEC received 25 Form 8-K Item 2.02 earnings filings, including Altria, Regeneron, and Rimini Street — plus earnings surprises from Apple and Microsoft and the reaction in Korean markets.

SHOO

MHK+23

Jul 31, 08:07

Roblox Q2 Revenue Jumps 36% to $1.5B, But Stock Plunges

Roblox posted second-quarter revenue of $1.5 billion, up 36% year-over-year. But bookings growth of just 8% — the low end of company guidance — sent shares lower after the results.

RBLX

Jul 31, 07:03

ICE Q2 2026 Revenue Hits $2.7B, Adjusted EPS of $1.90 Beats Estimates

ICE posted second-quarter 2026 revenue of $2.7 billion and GAAP earnings per share of $1.69 (up 14% year-over-year). Adjusted EPS of $1.90 topped the Street's estimate of $1.84, and the company also raised its share buyback authorization.

ICE

Jul 30, 21:13

Regeneron Q2 Revenue Hits $4.3 Billion, Up 17% YoY — EPS Beats Estimates

Regeneron posted second-quarter 2026 revenue of $4.3 billion, up 17% year-over-year. Non-GAAP EPS of $14.29 beat estimates by $3.71, while Dupixent sales hit a record $6.0 billion.

REGN

Jul 30, 21:07

Nvidia's 85% Revenue Surge Still Couldn't Lift the Stock — A Textbook 'Sell the News' Event

Nvidia posted $81.6B in Q1 revenue (+85% YoY) and guided Q2 to $91B — demolishing every estimate. Yet the stock fell. A textbook buy-the-rumor, sell-the-news moment driven by 30x forward earnings valuation.

Nokia Surges 140% YTD — Nvidia's $1B Bet Rebrands It as an AI Infrastructure Play

Nokia started as a paper mill in 1865. In 2026, it's one of the market's hottest AI infrastructure stocks — up 140% YTD after Nvidia's $1B strategic investment and a surge in AI data center optical network orders.

eBay's 176% Three-Year Rally Decoded — Is the Buyback Engine Built to Last?

eBay stock surged 176% over three years on a dual engine of earnings growth and buybacks. But with 40% of shareholder returns funded by debt and TikTok Shop looming, the machine faces real stress tests.