Signage outside Rivian’s offices in Palo Alto, California, Dec. 10, 2025.
Jason Henry | Bloomberg | Getty Images
Rivian Automotive beat Wall Street’s third-quarter earnings expectations as it ramped up production of its new R2 entry-level SUV that the company has promised investors will lead the company to profitability.
Here’s how Rivian performed in the period ended Sept. 30, compared with average estimates compiled by LSEG:
- Loss per share: 48 cents adjusted vs. loss of 62 cents expected
- Revenue: $2.16 billion vs. $1.99 billion expected
The electric vehicle maker also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.
The new guidance calls for a pre-tax adjusted loss of between $1.75 billion and $1.85 billion — a $100 million improvement at the midpoint from its prior guidance — vehicle deliveries of between 67,000 and 70,000 units, up from at least…
