Rivian posted a net loss attributable to common stockholders of $833 million for the quarter ended June 30, 2026, narrowing from $1.12 billion a year earlier.
Revenue rose 27% to $1.66 billion, led by Automotive revenue up 23% to $1.14 billion on higher deliveries and regulatory credits.
Gross profit swung to $179 million from a $206 million loss, reflecting improved cost of revenues and higher Software and Services contribution.
Software and Services revenue climbed 37% to $515 million, helped by Joint Venture development services and the launch of paid Autonomy+ in April 2026.
Production increased to 12,613 vehicles from 5,979, while deliveries rose 14% to 12,194.
RIVN•
