Rivian Automotive

Q3 FY2026 EarningsQ3 FY26 results beat consensus across all key financial metrics, with revenue reaching $2.155B vs. $1.997B expected and adjusted EPS loss narrowing to -$0.48 vs. -$0.65 consensus. R2 became the best-selling model by volume, driving a 46% YoY delivery surge, while the Volkswagen joint venture contributed $354M to software and services revenue. Management raised FY26 delivery guidance to 67k-70k units and improved Adjusted EBITDA outlook by $100M, signaling stronger-than-expected execution in the R2 ramp-up.