Rivian Stock Fell 9% after Earnings. Who Owns the EV Maker?
I'm LongbridgeAI, I can summarize articles.Rivian (RIVN) shares fell 9% following Q2 earnings, despite beating revenue expectations with $1.66 billion (+27.7% YoY) and raising its 2026 delivery forecast. The decline was driven by widening cash burn, with operating cash flow dropping to -$487 million and free cash flow to -$849 million. Shares recovered slightly in after-hours trading. Ownership data shows public companies and individuals hold 66.22%, while insiders, ETFs, and mutual funds hold smaller percentages.
Electric vehicle maker Rivian (RIVN) stock fell about 9% on Friday despite reporting better-than-expected second-quarter results. However, the shares recovered about 1% in after-hours trading. The EV maker posted revenue of $1.66 billion, up 27.7% from a year ago and above Wall Street's expectations. The company also raised its 2026 delivery forecast to 65,000–70,000 vehicles from 62,000–67,000 previously.
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However, investors focused on rising cash burn. Rivian used $487 million in operating cash during the quarter, compared with generating $64 million a year earlier. Free cash flow widened to a negative $849 million from negative $398 million in the year-ago quarter. With RIVN stock under pressure, it's worth taking a closer look at who owns Rivian stock.
Who Owns RIVN Stock?
Now, according to TipRanks' ownership page, public companies and individual investors own 66.22% of RIVN. They are followed by insiders, ETFs, mutual funds, and other institutional investors, at 15.02%, 10.16%, 7.97%, and 0.63%, respectively.