Rivian Q2 Deliveries Beats Estimates. Raises Delivery Guidance For Fully Year 2026

[Administrator]

Rivian Releases Q2 2026 Production and Delivery Figures, Raises Full Year Delivery Outlook and Sets Date for Second Quarter 2026 Financial Results

Irvine, California, July 2, 2026: Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2026. The company produced 12,613 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,194 vehicles during the same period. Delivery results topped Rivian's outlook of 9,000 to 11,000 vehicles for the quarter due to robust growth quarter-over-quarter in EDV and R1 coupled with the introduction of R2 deliveries.

As a result of the progress Rivian has made, and the production and delivery outlook for the second half of the year, the company is today raising its full year 2026 delivery guidance from 62,000 - 67,000 vehicles, to 65,000 - 70,000.

The company also announced that on July 30, 2026, after market close, it will release its second quarter 2026 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at https://rivian-q2-earnings-webcast-2026.open-exchange.net/ and a replay will be available for four weeks at www.rivian.com/investors following the webcast.

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[Mos Eisley]

Go go go!

 

[Frost]

Press Release: Rivian Releases Q2 2026 Production and Delivery Figures, Raises Full Year Delivery Outlook and Sets Date for Second Quarter 2026 Financial Results

07/02/26 8:34 AM

IRVINE, Calif.--(BUSINESS WIRE)--July 02, 2026--

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2026. The company produced 12,613 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,194 vehicles during the same period. Delivery results topped Rivian's outlook of 9,000 to 11,000 vehicles for the quarter due to robust growth quarter-over-quarter in EDV and R1 coupled with the introduction of R2 deliveries.

As a result of the progress Rivian has made, and the production and delivery outlook for the second half of the year, the company is today raising its full year 2026 delivery guidance from 62,000 - 67,000 vehicles, to 65,000 - 70,000.

The company also announced that on July 30, 2026, after market close, it will release its second quarter 2026 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at https://rivian-q2-earnings-webcast-2026.open-exchange.net/ and a replay will be available for four weeks at www.rivian.com/investors following the webcast.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward- looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our annual delivery outlook.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part II, Item 1A, "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

About Rivian:

Rivian (NASDAQ: RIVN) is an American automotive technology company that develops and manufactures category-defining electric vehicles as well as vertically integrated technologies and services. Through innovation across its electrical architecture, end-to-end software, autonomous driving platform, artificial intelligence, and propulsion, the company creates vehicles that excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are manufactured in the United States and are sold directly to consumer and commercial customers. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal -- preserving the natural world for generations to come.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260702205746/en/

CONTACT: Investors: [email protected]
Media: Harry Porter, [email protected]

(END) Dow Jones Newswires
07-02-26 0834ET

 

[Sgt Beavis]

Might be time to buy RIVN stock.
I’m very happy to see the positive report.

 

[gultin]

Surprised stock is only up 3% pre-market on this. Isn't this THE inflection point everyone has been waiting years for? Oh well, may be they'll wake up one day.

 

[Rade]

Just wishful thinking, but I would love to see my Rivian stock go into the stratosphere... remember the IPO? What was it? $170 a share?

 

[rvnxyz001]

Surprised stock is only up 3% pre-market on this. Isn't this THE inflection point everyone has been waiting years for? Oh well, may be they'll wake up one day.

New annual sales are still extremely low compared to a legacy automakers
They need like 4/5 times more in sales for current stock price to make sense. But stock market doesn't make sense sometimes so they can grow on promises only

 

[Erik+]

Surprised stock is only up 3% pre-market on this. Isn't this THE inflection point everyone has been waiting years for? Oh well, may be they'll wake up one day.

Currently +13%

 

[godfodder0901]

Just wishful thinking, but I would love to see my Rivian stock go into the stratosphere... remember the IPO? What was it? $170 a share?

$78 was the initial IPO.

 

[gultin]

Currently +13%

Looks like the bedside alarm finally went off.

 

[Hereforthesnacks]

New annual sales are still extremely low compared to a legacy automakers
They need like 4/5 times more in sales for current stock price to make sense. But stock market doesn't make sense sometimes so they can grow on promises only

That a guidance was lowered in the past. So we are starting from an artificially low point.

But, can’t complain about numbers going up! The inflection point really is seeing sustained R2 sales growing quarter over quarter into mid 2027. Then you know you have a business

 

[SolidTHX1138]

Rivian's stock price should at least 5x in the next 5 years pending on FSD and R3/R3X. Oh, and Apple Carplay, Rivan can't survive without.

 

[virgnia_rivian]

Surprised stock is only up 3% pre-market on this. Isn't this THE inflection point everyone has been waiting years for? Oh well, may be they'll wake up one day.

Investors will want to hear from Rivian about R2 demand. Reservations turning into actual orders. That will be the inflection point. These are positive numbers, we should know more come the Q2 call.

 

[NY_Rob]

Might be time to buy RIVN stock.
I’m very happy to see the positive report.

Not to worry, once the good news gets out.. the stock will go down!

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