Rivian Releases First Quarter 2026 Financial Results
Rivian reported Q1 2026 revenue of $1.38B, up 11% year-over-year, and generated $119M in consolidated gross profit while starting production of its R2 vehicle. The company secured major strategic capital, including a $1B investment from Volkswagen Group and a commitment from Uber for up to $1.25B in equity to fund a 50,000-unit robotaxi fleet.
Key figures
- Revenue
- $1,381 million
- Guidance
- 2026 Vehicles Delivered 62,000 - 67,000; Adjusted EBITDA $(2.10) billion - $(1.80) billion; Capital Expenditures $1.95 billion - $2.05 billion
- Revenue Yoy
- 11 percent
- Deal Value Usd
- 1000000000
- Deliveries q1
- 10365
- Doe loan amount
- 4500000000
- Production volume q1
- 10236
- Consolidated gross profit
- 119000000
AI analysis
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