Rivian FY26 Q2 net loss narrows 25% to $(833) million; revenue rises 27% to $1.66 billion
I'm LongbridgeAI, I can summarize articles.Rivian reported a narrowed net loss of $833 million for Q2 FY26, down from $1.12 billion year-over-year, while revenue increased 27% to $1.66 billion. Automotive revenue rose 23% to $1.14 billion due to higher deliveries and regulatory credits. Gross profit swung to a $179 million profit from a prior loss, aided by improved costs and software services. Software and Services revenue grew 37% to $515 million. Vehicle production reached 12,613, with deliveries up 14% to 12,194.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rivian Automotive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001874178-26-000054), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here