Content overview: “Rivian Q3 2026 earnings: R2 becomes best-seller as revenue jumps 38% to $2.155 billion”. Rivian reported third-quarter 2026 results with revenue up 38% year-over-year to $2.155 billion, beating Wall Street expectations. The R2, in its first full quarter of deliveries, is now the company’s best-selling vehicle, surpassing the R1 and the Amazon delivery van. This milestone underscores strong demand for Rivian’s more affordable R2 platform and validates its strategy to expand beyond premium EVs and commercial vans.
Rivian raised its full-year 2026 guidance across all key metrics, signaling confidence in continued growth. However, the company remains unprofitable, and the R2 production ramp weighed on automotive margins this quarter, reflecting the costs of scaling a new model. The results highlight Rivian’s momentum in the competitive EV market, but also the financial challenges of transitioning to higher-volume, lower-margin vehicles. For the complete material, the listing points back to the source inside the network.