Technology4 sources
Rivian's R2 Becomes Best-Selling Vehicle, Q3 Earnings Exceed Estimates
- Rivian's R2 SUV is now the company's best-selling vehicle.
- Rivian reported a 38% increase in Q3 revenue to $2.155 billion.
- The company revised its 2026 guidance for vehicle deliveries, earnings, and capital expenditures.
- Rivian's software revenue and R2 deliveries contributed to the earnings beat.
- The R2's strong sales prompted Rivian to improve its guidance for the second time this year.
Articles (5)
CNBC·
Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
TechCrunch·
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The Verge·
Rivian’s R2 is officially its best-selling vehicle
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