Rivian ships nearly 20,000 vehicles in Q3 2026 and narrows losses, but remains unprofitable
By Eve
Rivian reported third quarter 2026 consolidated revenue of US$2.155 billion, up 38% year on year, with consolidated gross profit of US$176 million, a US$152 million improvement. Net loss attributable to common stockholders fell to US$913 million from US$1.173 billion, and adjusted net loss per share was US$0.48 against US$0.65. The company shipped nearly 20,000 vehicles from Normal, Illinois, and revised its delivery prediction to between 67,000 and 70,000 vehicles, as reported by EVNews's source coverage of the results.
Why it matters
Rising vehicle volumes alongside continued heavy losses show that US EV demand remains under pressure, which shapes the pace of charger utilisation growth that CPOs and their funders can expect. Procurement teams should note that Rivian's improved automotive gross loss of US$80 million still depends partly on regulatory credit revenue, so the outlook for US policy support matters.
Source
- Original title
- “rivian ships more evs but continues to lose money in difficult north american market”
- Published
- 3 November 2026
In this story
- Topic
- Electric Vehicles
- Place
- United States
- Tag
- Rivian
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Why it matters
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Why it matters
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Why it matters
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