Latest Earnings Results: Q3 '26
Estimated EPS
-$0.64
Reported EPS
-$0.48
Surprise
+25.44%
Estimated Rev
$2B
Reported Rev
$2.15B
Surprise
+7.68%
• Reported GAAP EPS of -$0.48 up 26.15% YoY • Reported revenue of $2.15B up 38.32% YoY • Rivian improved 2026 delivery guidance to 67,00070,000 units; adjusted EBITDA guidance improved by $100M at midpoint to -$1.85B-$1.75B; capital expenditures decreased by $300M at midpoint to $1.4B$1.5B.
Bullish Takeaway
Rivian's software and services revenue and gross profit increased, R2 became its best-selling vehicle by volume, and Autonomy+ supports Universal Hands-Free, with Point to Point rollout expected later this year.
Bearish Takeaway
Rivian reported automotive gross loss and approximately $120M in R2 ramp costs, operating cash use of -$758M, free cash flow of -$1.12B, and risk involving one customer generating a significant portion of revenues.
Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q4 '26 | -$0.56 | -- | -- | N/A |
Q3 '26 | -$0.64 | -$0.48 | 25.44% | BEAT |
Q2 '26 | -$0.66 | -$0.47 | 28.49% | BEAT |
Q1 '26 | -$0.63 | -$0.55 | 13.49% | BEAT |
Q4 '25 | -$0.71 | -$0.53 | 24.79% | BEAT |