Rivian’s R2 becoming its best-selling vehicle signals a critical shift in the company’s financial health and production strategy, driving significant revenue growth.
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Rivian reported its third quarter earnings of 2026, providing us a closer look at the company's financial health as it ramps up production of its all-important R2 electric vehicle - which is now, for the first time, outselling all of Rivian's other EVs. Rivian said it brought in $2.155 billion in revenue, a 38 percent increase compared to the $1.558 billion in Q3 2025. Of that amount, $1.55 billion came from automotive revenue, which is up 36 percent year over year. Comparatively, the company reported $605 million from software and subscription services, a 45 percent increase year over year. As EV sales slow down, the company is seeking to … Read the full story at The Verge.
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