Q2 revenue rose 27% year-over-year to $1.66B, with strong R2 demand and record demo drives. Automotive gross profit loss narrowed sharply, and 2026 guidance was raised to 65,000-70,000 deliveries. Positive gross profit is expected by year-end as R2 ramps.Based on Rivian Automotive, Inc. [RIVN] Q2 2…
Q2 revenue rose 27% year-over-year to $1.66B, with strong R2 demand and record demo drives. Automotive gross profit loss narrowed sharply, and 2026 guidance was raised to 65,000-70,000 deliveries. Positive gross profit is expected by year-end as R2 ramps.
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