Rivian's R2 Becomes Its Best-Selling Vehicle as Q3 Revenue Rises 38%

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Rivian has reported its third-quarter 2026 earnings, offering a look at its finances as production of the R2 electric vehicle ramps up. The R2 is now outselling the company's other EVs for the first time. Quarterly revenue reached $2.155 billion, up 38 percent from the same period in 2025. Automotive revenue accounted for $1.55 billion of that total, rising 36 percent year over year. Software and subscription services brought in $605 million, a 45 percent increase, as the company works to offset slowing EV sales.

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