Filing Flows › Rivian Automotive (RIVN) › Q2 2026
Rivian Automotive (RIVN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Rivian Automotive (RIVN) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), +27% from a year earlier and +20% from the quarter before. Operating margin was -50.4%, net loss $837M (50.5% of revenue).
Rivian Automotive, Q2 2026: revenue $1.7B (+27% year over year), operating margin -50.4%, net loss $837M, operating cash flow −$487M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +20% | +27% |
| Operating profit | −$836M | — | — |
| Net earnings | −$837M | — | — |
| Operating cash flow | −$487M | — | -861% |
What changed
Revenue was $1.7B in Q2 2026, up 27% year over year and up 20% from the previous quarter. New electric vehicles was the largest line at 63% of revenue. Software and services added $0.14B year over year (up 37%), 39% of the total change.
Gross margin was 10.8%. Operating costs exceeded revenue by $0.84B, an operating margin of -50.4%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $0.84B, wider than the previous quarter's $0.42B loss. Minority interests bore $4.0M of it: to shareholders the quarter was a loss of $0.83B.
Operating cash flow was −$0.49B. Non-cash charges added back $0.24B of depreciation and amortization and $0.23B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.36B exceeded it, leaving free cash flow of −$0.85B.
Questions
What was Rivian Automotive's revenue in the second quarter 2026?
Rivian Automotive (RIVN) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), +27% from a year earlier and +20% from the quarter before.
Was Rivian Automotive profitable in the second quarter 2026?
Operating loss was $836M (-50.4% of revenue) and net loss $837M.
Source: Rivian Automotive 10-Q on SEC EDGAR.