Rivian Produces 19,751 Vehicles and Delivers 19,248 in Third Quarter of 2026
Key Facts
Rivian produced 19,751 vehicles and delivered 19,248 in the quarter ended September 30, 2026, according to the company’s filing with the U.S. Securities and Exchange Commission. The company said production and delivery results were "in line with Rivian’s expectations." In the same filing, it affirmed a delivery range of 65,000 to 70,000 vehicles for 2026. The available filing does not establish that the company exceeded earnings expectations or raised its full-year financial guidance. It also does not break out the number of R2 vehicles delivered or attribute financial results to that model. Rivian was scheduled to report its third-quarter financial results after the market close on October 29 and hold an audio webcast at 5:00 p.m. Eastern Time that day.
The delivery figures place the third quarter within the trajectory the company set for the year, but do not in themselves indicate a change to that trajectory. Rivian affirmed a range of 65,000 to 70,000 vehicles in its annual guidance and said the quarterly figures were in line with its expectations. The company had raised its delivery guidance in July, saying the adjustment followed progress made and its production and delivery outlook for the second half of the year. The July update also included a projected adjusted EBITDA loss of between $1.80 and $2.00 billion. The company attributed the improved midpoint loss outlook to better-than-expected regulatory credit revenue and higher deliveries, partly offset by increased raw materials, memory and logistics costs.
Assessing the quarter’s performance remains tied to the financial results scheduled for release on October 29, since production and delivery figures alone do not provide a picture of revenue or profitability. In the second quarter of 2026, Rivian reported total revenue of $1.658 billion, including $515 million from software and services. Its adjusted EBITDA loss was $379 million in that quarter, compared with $602 million in the third quarter of 2025. Before the third-quarter results were announced, Yahoo Finance cited a Bloomberg consensus estimate of $2.02 billion in revenue and an adjusted loss per share of $0.61. These were estimates made before the release, not actual results or evidence that expectations were exceeded.
In its software business, the joint venture between Rivian and Volkswagen focuses on electrical architecture technologies, including software, electronic control units, the design of related network architecture and its development. The venture began operations on November 13, 2024, with the partners holding equal stakes. The disclosure defines the venture’s technical scope; it does not establish that an AI assistant license was added or that a joint software platform was launched on that date. Rivian’s reported software and services revenue for the second quarter was $515 million, and the disclosure did not attribute that figure to the joint venture. The third-quarter results, scheduled for release after the market close on October 29, remain the next milestone for assessing the company’s financial performance.
In the stock market, Rivian (RIVN) closed at $11.67 on October 28, 2026, according to EL7 data. The stock had recorded $12.06 on October 22, then $11.83 on October 23 and $11.43 on October 26, before rising to $11.82 on October 27. Volkswagen shares trading under the symbol (VWAGY) closed at $7.73 on October 28. VWAGY recorded closes of $7.69 on October 22, $7.64 on October 23 and 26, and $7.58 on October 27. These prices cover sessions before the results announcement and do not include the market’s reaction to the release.