Rivian projects 2026 vehicle deliveries of 62,000‑67,000 units, setting its delivery guidance for the year.
Adjusted EBITDA is forecast as a loss between $2.10 bn and $1.80 bn, with capital expenditures of $1.95‑$2.05 bn.
Gross profit fell due to a $100 m drop in automotive regulatory credit sales and a shift toward commercial vans.
Software and services revenue rose 49% YoY, and Rivian began R2 production while securing a $1 bn Volkswagen investment.