Rivian Just Changed EVERYTHING! R2 Drives Record Growth & Profits Surge! | Q3 2026 Earnings

Rivian is gaining serious momentum, and its Q3 2026 earnings report might be one of its biggest wins yet! The R2 is already Rivian's best-selling vehicle, revenue is climbing, software profits are surging, and management just raised its full-year guidance.

In this Mini Charge episode of EV Geek Studios, Joel breaks down Rivian's latest financial results and what they mean for the company's future.

Here's what we're covering:

• Rivian reports $2.155 BILLION in Q3 revenue, up 38% year-over-year.

• Vehicle deliveries jump 46% to 19,248.

• The R2 becomes Rivian's best-selling vehicle by volume in its first full quarter.

• Software and Services revenue climbs to $605 million, delivering a massive 42% gross margin.

• The Volkswagen partnership continues to provide a major financial boost.

• Rivian improves its gross profit and narrows its net losses.

• Why Rivian just raised its 2026 delivery guidance to 67,000–70,000 vehicles.

• What's next for Rivian heading into 2027?

Plus, we look ahead to Rivian's December 9 Autonomy and AI Day and what it could mean for the company's future.

Is Rivian finally making the transition from EV startup to serious mass-market competitor? The numbers are certainly getting interesting!

👇 JOIN THE CONVERSATION: Do you think the R2 can be the vehicle that finally puts Rivian on the path to profitability? Let us know in the comments!

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