Back to top

Image: Bigstock

Here's What Key Metrics Tell Us About Rivian Automotive (RIVN) Q1 Earnings

Read MoreHide Full Article

Rivian Automotive (RIVN - Free Report) reported $1.38 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 11.4%. EPS of -$0.55 for the same period compares to -$0.41 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.37 billion, representing a surprise of +1.04%. The company delivered an EPS surprise of +7.72%, with the consensus EPS estimate being -$0.60.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Rivian Automotive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Delivery volume: 10,365 versus the four-analyst average estimate of 10,051.
  • Revenue- Software and services: $473 million versus the five-analyst average estimate of $510 million.
  • Revenue- Automotive: $908 million versus $851.63 million estimated by five analysts on average.
  • Gross Profit- Software and services: $181 million compared to the $175.03 million average estimate based on three analysts.
  • Gross Profit- Automotive: $-62 million versus $-82.14 million estimated by three analysts on average.

View all Key Company Metrics for Rivian Automotive here>>>

Shares of Rivian Automotive have returned +7.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in