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Rivian Automotive (RIVN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Rivian Automotive (RIVN - Free Report) reported revenue of $1.66 billion, up 27.2% over the same period last year. EPS came in at -$0.47, compared to -$0.80 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.59 billion, representing a surprise of +4.25%. The company delivered an EPS surprise of +27.69%, with the consensus EPS estimate being -$0.65.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: 12,194 compared to the 11,463 average estimate based on three analysts.
  • Revenue- Software and services: $515 million versus $553.64 million estimated by five analysts on average.
  • Revenue- Automotive: $1.14 billion versus $949.88 million estimated by five analysts on average.
  • Gross Profit- Software and services: $215 million compared to the $212.74 million average estimate based on three analysts.
  • Gross Profit- Automotive: $-36 million versus $-146.87 million estimated by three analysts on average.

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

Shares of Rivian Automotive have returned -5% over the past month versus the Zacks S&P 500 composite's -1.5% 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.

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