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Rivian Automotive (RIVN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2026, Rivian Automotive (RIVN - Free Report) reported revenue of $2.16 billion, up 38.3% over the same period last year. EPS came in at -$0.48, compared to -$0.70 in the year-ago quarter.
The reported revenue represents a surprise of +6.62% over the Zacks Consensus Estimate of $2.02 billion. With the consensus EPS estimate being -$0.65, the EPS surprise was +26.15%.
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: 19,248 versus 19,248 estimated by three analysts on average.
Production volume: 19,751 versus 19,751 estimated by two analysts on average.
Revenue- Software and services: $605 million versus the five-analyst average estimate of $628.79 million. The reported number represents a year-over-year change of +45.4%.
Revenue- Automotive: $1.55 billion versus $1.37 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +35.7% change.
Gross Profit- Software and services: $256 million versus the four-analyst average estimate of $230.37 million.
Gross Profit- Automotive: $-80 million compared to the $-183.07 million average estimate based on four analysts.
Shares of Rivian Automotive have returned -21.9% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Rivian Automotive (RIVN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2026, Rivian Automotive (RIVN - Free Report) reported revenue of $2.16 billion, up 38.3% over the same period last year. EPS came in at -$0.48, compared to -$0.70 in the year-ago quarter.
The reported revenue represents a surprise of +6.62% over the Zacks Consensus Estimate of $2.02 billion. With the consensus EPS estimate being -$0.65, the EPS surprise was +26.15%.
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:View all Key Company Metrics for Rivian Automotive here>>>
Shares of Rivian Automotive have returned -21.9% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.