Overview
- The company guided 2026 deliveries to 62,000–67,000 vehicles, with CEO RJ Scaringe saying growth will come from R2 as R1 and commercial vans hold steady.
- The R2 SUV, priced around $45,000 and positioned against Tesla’s Model Y, is expected to start deliveries in the second quarter of 2026.
- Rivian forecast adjusted pre-tax losses of $1.8 billion to $2.1 billion for 2026 and capital expenditures of $1.95 billion to $2.05 billion, up from last year.
- Fourth-quarter revenue reached $1.29 billion, topping estimates, and 2025 gross profit totaled $144 million aided by a Volkswagen software and services joint venture, though the 2025 net loss was $3.6 billion.
- Liquidity disclosures differed by metric, with CNBC citing $6.59 billion in total liquidity including nearly $6.1 billion in cash, cash equivalents and short-term investments, while Reuters reported $3.58 billion in cash and equivalents at year-end.