EV maker Rivian expects increase in quarterly revenue

On July 6, 2026, Rivian Automotive Inc. announced predictions for its second-quarter revenue, expecting it to be between $1.55 billion and $1.65 billion, significantly higher than the $1.30 billion from the same period last year. This positive outlook is mainly due to an increase in vehicle deliveries. However, Rivian's shares fell by 9% to $18.32 in after-hours trading, reflecting investor concerns despite the revenue increase.

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Rivian Automotive Inc

July 6 (Reuters) - Electric vehicle maker Rivian (RIVN.O), opens new tab on ‌Monday said it expects to report an increase in second-quarter revenue, ⁠driven primarily by higher vehicle deliveries.

The company expects revenue between $1.55 billion and $1.65 billion in the ‌second ⁠quarter, compared to $1.30 billion it reported a year earlier.

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Shares of ⁠Rivian, however, were down 9% at $18.32 ⁠in extended trading.

Reporting by ⁠Juby Babu in Mexico City; Editing by Jonathan Ananda

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EV maker Rivian expects increase in quarterly revenue

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