Rivian Automotive (RIVN) Tops Q1 EPS by 30c, Beats on Revenue; Sees Deliveries of 62,000 - 67,000
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Rivian Releases First Quarter 2026 Financial Results
April 30, 2026 4:05 PM EDTStarted production of saleable R2 vehicles and made first deliveries to employees with external customer deliveries expected in the coming weeks Consolidated revenue growth of 11 percent year-over-year and generated $119 million of consolidated gross profit for the quarter Increased Georgia plant initial production capacity to 300,000 vehicles annually; expects first advance on $4.5 billion DOE loan in early 2027 Robotaxi partnership with Uber to deploy up to 50,000 fully autonomous robotaxis $1 billion of funding from Volkswagen Group through successful completion of winter testing
IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ:... More
