PomegraRivian Stock Jumps 7% After Earnings Beat
Why is Rivian stock up today?
Rivian (RIVN) stock rose about 7% in after-hours trading on Thursday after the electric-truck maker beat Q3 earnings estimates with $2.16B in revenue and raised its 2026 delivery forecast.
Key numbers
| Q3 revenue | $2.155B+38% YoY; est. $2.02B |
|---|---|
| Q3 deliveries | 19,248+46% YoY |
| Adjusted loss per share | $0.48vs $0.61 expected |
| Gross profit | $176Mvs $24M a year ago |
| 2026 delivery guidance | 67,000–70,000from 65,000–70,000 |
| Cash and short-term investments | $5.50B$7.10B total liquidity |
What happened
Rivian (RIVN) stock rose about 7% in after-hours trading on Thursday after the electric-truck maker beat Q3 earnings estimates with $2.16B in revenue and raised its 2026 delivery forecast. Sales were $2.16 billion, up 38% from a year earlier, against about $2.02 billion expected. The loss, ignoring some one-off costs, was 48 cents a share, smaller than the 61 cents analysts expected. Rivian delivered 19,248 vehicles, up 46%, and its new R2 SUV was its best seller. It now expects 67,000 to 70,000 deliveries in 2026, up from 65,000 to 70,000.
Why it matters
Rivian is still losing money while trying to grow, so a bigger-than-expected sales jump suggests its new R2 SUV is finding buyers. The company also narrowed its expected 2026 loss and cut planned spending by about $300 million at the midpoint, which eases worries about cash. It still lost $913 million in the quarter, so profit remains a long way off.
Who this affects
- MarketbullishLow impact
- EV investors get a modest lift as Rivian shares gain about 7%.
- CompanybullishMedium impact
- Shareholders gain as sales, losses and guidance all improve.
- CompetitorsmixedLow impact
- Rivals face a growing R2 in the SUV market.
- IndustrymixedLow impact
- New EV models are selling, but losses remain large.
Rivian vs Tesla, Lucid
How we got here
Rivian begins R2 deliveries, which drive third-quarter growth.
Rivian reports Q3 results after the close and raises its delivery outlook.
Shares trade about 7% higher in extended and premarket trading.
What to watch
- Whether Rivian exits Q4 with positive automotive gross profit, as it says it expects.Q4 2026
- Whether full-year deliveries land inside the new 67,000–70,000 range.Q4 2026
- Lucid's Q3 earnings, a read on how rival EV makers are doing.2026-11-09
Educational content only. Not investment advice.
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