Rivian Automotive shares are trading higher Friday after the company reported second-quarter results on Thursday after the market closed.
Rivian beat Q2 with $1.65B revenue (+27% YoY), net loss halved to $837M; R2 deliveries began with 57,000 demo drives. Improved margins and R2 launch signal profitability progress—critical for $5.3B cash position and EV supply-chain viability.
Rivian Automotive Inc.
(NASDAQ:RIVN) shares are trading higher Friday after the company reported second-quarter results on Thursday after the market closed.
Rivian Automotive stock is surging to new heights today.
Why are RIVN shares rallying?
Q2 Loss Narrows On Strong Revenue Growth Rivian reported a loss per share of 63 cents, beating the consensus estimate of 74 cents loss.
Rivian ($RIVN) stock jumps 10%+ after beating Q2 delivery goals and raising its full-year 2026 delivery guidance.
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