Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.

Rivian's Q2 2026 revenue rose 27% to $1.658B and gross profit hit a record $179M as R2 deliveries began, but its car business still lost money.

Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.