--- title: "Rivian raises its delivery forecast as the R2 becomes its best-selling model" description: "Record third-quarter deliveries and a lifted guidance floor give Rivian shareholders and prospective R2 buyers new numbers to watch." url: https://business-finance.skoop.news/rivian-rivn-q3-2026-earnings-results-beat-revenue-estimates--9c14d5/ published: 2026-10-30T03:34:09.620535-04:00 modified: 2026-10-30T03:34:09.620545-04:00 section: "Business & Finance" publisher: "skoop.news" language: en keywords: ["Rivian", "RJ Scaringe", "Point", "IEEPA", "trading", "sales"] hashtags: ["#RJScaringe", "#Rivian", "#Point", "#Trading", "#business"] image: https://upload.wikimedia.org/wikipedia/commons/3/38/EBITDA_bridge.png?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail_unscaled --- # Rivian raises its delivery forecast as the R2 becomes its best-selling model > Record third-quarter deliveries and a lifted guidance floor give Rivian shareholders and prospective R2 buyers new numbers to watch. Published 2026-10-30 · Updated 2026-10-30 · Business & Finance, [skoop.news](https://skoop.news/) ## In brief - Rivian delivered a record 19,248 units from July through September, and its shareholders saw the stock rise in after-hours trading. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) [[2]](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) - The R2 has become Rivian's best-selling model, and its first deliveries reached customers in June. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) - Rivian's 2026 guidance revisions cover expected improvements in vehicle deliveries, pre-tax adjusted earnings and capital expenditures. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) ## A record quarter lifts the stock Rivian delivered a record 19,248 units from July through September, and its shareholders saw the stock rise in after-hours trading. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) [[2]](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) The move followed the release of the company's Q3 2026 earnings results. [[2]](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) Deliveries were up 46 percent year-over-year. [[2]](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) ## The R2 takes the lead The R2 has become Rivian's best-selling model, and its first deliveries reached customers in June. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) CEO RJ Scaringe said the R2 became Rivian's best-selling vehicle by volume during the quarter. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) Scaringe said the R2 ramp-up is critical for Rivian reaching positive gross margin on R2. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) Rivian reiterated that it expects the R2 to have a positive gross margin by the end of the year. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) Scaringe has also said Rivian will reach profitability this year on a per-unit production basis with the R2. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) He pointed to progress on Rivian's autonomy platform and its Point to Point technology. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) ## The revised 2026 guidance Rivian's 2026 guidance revisions cover expected improvements in vehicle deliveries, pre-tax adjusted earnings and capital expenditures. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) On deliveries, the company raised the lower end of its full-year forecast to 67,000 to 70,000 vehicles from a previous range of 65,000 to 70,000. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) Rivian attributed the improvement in its pre-tax adjusted earnings guidance to better-than-expected regulatory credit sales, an IEEPA tariff refund receivable in the third quarter, and expected higher vehicle deliveries. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) Capital expenditure is forecast at $1.4 billion to $1.5 billion. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) Rivian ended the quarter with $5.5 billion in cash and short-term investments. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) ## What this means for you If you hold Rivian shares, the stock rose after hours following the Q3 2026 results. [[2]](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) The numbers to track are the full-year delivery range of 67,000 to 70,000 vehicles and the capital expenditure forecast of $1.4 billion to $1.5 billion. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) If you are weighing an R2, it is now the company's best-selling model by volume. [[3]](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) The milestone to watch is Rivian's expectation of a positive gross margin on the R2 by the end of the year. [[1]](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) ## Sources 1. [Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise](https://www.cnbc.com/2026/10/29/rivian-rivn-earnings-q3-2026.html) — CNBC 2. [Rivian (RIVN) Q3 2026 earnings results beat revenue estimates on smaller than expected loss](http://www.shacknews.com/article/151206/rivian-rivn-q3-2026-earnings-results) — Shacknews 3. [Rivian shares rise after revenue and earnings beat estimates](https://www.proactiveinvestors.com/companies/news/1100958/rivian-shares-rise-after-revenue-and-earnings-beat-estimates-1100958.html) — Yahoo Finance Image: Photo: Sherlockholmesl2 / Wikimedia Commons, CC0 (https://commons.wikimedia.org/wiki/File:EBITDA_bridge.png) --- Written from the sources above and checked twice (rules and an independent model) before publishing. How we work: https://skoop.news/how-we-work/ · Corrections: https://skoop.news/corrections/