Weekly Recap: Rivian (RIVN) Q2 results and US sourcing shift

Rivian Automotive, Inc. Class A (NASDAQ:RIVN) reported Q2 revenue of $1.66B and gross profit of $179M but a ~$835M net loss, while producing 12,613 and delivering 12,194 vehicles with $5.31B cash; it reaffirmed 65–70k guidance and is shifting to more U.S.-sourced parts amid pressure from cheaper Chinese EVs.

Previous Week Recap

• Rivian Revenue, Loss, Deliveries: Rivian (RIVN) Q2 2026: revenue $1.66B (+27%), net loss ~$835M (~$0.63/share), gross profit $179M (11%), produced 12,613, delivered 12,194, cash $5.31B, reaffirmed 65–70k deliveries.
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  3 sources
• Rivian Favoring US-Sourced Components: Rivian (RIVN) says cheaper Chinese EVs—thanks to low labor and heavy local support—drive the company to favor US-sourced components and reassess global cost structures.
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  Benzinga