Rivian Automotive, Inc. (RIVN) Earnings Call Transcripts

Rivian Automotive, Inc.'s Latest Earnings Call - June 3, 2026

In the second quarter of 2026, Rivian Automotive, Inc. reported a revenue of approximately $1.5 billion, reflecting a significant increase driven by the upcoming R2 vehicle launch. The company delivered just over 10,000 units in Q1 and anticipates a ramp-up to 22,000 units per quarter in Q3 and Q4, with guidance for total deliveries in Q2 set between 9,000 and 11,000 units. Management reiterated their EBITDA guidance for the year, indicating confidence in demand and operational execution despite rising raw material costs.

Reported metrics

Guidance from management

Management maintained their EBITDA guidance for the year, indicating confidence in operational execution and demand despite inflationary pressures. They expect a significant ramp-up in deliveries in the second half of the year driven by the R2 launch.

What management said

Right. So we'll go wave by wave through the orders that we have on hand. And then the other element of it is we're going to have a data sample from customers that may have ordered more recently. It will help us assess the conversion rates across the overall cohort as we are doing our modeling and work associated with the ramp and deployment of the overall delivery execution as well.

So you can think about the Launch Edition as being our performance variant, but with -- it will have lifetime autonomy in it. It has a tow package included as part of it. So there are certainly different elements of what in the future will become added options that are included as part of that Launch Edition bundle.

What analysts pressed on

Analysts expressed concerns regarding supply chain constraints that could impact delivery targets. There were also questions about the sustainability of demand and how effectively Rivian can manage its production ramp-up amidst these challenges.

Main topics on the call

• R2 Vehicle Launch — Rivian is set to begin external deliveries of the R2 on June 9, with test drives available at 100 locations. Claire McDonough stated, "we're really excited to tap into that demand and the interest that we've seen in mark...
• Delivery Guidance — Management expects to deliver an average of over 22,000 units per quarter in Q3 and Q4, with Q2 guidance set at 9,000 to 11,000 units. This reflects a strategic ramp-up in response to R2 demand.
• Supply Chain Challenges — Management emphasized that the ramp-up in deliveries will be heavily supply chain driven, stating, "you can only ramp as quickly as your weakest supplier." This highlights potential risks in achieving delivery targets.
• Amazon Partnership — Rivian's relationship with Amazon continues to strengthen, with increasing volumes year-over-year. McDonough noted, "we anticipate there to be strong demand from Amazon throughout the course of this year."

Read the full Rivian Automotive, Inc. transcript (June 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 50 Rivian Automotive, Inc. earnings call transcripts on record, spanning February 24, 2022 to June 3, 2026. Based on this history, Rivian Automotive, Inc. reports quarterly. The most recent call on file is dated June 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RIVN

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Automobiles

Calls on record

50

First call

February 24, 2022

Most recent

June 3, 2026

Reporting cadence

quarterly