Rivian Posts $1.38 Billion Q1 Revenue, Turns $119 Million Gross Profit
Rivian reports Q1 2026 revenue of $1.38 billion and a $119 million gross profit, marking its first profitable quarter amid cost cuts. Rivian Automotive reported $1.38 billion in revenue for Q1 2026, meeting market expectations as it ramped up deliveries of its R1T and R1S