Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise

Rivian Automotive beat Wall Street's third-quarter earnings expectations as it ramped up production of its new R2 entry-level SUV that the company has promised investors will lead the company to profitability. Here's how Rivian performed in the period ended Sept. 30, compared with average estimates compiled by LSEG: The electric vehicle maker also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures. The new guidance calls for a pre-tax adjusted loss of between $1.75 billion and $1.