Rivian’s revenue is up as R2 production kicks into gear
Rivian’s revenue is up as R2 production kicks into gear
Rivian 营收增长，R2 车型生产蓄势待发
Rivian reported its first quarter earnings of 2026, providing us a closer look at the company’s financial health as it kicks off production for the crucial R2 electric vehicle. Rivian 公布了 2026 年第一季度财报，让我们得以更深入地了解该公司在启动关键车型 R2 电动汽车生产之际的财务状况。
We’ve already got Rivian’s production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent increase year over year. And it produced 10,236 vehicles at its factory in Normal, Illinois, which represents a 30 percent increase compared to the same period last year. The company also reaffirmed its prediction that it will sell 62,000–67,000 vehicles this year. 我们已经收到了 Rivian 今年头三个月的生产和交付报告。该公司第一季度售出 10,365 辆汽车，同比增长 20%。其位于伊利诺伊州诺默尔（Normal）的工厂生产了 10,236 辆汽车，较去年同期增长 30%。公司还重申了其今年销售 62,000 至 67,000 辆汽车的预测。
In terms of earnings, Rivian said it brought in $1.38 billion in revenue, an 11.3 percent increase compared to the $1.24 billion in Q1 2025. Of that amount, $908 million came from automotive revenue, which is down 1.5 percent year over year. Comparatively, the company reported $473 million from software and subscription services, a whopping 48.7 percent increase year over year. As EV sales slow down, the company is seeking to make more money from its digital products, including the recently announced Autonomy Plus package. 在收益方面，Rivian 表示其营收为 13.8 亿美元，较 2025 年第一季度的 12.4 亿美元增长了 11.3%。其中，汽车业务收入为 9.08 亿美元，同比下降 1.5%。相比之下，软件和订阅服务收入为 4.73 亿美元，同比大幅增长 48.7%。随着电动汽车销售放缓，该公司正寻求从数字产品中获取更多利润，包括最近宣布的 Autonomy Plus 套件。
Rivian’s gross profits were $119 million, a 42 percent decrease year over year. But its automotive profits recorded a loss of $62 million, compared to $92 million in gross profits in the same quarter in 2025, due primarily to the $100 million decrease in sales of automotive regulatory credits and lower production volumes. Rivian 的毛利润为 1.19 亿美元，同比下降 42%。但其汽车业务利润录得 6200 万美元的亏损（2025 年同期为 9200 万美元的毛利润），这主要是由于汽车监管积分销售额减少了 1 亿美元以及产量下降所致。
Rivian is betting that its more affordable R2 vehicle will help boost sales, especially as demand for EV cools down after the elimination of the federal $7,500 EV tax credit. The midsized SUV is crucial to the company’s future, as it seeks to secure a more stable financial position while investing heavily in a new factory and autonomous driving projects. A timely launch — the first R2s are expected to reach customers in June — is seen as vital to that success. Rivian 押注其价格更亲民的 R2 车型将有助于提振销量，尤其是在联邦 7,500 美元电动汽车税收抵免取消后，电动汽车需求降温的情况下。这款中型 SUV 对公司的未来至关重要，因为它在寻求稳固财务状况的同时，还在新工厂和自动驾驶项目上投入巨资。按时发布（首批 R2 预计将于 6 月交付给客户）被视为成功的关键。
Rivian posted its first-ever gross profit in 2025, in part by slashing costs across the company. And it maintains it will achieve positive gross profit margins by the end of 2026. The company is also sticking to its goal of selling upwards of 20,000 R2 vehicles by the end of the year — even despite a tornado ripping the roof off a portion of the company’s factory in Normal earlier this month. Rivian 在 2025 年首次实现毛利润，部分归功于公司全方位的成本削减。公司坚持认为到 2026 年底将实现正毛利率。尽管本月初一场龙卷风掀开了其诺默尔工厂部分区域的屋顶，公司仍坚持其在年底前销售超过 20,000 辆 R2 汽车的目标。
To that end, it’s been a busy few months for Rivian. The company announced its plans to design its own AI chips and add lidar sensors to future R2 models to help power fully autonomous driving. Last month, Rivian outlined the rollout of the R2, starting with higher-priced variants ranging up to $57,000 for the performance version. The much-touted base model, which starts at $45,000, won’t come out until the end of 2027. 为此，Rivian 过去几个月一直非常忙碌。公司宣布计划设计自己的 AI 芯片，并为未来的 R2 车型增加激光雷达传感器，以助力实现完全自动驾驶。上个月，Rivian 概述了 R2 的发布计划，首先推出的是价格较高的版本，性能版最高售价达 57,000 美元。备受推崇的起售价 45,000 美元的基础款要到 2027 年底才会推出。
In addition, Rivian hit a major milestone in its software joint venture with Volkswagen, unlocking an additional $1 billion in investment from the German auto giant. VW has said it would invest a total of $5.8 billion dollars in Rivian if it meets certain goals. The joint venture is developing a next-gen software platform, based on Rivian’s work in zonal architecture, that will eventually find its way in VW brands like Audi, Scout, and Porsche. 此外，Rivian 在与大众汽车的软件合资项目中达成了一个重要里程碑，获得了这家德国汽车巨头额外 10 亿美元的投资。大众汽车曾表示，如果 Rivian 达到特定目标，总共将向其投资 58 亿美元。该合资企业正在开发一个基于 Rivian 区域架构技术的下一代软件平台，最终将应用于奥迪、Scout 和保时捷等大众旗下品牌。
Lastly, the company landed a major deal with Uber to sell tens of thousands of R2 vehicles to the ridehail company for use as robotaxis. Uber said it would invest $1.25 billion as part of the deal, starting with $300 million at signing. 最后，该公司与 Uber 达成了一项重大协议，将向这家网约车公司出售数万辆 R2 汽车，用作自动驾驶出租车（Robotaxi）。Uber 表示将作为协议的一部分投资 12.5 亿美元，签约时首付 3 亿美元。