# Rivian software revenue rises 45% as R2 leads vehicle sales

_Published Thursday, October 29, 2026 at 5:06 PM EDT · Products · Latest · Tier 2 — Notable_

![268434_Rivian_Factory_ATahlier_0015 — Primary](https://platform.theverge.com/wp-content/uploads/sites/2/2026/05/268434_Rivian_Factory_ATahlier_0015.jpg?quality=90&strip=all&crop=0%2C10.732984293194%2C100%2C78.534031413613&w=1200)

Rivian reported $605 million in third-quarter software and subscription revenue, up 45 percent year over year, as its R2 became its best-selling vehicle by volume. Software and services generated $256 million in profit, up $102 million from a year earlier, largely from Volkswagen technology licensing and Autonomy Plus subscriptions.

Total revenue reached $2.155 billion, a 38 percent increase. The automotive business still recorded an $80 million gross loss, compared with a $130 million loss a year earlier. Rivian does not disclose sales by model, so the R2's lead does not establish how many reached customers.

## Sources

- [The Verge](https://www.theverge.com/transportation/1022420/rivian-q3-earnings-r2-sales-volkswagen-software)

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Canonical: https://techandbusiness.org/newswire/mbLX7xExfritDEqH6JssZf
Published: 2026-10-29T21:06:57.107Z
Story chronology: 2026-10-29T20:02:00.000Z
Retrieved: 2026-10-29T23:39:10.469Z
Publisher: Tech & Business (techandbusiness.org)