EV & Autonomous Earnings & Financial Results — Latest Quarter

JOBY reported its first significant revenue from the Blade acquisition in Q2 FY2026, but operating losses deepened as it ramps investment ahead of planned 2026 passenger flights.

Lucid's Q2 FY2026 revenue surged 56% on higher deliveries, but net loss nearly doubled to $1.03 billion as production costs and inventory charges offset gains, while the company outlined cost-cutting measures and continued to develop its Midsize platform.

In Q2 FY2026, Rivian achieved a positive gross profit of $179M and 27.2% revenue growth to $1.658B, driven by the commencement of R2 deliveries, expansion of its software joint venture, and $106M in regulatory credit sales, while continuing to incur net losses of $833M.

QuantumScape remained pre-revenue in Q2 FY2026, narrowed its quarterly net loss to $98.2M from $114.7M while ramping its San Jose pilot line, and reported $859.0M of cash, cash equivalents and marketable securities to fund ongoing solid-state battery development. Source: 10-Q Item 2 MD&A, pp.21-26

Tesla's Q2 FY2026 revenue rose 25.5% to $28.2 billion, but operating income halved as surging R&D and SG&A expenses from AI and autonomous vehicle investments compressed margins.

Archer Aviation reported its first-ever revenue of $1.6M in Q1 2026, but net losses deepened sharply to -$217.7M as R&D spending surged 65.6% YoY to $171.7M, reflecting heavy investment in eVTOL aircraft development ahead of commercial launch.

AST SpaceMobile (ASTS) reported a net loss of $191.0M in Q1 2026, more than quadrupling year-over-year, while the company dramatically expanded its balance sheet to $6.05B in total assets—primarily funded by $1.1B in new financing—as it accelerates its satellite broadband network buildout.