Business
Mobileye Releases Second Quarter 2025 Results, Updates Full-year 2025 Outlook, and Provides Business Overview
Revenue of $506 million in the second quarter increased 15% year over year compared to Q2 2024 on strong demand across the business. Operating Income (Loss)
About this update from Mobileye Global Inc.
[{"type":"text","content":"\n\nRevenue of $506 million in the second quarter increased 15% year over year compared to Q2 2024 on strong demand across the business. Operating Income (Loss) and Adjusted Operating Income improved 21% and 34%, respectively.\n\n\n\nDiluted EPS (GAAP) was $(0.08) and Adjusted Diluted EPS (Non-GAAP) was $0.13 in the second quarter of 2025.\n\n\n\nContinued strength in supply-demand dynamics supports an upward revision of our full-year 2025 revenue outlook to $1,765 million - $1,885 million, implying 7% - 14% year-over-year revenue growth.\n\n\n\nGenerated net cash from operating activities of $322 million in the six months ended June 28, 2025. Our balance sheet is strong with $1.7 billion of cash and cash equivalents and zero debt as of June 28, 2025.\n\n\n\n JERUSALEM--(BUSINESS WIRE)--\nMobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months ended June 28, 2025.\n\n\n“The business performed very well in Q2, both on the revenue growth and cost management side. Stronger visibility on industry supply-demand alignment since late-April supports our decision to raise the full-year outlook, while we continue to maintain a conservative stance given the broader macro environment,” said Mobileye President and CEO Prof. Amnon Shashua. “Substantial progress on our advanced product programs raises our confidence that upcoming launches will lead to an inflection in Mobileye’s growth trajectory in 2027, with Drive anticipated to join SuperVision as material growth drivers in that year.”\n\n\nSecond Quarter 2025 Business Highlights\n\n\n\nRevenue growth of 15% year-over-year in Q2 was higher than our prior outlook and it was broad-based, including strong EyeQ volumes across our customer base (including China-based OEMs), steady ramp-ups of new ADAS programs, and good end-demand for vehicles with the first-generation SuperVision system. We continue to win new programs at a high rate and incremental traction on Surround ADAS signals strong potential for a next generation of higher-content ADAS for mass-market vehicles.\n\n\n\n\nSimultaneous execution of our four advanced products with various brands of the Volkswagen Group continues to meet performance and safety KPI’s laid out at the start of each program. Volkswagen unveiled and demonstrated the autonomous driving version of the ID.Buzz in Ju...