Luminar Technologies — Q3 2025 Earnings Presentation
12 slides from Luminar Technologies's earnings presentation, Nov 13, 2025
Slide 1: Luminar Q3'25 Update
Luminar Q3’25 Update November 13, 2025
Slide 2: Building advanced LiDAR and photonics technologies
Building advanced LiDAR and photonics technologies to enable safety, security and autonomy for automotive, commercial and defense applications © 2025 Luminar Technologies, Inc. All rights reserved. | 2
Slide 3: Technology
Technology Key advantages of Luminar’s technology platform include: Eye Safety Luminar’s 1550nm platform can output more power than 905nm while remaining eye safe. More power means better range and resolution across conditions. Industry Leading Long-Range, High- Luminar’s technology can detect objec
Slide 4: Applications
Applications Founded with the goal to save over 1 million lives per year, Luminar has brought high performing LiDAR from breakthrough innovation to production scale across both automotive and non-automotive markets Luminar’s long-range performance, small object detection, and real-world reliability
Slide 5: Q3'25 Financial Results Highlights
Q3’25 UPDATE Q3’25 Financial Results Highlights Revenue Gross Loss Cash & Marketable Securities[2] $18.7M GAAP = $(8.1)M $74M +20% QoQ, +21% YoY Non-GAAP [1] = $(7.3)M Luminar entered into further forbearance Comments: Comments: agreements and non-disclosure agreements Q3 gross loss improved sequent
Slide 6: Appendix
Appendix © 2025 Luminar Technologies, Inc. All rights reserved. | 6
Slide 7: Q3'25 Selected Financials & Reconciliation of Non-GAAP Financial Measures
APPENDIX Q3’25 Selected Financials & Reconciliation of Non-GAAP Financial Measures In thousands, Unaudited Three Months Ended Nine Months Ended Sep 30, 2025 Sep 30, 2024 Sep 30, 2025 Sep 30, 2024 Revenue $18,749 $15,493 $53,269 $52,911 GAAP Cost of sales $26,830 $29,525 $81,877 $91,079 GAAP Gross lo
Slide 8: Q3'25 Selected Financials & Reconciliation of Non-GAAP Financial Measures
APPENDIX Q3’25 Selected Financials & Reconciliation of Non-GAAP Financial Measures In thousands, Unaudited Three Months Ended Nine Months Ended Sep 30, 2025 Sep 30, 2024 Sep 30, 2025 Sep 30, 2024 GAAP Cost of sales $26,830 $29,525 $81,877 $91,079 Non-GAAP adjustments[1]: Stock-based compensation (60
Slide 9: Q3'25 Selected Financials & Reconciliation of Non-GAAP Financial Measures
APPENDIX Q3’25 Selected Financials & Reconciliation of Non-GAAP Financial Measures In thousands, Unaudited Three Months Ended Nine Months Ended Sep 30, 2025 Jun 30, 2025 Sep 30, 2024 Sep 30, 2025 Sep 30, 2024 GAAP Operating Expenses $66,581 $27,052 $101,825 $157,805 $331,181 Non-GAAP adjustments[1]:
Slide 10: Disclaimer & Cautionary Note
Disclaimer & Cautionary Note Forward-looking statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims,” “believe,” “may,” “will,” “estimate,
Slide 11: Disclaimer & Cautionary Note
Disclaimer & Cautionary Note Use of Non-GAAP financial measures This presentation includes non-GAAP gross loss, non-GAAP net loss, non-GAAP operating expenses, non-GAAP cost of sales and free cash flow, which are non-GAAP financial measures, for the periods presented. These non-GAAP measures are not
Slide 12: ) LUMINAL
) LUMINAL