Slide 1: Q1 2026 Earnings Call
Q1 2026 Earnings Call May 14, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain forward-looking statements within the in definitive supply, development, or commercial agreements on expected terms meaning of the federal securities laws, including statements regarding the and volumes, the possibility that NRE would be
Slide 3: Highlights
Recent Q1’26 Performance • Q1 revenues of $7.1M Highlights • Reiterate full-year target of $67-$73M Entering Defense and Security Market Innoviz LiDARs are available for applications such as perimeter security, mapping/situational awareness, and drone detection; engaging with Kela and have an agreem
Slide 4: Outlook
Revenue Outlook Total LiDAR Sales Auto + Non-Auto Non-Auto LiDAR ~20%+ ~1% ~10% Revenue 2025 2026 2027 2028 2029 NRE Revenue Program SOPs The revenue mix percentages depicted above are for illustrative purposes only and do not represent actual, projected, or forecasted figures of any kind and should
Slide 5: Entering Defense & Homeland Security Market
Entering Defense & Homeland Security Market InnovizTwo and InnovizTwo Ultra Long-Range now available for defense and security applications Rapidly growing market with premium pricing and higher margins; existing solutions face technological limitations In discussions with tens of potential customers
Slide 6: Defense and Security Applications
Defense and Security Applications Perimeter security Long-range detection and resilience offer distinct advantages over current radar/camera systems Mapping and Situational Awareness Dense point cloud provides rich 3D data for real- time awareness and terrain mapping Drone Detection Fine resolution
Slide 7: Engagement with Kela Technologies
Engagement with Kela Technologies Kela Technologies, an Israeli defense company, announced its intent to field Innoviz LiDARs Kela expects to use the devices across its unified situational operations platform and anticipates that the cooperation may scale in the coming years In addition to Kela, Inn
Slide 8: Automotive Progress
Automotive Progress ID Buzz on Mobileye Drive platform (9 Innoviz LiDARs per vehicle) to be deployed by Uber and Beep in LA, Orlando, and other cities in 2026 Delivering units to Daimler Truck to support customer milestones through SOP Holon (on Mobileye Drive platform) was recognized as Transit Veh
Slide 9: On-Sensor Perception
Development Program On-Sensor Perception Announced advanced development program with leading autonomous driving technology company to evaluate on-sensor LiDAR perception capabilities As autonomous vehicles advance toward series production, perception capabilities must extend beyond the central compu
Slide 10: Delivering the future with LOXO
Delivering the future with LOXO In advanced stages of testing and evaluation of InnovizTwo Long-Range for LOXO’s dedicated The point cloud autonomous vehicle platform quality Innoviz delivers at longer distances is in a class of its own." Subject to successful completion of the evaluation, LOXO inte
Slide 11: Level 3 and Level 4 Landscape
Level 3 and Level 4 Landscape Multiple RFQs open for L3 and L4; interest in L4 from traditional and new automotive OEMs, as well as industrial and agricultural customers L3 automation is seen as a key feature for future SOPs by OEMs; requirements are small size, reduced power consumption, and lower
Slide 12: Launched 1km InnovizTwo Ultra Long-Range
Launched 1km InnovizTwo Ultra Long-Range InnovizTwo Ultra Long-Range delivers up to 1km sensing to power next-generation Physical AI in Automotive and SMART applications Enhanced hazard detection for autonomous systems, including heavy trucks with longer stopping distances Long-range and high resolu
Slide 13: 2026 Targets
2026 Targets Expanding revenue via sales of LiDAR, new programs, and NREs Growing Revenues Adding $67-$73M 2-3 Revenues New Programs +~27% vs. 2025 levels Physical AI LiDAR New NRE Payment revenues Plans Target $20-$30M ~10% from ~1% in 2025 © Innoviz Technologies Ltd. 2026 All Rights Reserved – Pro
Slide 14: Q1 2026 Financial Update
Q1 2026 Financial Update Eldar Cegla, Chief Financial Officer © Innoviz Technologies Ltd. 2026 All Rights Reserved – Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner.
Slide 15: Q1 2026 Financials
Q1 2026 Cash used in Financials Revenues Operations & Capital Expenditures $20.7M Revenues OpEx $17.4M Revenues of $7.1M Operating expenses of $15.8M Reiterating full-year $24.9M, compared to guidance of $67-$73M $21.0M in Q1’25 Cash Burn Liquidity $7.1M Cash burn** of $15.8M, Liquidity* of $60.1M c
Slide 16: Key Takeaways
Key Takeaways Defense & InnovizTwo Ultra Product Launches Signed LOI with Financials Security Market Long-Range on Track LOXO Q1’26 revenues of Entering fast-growing, Delivers up to 1km Product launches on LOXO intends to $7.1M reflect NRE high-margin space; range to power track with VW, nominate In
Slide 17: Q&A
QO8&A © INNO VIZ TECHNOLOGIES
Slide 18: Thank You!
Thank You! fo) INNOVIZ TECHNOLOGIES