Mobileye Reports 15% Revenue Growth to $506 Million in Q2 2025

Mobileye Global Inc. reported a significant increase in financial performance for the second quarter of 2025, with revenues reaching $506 million, a 15% increase from $439 million in the same period last year. For the first half of 2025, the company generated $944 million in revenue, up 39% from $678 million in the first half of 2024. The growth was primarily driven by a 24% increase in sales of its EyeQ™ System-on-Chips (SoCs), which accounted for approximately 92% of total revenue. The company attributed this surge to the normalization of excess inventory at Tier 1 customers, which had previously impacted sales.

Despite the revenue growth, Mobileye reported a net loss of $67 million for the second quarter, an improvement from a loss of $86 million in the same quarter of 2024. For the first half of 2025, the net loss was $169 million, compared to $304 million in the prior year. The company’s operating loss also decreased to $74 million from $94 million year-over-year, reflecting improved gross profit margins, which rose to 50% from 48% in the previous year, largely due to lower amortization of intangible assets as a percentage of revenue.

Operationally, Mobileye has expanded its customer base, now working with over 50 original equipment manufacturers (OEMs) worldwide. The company shipped approximately 18.1 million systems in the first half of 2025, a significant increase from 11.2 million in the same period of 2024. The company’s solutions have been installed in around 1,200 vehicle models, with its SoCs deployed in approximately 220 million vehicles globally. This growth in shipments and installations indicates a strong adoption rate of Mobileye's advanced driver assistance systems (ADAS).

In terms of strategic developments, Mobileye has been proactive in managing its supply chain risks, particularly concerning its reliance on STMicroelectronics for its EyeQ™ SoCs. The company has sought to diversify its supplier base by entering agreements with additional manufacturers, including TSMC, to mitigate potential future supply constraints. Furthermore, Mobileye has recently completed a secondary offering of 50 million shares of Class A common stock, which was part of a broader strategy to enhance its capital structure and support ongoing investments in research and development.

Looking ahead, Mobileye remains optimistic about its growth trajectory, anticipating continued demand for its ADAS solutions amid increasing regulatory pressures for vehicle safety. The company expects to leverage its technological advancements and strong relationships with OEMs to capture long-term growth opportunities in the automotive market. However, it also acknowledges potential challenges, including geopolitical tensions and trade policies that could impact its operations and market conditions.