Mobileye Reports $504 Million Revenue in Q3 2025, Net Loss Improves to $96 Million

Mobileye Global Inc. reported a revenue of $504 million for the third quarter of 2025, marking a 4% increase from $486 million in the same period last year. For the nine months ending September 27, 2025, revenue surged to $1.448 billion, a 24% increase compared to $1.164 billion in the prior year. The growth was primarily driven by a 37% rise in sales of the company's EyeQ™ System-on-Chips (SoCs), which accounted for approximately 89% of total revenue. The increase in revenue was attributed 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 $96 million for the third quarter, a significant improvement from a loss of $2.715 billion in the same quarter of 2024. The nine-month net loss also decreased to $265 million from $3.019 billion year-over-year. The previous year's losses were heavily influenced by a $2.695 billion goodwill impairment charge. The company’s operating loss for the third quarter was $109 million, compared to an operating loss of $2.807 billion in the prior year, reflecting the absence of the goodwill impairment in the current period.

In terms of operational metrics, Mobileye's solutions have been installed in approximately 1,200 vehicle models, with SoCs deployed in around 230 million vehicles globally. The company is collaborating with over 50 original equipment manufacturers (OEMs) and shipped approximately 27.4 million systems in the nine months ended September 27, 2025, up from 19.8 million in the same period last year. This increase is indicative of a recovery in demand and improved inventory management among customers.

Mobileye has also made strategic moves, including a secondary offering of 50 million shares of Class A common stock, which closed on July 11, 2025. This was part of a broader effort to enhance its capital structure, alongside a $100 million share repurchase from Intel. The company continues to invest in research and development, with R&D expenses reaching $304 million in the third quarter, slightly up from $303 million in the previous year. The total employee headcount has also increased, reflecting the company's commitment to expanding its technological capabilities.

Looking ahead, Mobileye anticipates continued growth driven by increasing demand for advanced driver assistance systems (ADAS) and autonomous driving technologies. The company remains focused on maintaining its technological leadership and expanding its market presence, particularly in light of evolving regulatory frameworks and consumer demand for safety features in vehicles. However, it acknowledges potential risks related to global economic conditions, trade policies, and supply chain constraints that could impact future performance.