Innoviz Technologies Ltd. ( (INVZ) ) has released its Q3 earnings. Here is a breakdown of the information Innoviz Technologies Ltd. presented to its investors.
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Innoviz Technologies Ltd., a leading supplier of LiDAR sensor platforms and software, operates in the automotive industry, providing high-performance solutions for autonomous vehicles. In its third-quarter 2025 earnings report, Innoviz announced significant growth in revenue and unit shipments, highlighting its selection by a major OEM for L4 autonomous truck production and progress in L3 and L4 automotive programs. The company reported Q3 2025 revenues of $15.3 million, a substantial increase from $4.5 million in Q3 2024, while operating expenses decreased by 30% year-over-year. Innoviz also unveiled its new InnovizThree product, boasting improved performance and reduced size. Looking ahead, Innoviz remains optimistic about achieving its financial targets for 2025, driven by expanding customer engagements and production capabilities.