Mobileye Global, Inc. Class A ( (MBLY) ) has released its Q1 earnings. Here is a breakdown of the information Mobileye Global, Inc. Class A presented to its investors.
Mobileye Global Inc., a leader in autonomous driving and driver-assistance technologies, operates in the automotive technology sector, leveraging computer vision, artificial intelligence, and mapping to advance mobility solutions.
In its first quarter of 2025, Mobileye reported a significant 83% increase in revenue year-over-year, reaching $438 million, and reaffirmed its full-year outlook despite ongoing tariff challenges. The company highlighted strong business development activities, including notable design wins and advancements in mobility-as-a-service.
Key financial metrics for the quarter included a gross profit of $207 million, a substantial improvement from $54 million in the previous year, and an adjusted operating income of $59 million, reflecting a positive shift from a loss of $65 million in Q1 2024. Strategic achievements included a first Surround ADAS design win with Volkswagen Group and progress in the robotaxi segment with partners like Lyft and Marubeni.
Despite a GAAP net loss of $102 million, Mobileye’s adjusted net income was $63 million, showcasing improved operational efficiency and strategic positioning in the market. The company anticipates a 7% revenue increase in the second quarter of 2025 compared to the same period in 2024.
Looking ahead, Mobileye remains optimistic about achieving its full-year financial targets, driven by continued innovation and strategic partnerships, while navigating the complexities of global trade conditions.