NASDAQ$INVZ
Innoviz Technologies Ltd · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Innoviz Q2 2025: revenue up 46% to $9.7M as LiDAR wins accelerate
Innoviz Technologies reported Q2 2025 results with revenue of $9.7 million, up 46% from $6.7 million in Q2 2024, driven by a mix of NRE services and LiDAR unit sales. H1 revenue of $27.1 million already exceeded full-year 2024 levels. Gross profit turned positive at $1.6 million versus a $(0.2) million loss a year ago. Operating expenses fell 20% to $18.5 million, including $2.3 million of share-based compensation. The company reported a net loss of $18.5 million, or $(0.09) per share, improved from a $(0.13) loss per share in Q2 2024. Q2 cash burn was approximately $7.3 million with liquidity of $79.4 million. Innoviz signed a development agreement with a top-5 passenger OEM and launched InnovizSMART for industrial applications.
- Q2 revenue of $9.7M (+46% YoY); H1 revenue $27.1M exceeded all of 2024
- Q2 net loss of $18.5M; EPS $(0.09) vs $(0.13) prior year
- Operating expenses down 20% to $18.5M; Q2 cash burn ~$7.3M
- Liquidity of $79.4M; SODW signed with top-5 passenger OEM for L3 program
- Reiterating 2025 revenue guidance of $50–$60M; raising NRE bookings targets
Headline financials
Revenue & EPS history
Innoviz · Revenue · Quarterly
$9.75M
Forward guidance
Innoviz reiterates 2025 revenue guidance of $50–$60 million, more than 2x 2024 levels, and is raising NRE bookings targets after strong H1 performance.
Tailwinds
- H1 revenue already above full-year 2024
- Top-5 OEM development agreement for L3 production vehicle
- InnovizSMART industrial LiDAR gaining early customer traction
Headwinds
- Company remains unprofitable with $18.5M Q2 net loss
- Continued dependence on NRE and early-stage LiDAR unit volumes
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2025
-2.4%
Avg return
Earnings day
-0.3%
Avg return
5 days after
-8.9%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+13.4%
Q1 2024
Best reaction
-19.4%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -19.4% | -23.9% | -32.9% | |
| Q4 2025 | -2.0% | -0.9% | -31.7% | |
| Q3 2025 | -5.7% | -17.4% | -23.0% | |
| Q2 2025 | -12.8% | -1.6% | +1.6% | |
| Q1 2025 | -6.8% | -1.0% | -9.4% | |
| Q3 2024 | -13.2% | -1.7% | -15.9% | |
| Q2 2024 | -0.2% | -3.7% | -27.9% | |
| Q1 2024 | +13.4% | +7.1% | -5.4% | |
| Q4 2023 | -5.4% | -4.8% | -19.6% | |
| Q3 2023 | +4.8% | +18.1% | +8.4% | |
| Q2 2023 | -3.5% | -12.4% | -41.4% | |
| Q1 2023 | +6.8% | +4.4% | +14.0% | |
| Q4 2022 | -16.5% | -12.6% | -26.3% | |
| Q3 2022 | +10.3% | +19.0% | +2.8% | |
| Q2 2022 | +9.8% | +12.8% | +4.8% | |
| Q1 2022 | -13.6% | -7.4% | -6.0% | |
| Q4 2021 | -5.7% | -15.6% | -4.2% | |
| Q3 2021 | +1.3% | +11.9% | +19.4% | |
| Q2 2021 | +3.5% | -4.2% | -19.4% | |
| Q1 2021 | -7.1% | +11.2% | -0.6% | |
| Q4 2020 | +5.9% | +13.8% | +6.5% | |
| Q3 2020 | +0.9% | -0.3% | -0.3% | |
| Q2 2020 | +1.0% | +1.2% | +1.5% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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