Innoviz Technologies Ltd.

NASDAQ•INVZ

CEO: Mr. Omer David Keilaf

Sector: Consumer Cyclical

Industry: Auto - Parts

Listing Date: 2020-06-29

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.

Contact Information

5 Uri Ariav Street, Building C Nitzba 300, Rosh Haayin, 4809202, Israel

972-7-470-03692

www.innoviz.tech

Market Cap

$150.66M

P/E (TTM)

-2.2

Dividend Yield

52W High

$2.54

52W Low

$0.48

52W Range

12%

Rank47Top 61.9%

3.4

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 3.4 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$12.67M+0.00%

4-Quarter Trend

EPS

-$0.10+0.00%

4-Quarter Trend

FCF

-$10.02M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Significant Revenue Growth Revenue 55.1M USD, up 127% from 24.3M USD in 2024, driven by increased NRE sales and higher LiDAR sensor shipment volumes.

Gross Profit Improvement Gross profit 12.9M USD, improving from 1.2M USD loss in 2024, reflecting better production efficiencies and increased NRE revenue contributions.

Operating Loss Reduction Operating loss 67.7M USD, down from 101.9M USD in 2024, due to reduced payroll and lower stock-based compensation expenses during the period.

Risk Factors

Customer Concentration Risk Revenue heavily dependent on limited customers like BMW, Volkswagen, and Mobileye; loss of any program could materially impact future financial results.

Geopolitical Instability Risk Operations in Israel face risks from regional conflicts, potentially disrupting supply chains, operations, and increasing costs for freight, insurance, and materials.

Capital Funding Needs Future growth requires substantial R&D investment; additional funds may be needed, and failure to secure capital could limit business expansion plans.

Manufacturing Scale Challenges Transitioning to mass production with contract manufacturers presents risks of quality issues, yield challenges, and delays in commercialization and delivery timelines.

Outlook

Expand Manufacturing Capacity Scaling third-party manufacturing capacity with automotive-grade facilities to meet anticipated demand and support volume production for major OEM programs in 2026.

InnovizThree Product Launch Launching third-generation LiDAR sensor, InnovizThree, designed for slimmer dimensions and higher performance to drive future market adoption and revenue growth potential.

Diversify Non-Automotive Markets Pursuing revenue in smart infrastructure, security, and robotics to diversify revenue base and reduce reliance on automotive OEM customer development cycles.

Peer Comparison

Revenue (TTM)

CPS

$2.74B

+0.4%

MNRO

$1.18B

-2.7%

MLR

$789.52M

-37.2%

Gross Margin (Latest Quarter)

HLLY

37.9%

+4.2pp

MNRO

34.9%

+0.6pp

INVZ

16.3%

+18.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CPS	$541.28M	-132.1	4.2%	68.9%
MLR	$496.70M	21.6	5.5%	5.7%
MNRO	$459.60M	-36.7	-2.1%	30.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-10.0%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 12, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data