Companies

Mobileye Global Inc - Class A

NASDAQ: MBLY
$8.61
â–² $0.07 (+0.82%) today
Markets closed · 7:39pm ET

Q1 2025 Earnings

Reported Apr 24, 2025, 7:22am ET · SEC source
$0.08
Beat +5.68%
EPS · est. $0.08
$438.0M
Beat +0.60%
Revenue · est. $435.4M
+3.9%
Beating market
MBLY vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+4%+8%+12%Apr 24Apr 25report 7:22am ETearnings+3.1%+11.4%
0+4%+8%+12%Apr 24Apr 25earnings+3.1%+11.4%
MBLY +11.4%S&P 500 +3.1%
0+4%+8%+12%Apr 24Apr 25report 7:22am ETearnings+4.3%+11.4%
0+4%+8%+12%Apr 24Apr 25earnings+4.3%+11.4%
MBLY +11.4%NASDAQ +4.3%
−6%0+6%+12%Apr 23May 2report 7:22am ETearnings+4.9%+6.5%
−6%0+6%+12%Apr 23May 2earnings+4.9%+6.5%
MBLY +6.5%S&P 500 +4.9%
−6%0+6%+12%Apr 23May 2report 7:22am ETearnings+6.3%+6.5%
−6%0+6%+12%Apr 23May 2earnings+6.3%+6.5%
MBLY +6.5%NASDAQ +6.3%
+9.85%
Day of report
+4.41%
Next session
−0.69%
One week
+12.00%
30 days

S&P 500 over the same 30 days: +8.13%.

Did MBLY Beat Earnings? Q1 2025 Results

Mobileye posted a decisive earnings beat in Q1 2025, reporting revenue of $438.00 million, ahead of the $435.39 million consensus by 0.60%, while adjusted EPS of $0.08 cleared the $0.08 estimate by 5.68%. The headline numbers were anchored by an extraordinary 83.3% year-over-year revenue surge, a recovery driven largely by the unwinding of Tier 1 customer inventory drawdowns that had weighed heavily on the year-ago period. Systems shipped climbed to 8.5 million from 3.6 million, even as average system prices fell to $49.00 from $61.00, reflecting favorable volume mix. Adjusted gross margin expanded to 69% from 62%, helping the company swing to adjusted operating income of $59.00 million versus an adjusted operating loss of $65.00 million a year ago. CEO Amnon Shashua highlighted record design-win activity, including a landmark Surround ADAS agreement with Volkswagen Group. Looking ahead, Mobileye reaffirmed full-year 2025 revenue guidance of $1.69 billion to $1.81 billion and expects Q2 revenue to grow approximately 7% year-over-year.

Key Takeaways
  • Normalization of order activity after meaningful Tier 1 customer inventory drawdown in Q1 2024
  • Favorable mix changes between EyeQ SoC and SuperVision drove adjusted gross margin improvement
  • Lower operating expenses as a percentage of revenue due to higher revenue base
  • Systems shipped increased to 8.5 million from 3.6 million year-over-year

“Based on strong revenue trends to-date and our own analysis of likely production impacts of the current tariff conditions (including the most recent third party forecasts), we continue to expect to deliver revenue and profitability within the guidance range. While uncertainty has clearly risen, our original outlook was designed to account for some amount of macro deterioration in 2025.”

Mobileye CEO, on the earnings call

Forward Guidance & Outlook

Mobileye reaffirmed its full-year 2025 guidance: revenue of $1,690–$1,810 million, operating loss of $574–$489 million, and adjusted operating income of $175–$260 million. This guidance assumes continuation of currently-announced automotive-related tariffs without further changes. The company expects Q2 2025 revenue to increase approximately 7% year-over-year compared to Q2 2024. Management noted that while uncertainty has risen due to tariff conditions, the original outlook was designed to account for some amount of macro deterioration in 2025.

MBLY YoY Financials

Q1 2025 vs Q1 2024 · SEC filings Q1 2024 Q1 2025
$0$200.0M$400.0M$239.0M$438.0MRevenue$54.0M$207.0MGross Profit$-77,565,632$-117,000,000Operating Income$-66,575,289$-102,000,000Net Income
$0$200.0M$400.0MRevenueGross ProfitOperating IncomeNet Income

MBLY Revenue by Segment

EyeQ and SuperVision
EyeQ and SuperVision Systems$415.0M

Figures from SEC filings and company reports. Not investment advice.