Mobileye Global Inc - Class A
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.45%.
Did MBLY Beat Earnings? Q3 2025 Results
Mobileye posted a clean beat across the board in the third quarter, with revenue of $504.00 million rising 3.7% year over year and adjusted EPS of $0.09 edging past the $0.09 consensus estimate by 3.57%, as an 8% increase in EyeQ chip volumes, particularly from China-based OEMs, provided the primary lift. The volume gains more than offset headwinds from lower SuperVision deliveries and a declining average system price, which slipped to $51.70 from $53.30 a year ago on a richer mix of lower-ASP China units. Revenue cleared the $485.02 million analyst consensus by 3.91%, and management responded by raising full-year 2025 revenue guidance to $1.84 billion–$1.89 billion, implying 12%–14% growth, while lifting adjusted operating income guidance to $263.00 million–$286.00 million. Despite the raised outlook, analysts remain broadly cautious, with Hold ratings from several sell-side firms even as the consensus carries a moderate buy tilt. The company flagged some sequential revenue moderation in Q4 as it works to normalize customer inventories heading into 2026.
- 8% increase in EyeQ chip volumes driven by higher customer demand across the base including China-based OEMs
- Steady ramp-ups of new ADAS programs
- Robust SuperVision system volumes compared to first-half run-rate
- Continued auto production stability
- Disciplined cost management keeping operating expenses stable as a percentage of revenue
“The business delivered another strong quarter, with solid revenue growth and disciplined cost management. Continued auto production stability gives us confidence to again raise our full-year outlook, removing conservatism we had embedded earlier due to macro uncertainty.”
Mobileye CEO, on the earnings call
Forward Guidance & Outlook
Mobileye raised its full-year 2025 revenue guidance to $1,845 million–$1,885 million (previously $1,765 million–$1,885 million), implying 12%–14% year-over-year growth. Operating Loss (GAAP) is now expected at $(462) million to $(439) million (improved from prior $(512) million to $(436) million). Adjusted Operating Income (Non-GAAP) guidance was raised to $263 million–$286 million (previously $210 million–$286 million). The company expects Q4 revenue to moderate sequentially as it targets lean-to-normal customer inventories entering 2026. Guidance incorporates current tariff impacts but assumes no further tariff developments. Driverless robotaxi deployments in the US are targeted to begin in 2026.
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MBLY Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.