Mobileye Global Q2 2025 Revenue Jumps 15%

By Bobby Samwell • Thursday, July 24 10:19 • Permanent Link

Mobileye Global Inc. (NASDAQ: MBLY) has released its financial results for the second quarter of 2025, showing a 15% year-over-year increase in revenue to $506 million. The company's operating income and adjusted operating income also improved by 21% and 34%, respectively, compared to the same period in 2024.

The company reported a diluted EPS (GAAP) of $(0.08) and an adjusted diluted EPS (non-GAAP) of $0.13 for the second quarter of 2025. Mobileye generated net cash from operating activities of $322 million in the six months ended June 28, 2025, and held a strong balance sheet with $1.7 billion in cash and cash equivalents and zero debt as of the same date.

The financial results reflect substantial progress on the company's advanced product programs. Revenue growth in the second quarter was broad-based, including strong eyeq volumes across the customer base, steady ramp-ups of new ADAS programs, and good end-demand for vehicles with the first-generation supervision system.

In terms of financial performance, the gross margin increased by approximately 2 percentage points in the second quarter of 2025 compared to the prior year period, primarily due to similar levels of amortization of intangible assets on a higher revenue base.

Adjusted gross margin remained relatively flat, while the operating margin improved from (21)% in the second quarter of 2024 to (15)% in the second quarter of 2025. Additionally, the adjusted operating margin increased by 3 percentage points in the second quarter of 2025 compared to the prior year period, primarily due to lower operating expenses as a percentage of revenue.

Looking ahead, Mobileye updated its full-year 2025 revenue outlook to $1,765 million * $1,885 million, implying 7% * 14% year-over-year revenue growth. The company also revised its guidance for operating loss (GAAP) and adjusted operating income (non-GAAP) to reflect an increase in expected revenue and stable expectations for operating expenses.

The updated guidance incorporates the best estimates of production impacts related to current tariffs imposed on complete vehicles imported into the United States and tariffs on imported vehicle components used in U.S. vehicle production, assuming no further tariff developments or increases.

Today the company's shares have moved -0.56% to a price of $16.10. If you want to know more, read the company's complete 8-K report here.

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