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Innoviz Technologies (INVZ)
NASDAQ:INVZ
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: -10.89%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong positive sentiment overall with record-breaking revenue and growth, strategic partnerships, and expanding collaborations, particularly in the automotive and robotaxi sectors. Despite some concerns about tariff implications and lumpy margins, the positive developments and strategic advancements significantly outweighed the challenges.Company Guidance
In the Q1 2025 earnings call, Innoviz reported record revenues of $17.4 million, marking a nearly threefold increase sequentially and approximately 2.5 times year-over-year growth, alongside a record gross margin of 40%. The quarter's financial strength was significantly bolstered by a $95 million NRE payment plan with key customers, an increase from the previous $80 million. The company highlighted its strategic partnership with Fabrinet for mass production of the InnovizTwo platform, expected to scale production capacity by an order of magnitude in 2025. Innoviz also announced accelerated LiDAR shipments to Volkswagen for their autonomous mobility ID. Buzz vehicles, which will feature nine InnovizTwo LiDARs each. The company aims for a twofold revenue increase to $50-$60 million in 2025 and plans to manage cash burn while pursuing new opportunities, including expanding collaborations with NVIDIA and exploring non-automotive markets.Record-Breaking Revenue and Growth
Innoviz reported Q1 revenues of $17.4 million, approximately 3x sequentially and 2.5x year-over-year, setting a new record for the company. Gross margin was also a record at approximately 40%.
Significant NRE Payment Plan Expansion
Innoviz expanded its NRE payment plan from approximately $80 million to $95 million, with the majority of cash payments expected in 2025 and 2026.
Strategic Partnership with Fabrinet
Innoviz announced a partnership with Fabrinet for the mass production of its InnovizTwo platform, enabling efficient scaling and volume production.
Accelerating Robotaxi Deployments
Innoviz is accelerating LiDAR shipments to Volkswagen autonomous mobility for the ID. Buzz on the Mobileye Drive platform, with hundreds of shuttles equipped with InnovizTwo LiDARs expected in 2025.
Expanding Collaboration with NVIDIA
Innoviz is expanding its collaboration with NVIDIA on the Hyperion platform, with multiple OEMs evaluating it for integration into their vehicles.
Strong Financial Position
Innoviz ended the quarter with $85.4 million in cash and cash equivalents, supported by a registered direct offering and ongoing customer engagements.
INVZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INVZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $1.01 | $0.95 | -5.94% |
Feb 26, 2025 | $0.81 | $0.78 | -3.70% |
Nov 13, 2024 | $0.58 | $0.52 | -10.34% |
Aug 07, 2024 | $0.74 | $0.69 | -6.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Innoviz Technologies (INVZ) report earnings?
Innoviz Technologies (INVZ) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Innoviz Technologies (INVZ) earnings time?
Innoviz Technologies (INVZ) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INVZ EPS forecast?
INVZ EPS forecast for the fiscal quarter 2025 (Q2) is -0.09.
