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Innoviz Technologies Ltd. (INVZ)
NASDAQ:INVZ
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and commercial momentum: record revenue growth (>100% YoY), a meaningful swing to positive gross margins (~23% vs -5%), product introductions (InnovizThree, InnovizSMART/SMARTer), a major commercial win with Daimler Truck and planned production ramp (3x–4x). Management provided constructive 2026 guidance (~27% revenue growth) and targets for increasing nonautomotive revenue contribution. Key risks include continued operating losses (OpEx > revenue), significant reliance on NRE recognition (~$66M remaining), cash burn/runway sensitivity, margin variability, and uncertainty around converting several program opportunities into series production. On balance, the positive operational progress, product traction and marquee customer engagements outweigh the remaining financial and execution risks.Company Guidance
Record Revenue Growth
2025 revenue of $55.1M, more than double year-over-year (>100% YoY growth) and a record year for the company.
Significant Margin Improvement
Full-year gross margin improved to ~23% in 2025 versus approximately -5% in 2024, an improvement of ~28 percentage points.
Operating Expense Reductions
Total operating expenses decreased to $80.6M in 2025 from $100.8M in 2024, a ~20% reduction. Share-based compensation fell to $10.7M from $17M (~-37%).
Product and Commercial Momentum
Named Daimler Truck / Torc Robotics as a series-production customer for Level 4 trucks; shipments to support Daimler's fleet have already begun. Progress on SOPs with Mobileye and Volkswagen; VW ID. Buzz series production installs 9 LiDARs per vehicle.
New Product Introductions
Introduced InnovizThree (smaller form factor, lower power, behind-the-windshield) offering an additional ~35% cost reduction versus InnovizTwo; InnovizSMART and InnovizSMARTer launched and showing traction in security and critical infrastructure deployments.
Production Capacity Ramp
Manufacturing ramp at Fabrinet targeting production 3x–4x higher than last year to support automotive and nonautomotive demand.
Improved Cash and Reduced Burn
Year-end cash, equivalents and marketable securities of ~$72.1M with no long-term debt. Cash used in operations and capex was ~$49.3M for the year, and quarterly cash usage was single-digit $7.3M in the quarter, indicating lower cash burn momentum.
Strong NRE Backlog and 2026 Guidance
NRE payment plans stand at ~$111M (up from $80M at start of 2025, +38.8%). Recognized ~$45M of NRE revenue in 2025 with ~$66M remaining expected to be recognized in 2026–2027. 2026 revenue guidance of $67M–$73M (~27% growth) and expectation that nonautomotive physical AI could contribute up to 10% of revenues (vs ~1% in 2025).
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 |
|---|---|---|---|
Nov 12, 2025 | $1.61 | $1.53 | -4.97% |
Aug 13, 2025 | $1.82 | $1.58 | -13.19% |
May 14, 2025 | $1.01 | $0.95 | -5.94% |
Feb 26, 2025 | $0.81 | $0.78 | -3.94% |
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 Ltd. (INVZ) report earnings?
Innoviz Technologies Ltd. (INVZ) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Innoviz Technologies Ltd. (INVZ) earnings time?
Innoviz Technologies Ltd. (INVZ) earnings time is at May 13, 2026, Before Open (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 2026 (Q1) is -0.06.
