The earnings call presented a mixed picture. While Luminar demonstrated progress in cost reduction and debt management, along with positive reception of its unified product architecture, significant challenges remain. These include leadership changes, revenue declines, and ongoing gross losses. The sentiment is balanced with both positive and negative elements.

Company Guidance -

Q2 2025

During Luminar's Q1 2025 Business Update Call, CFO Tom Fennimore provided guidance emphasizing the company's strategic transition to the Luminar Halo platform, which consolidates their product portfolio to streamline development and reduce costs. Fennimore noted that the company expects a 10% to 20% revenue growth for the full year despite a 10% year-over-year revenue decline this quarter, with Q1 revenue of $18.9 million. The call highlighted significant cost savings from restructuring actions, reducing non-GAAP operating expenses by $115 million annually and stock-based compensation costs by $100 million annually. The company ended Q1 with $188 million in cash and liquidity and aims to reduce its 2026 debt from $625 million to below $100 million by June 2026. Luminar anticipates a non-GAAP gross loss of $5 million to $10 million per quarter for the rest of the year and aims to lower year-end quarterly OpEx to the low $30 million range.

Cost Reduction Achievements

The company has achieved significant cost reductions, saving $120 million in cash and $40 million in stock-based compensation. Non-GAAP OpEx has declined by $115 million, and stock-based compensation has decreased by almost $100 million on an annualized basis.

Debt Reduction Progress

Luminar has reduced the balance on its 2026 debt from $625 million to $185 million, showing progress in managing its capital structure.

Encouraging OEM Adoption of Unified Product Architecture

The transition to a unified product architecture with the Luminar Halo platform has been well received by OEM partners, allowing for streamlined product development and cost reduction.

Positive Cash Flow Developments

Free cash flow improved by $18 million from Q4, marking the lowest level of quarterly cash burn since 2022.

Luminar Technologies (LAZR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LAZR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2025	2025 (Q2)	-1.18 / -	-2.7	―	―	―
May 14, 2025	2025 (Q1)	-1.71 / -1.50	-2.85	47.37% (+1.35)
Mar 20, 2025	2024 (Q4)	-2.16 / -1.42	-3	52.67% (+1.58)
Nov 11, 2024	2024 (Q3)	-2.28 / -2.40	-3.15	23.81% (+0.75)
Aug 06, 2024	2024 (Q2)	-2.60 / -2.70	-3.15	14.29% (+0.45)
May 07, 2024	2024 (Q1)	-2.84 / -2.85	-3.6	20.83% (+0.75)	―
Feb 27, 2024	2023 (Q4)	-2.82 / -3.00	-3.9	23.08% (+0.90)	―
Nov 08, 2023	2023 (Q3)	-2.92 / -3.15	-2.7	-16.67% (-0.45)	―
Aug 08, 2023	2023 (Q2)	-3.44 / -3.15	-2.7	-16.67% (-0.45)
May 09, 2023	2023 (Q1)	-3.09 / -3.60	-2.4	-50.00% (-1.20)

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

LAZR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 14, 2025	$4.76	$3.96	-16.81%
Mar 20, 2025	$6.28	$8.35	+32.96%
Nov 11, 2024	$15.30	$16.95	+10.78%
Aug 06, 2024	$21.07	$13.20	-37.35%

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 Luminar Technologies (LAZR) report earnings?

Luminar Technologies (LAZR) is schdueled to report earning on Aug 12, 2025, After Close (Confirmed).

What is Luminar Technologies (LAZR) earnings time?

Luminar Technologies (LAZR) earnings time is at Aug 12, 2025, After Close (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 LAZR EPS forecast?

LAZR EPS forecast for the fiscal quarter 2025 (Q2) is -1.18.

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