Mobileye Releases Third Quarter 2025 Results and Provides Business Overview

Mobileye Global Inc., a leader in autonomous driving and driver-assistance technologies, has released its financial results for the third quarter of 2025. The company reported a revenue of $504 million, marking a 4% increase year-over-year, driven by strong demand across its business segments.

Financial Highlights

For the third quarter of 2025, Mobileye reported a diluted EPS (GAAP) of $(0.12) and an adjusted diluted EPS (Non-GAAP) of $0.09. The company generated net cash from operating activities amounting to $489 million for the nine months ended September 27, 2025. The balance sheet remains robust with $1.7 billion in cash and cash equivalents, even after a $100 million share buyback executed in Q3.

Business and Operational Highlights

Mobileye's revenue growth was broad-based, driven by strong EyeQ volumes across its customer base, including China-based OEMs. The company continues to secure new ADAS program wins at a high rate, with growing traction for its Surround ADAS, indicating strong potential for next-generation, higher-content ADAS for mass-market vehicles.

Significant progress was made with Volkswagen Group brands, meeting key performance and safety KPIs, keeping the company on track for the on-time start of production. Additionally, Benteler announced an engagement to launch its Holon urban AV shuttle, enabled by Mobileye Drive, in conjunction with Lyft in the US.

Strategic Initiatives and Corporate Developments

Mobileye executed a $100 million share buyback in Q3, reflecting confidence in its financial position and future prospects. The company also revised its full-year 2025 revenue outlook upwards to $1,845 million - $1,885 million, implying a 12% - 14% year-over-year revenue growth.

Management's Perspective

Prof. Amnon Shashua, Mobileye President and CEO, commented, "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. We see tremendous opportunities ahead as we execute toward on-time launches of advanced EyeQ6 High-based products, deepen engagement with strategic customers across our portfolio, and prepare for the commercialization of driverless robotaxi beginning in 2026."

Future Outlook

Mobileye's updated guidance for the full year 2025 reflects a 2% increase in expected revenue at the midpoint compared to prior guidance. The company anticipates higher-than-expected volume in the third quarter of 2025 and increased visibility into customer orders and industry supply-demand dynamics in the fourth quarter of 2025. The updated guidance also reflects a decrease in operating loss (GAAP) and an increase in adjusted operating income (Non-GAAP) due to typical incremental margin on higher revenue and stable expectations for operating expenses.

Original SEC Filing: Mobileye Global Inc. [ MBLY ] - 8-K - Oct. 23, 2025