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Innoviz Technologies (Innoviz Technologies) Pretax Margin % : -426.31% (As of Mar. 2024)


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What is Innoviz Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Innoviz Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was $-30.09 Mil. Innoviz Technologies's Revenue for the three months ended in Mar. 2024 was $7.06 Mil. Therefore, Innoviz Technologies's pretax margin for the quarter that ended in Mar. 2024 was -426.31%.

The historical rank and industry rank for Innoviz Technologies's Pretax Margin % or its related term are showing as below:

INVZ' s Pretax Margin % Range Over the Past 10 Years
Min: -90916.13   Med: -2452.09   Max: 868.52
Current: -439.98


INVZ's Pretax Margin % is ranked worse than
97.36% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 4.47 vs INVZ: -439.98

Innoviz Technologies Pretax Margin % Historical Data

The historical data trend for Innoviz Technologies's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Innoviz Technologies Pretax Margin % Chart

Innoviz Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -4,272.44 868.52 -2,804.15 -2,100.02 -588.29

Innoviz Technologies Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,409.90 -2,119.10 -774.53 -203.32 -426.31

Competitive Comparison of Innoviz Technologies's Pretax Margin %

For the Auto Parts subindustry, Innoviz Technologies's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innoviz Technologies's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innoviz Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Innoviz Technologies's Pretax Margin % falls into.



Innoviz Technologies Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Innoviz Technologies's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-122.812/20.876
=-588.29 %

Innoviz Technologies's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-30.085/7.057
=-426.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innoviz Technologies  (NAS:INVZ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Innoviz Technologies Pretax Margin % Related Terms

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Innoviz Technologies (Innoviz Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202
Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger car and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructures, security and mapping.