- Mobileye (MBLY, Financial) reports an 83% year-over-year revenue increase in Q1 2025.
- The company achieves significant design wins in the ADAS and robotaxi segments.
- Mobileye reaffirms its full-year 2025 financial outlook.
Mobileye Global Inc. (MBLY) has announced impressive financial results for the first quarter of 2025, posting a substantial 83% increase in revenue compared to Q1 2024, reaching $438 million. This growth highlights a significant rebound following a period of inventory drawdown by Tier 1 customers in the previous year.
The first quarter saw Mobileye achieve notable business development milestones. Among these were strategic design wins, including the first Surround ADAS win with Volkswagen Group and the rekindling of a relationship with a European OEM not engaged since 2016. Furthermore, Mobileye's proprietary EyeQ6 Lite witnessed increased adoption, enhancing next-generation high-volume OEM ADAS programs.
Despite recording a GAAP net loss of $102 million, Mobileye's CEO, Professor Amnon Shashua, expressed optimism, reaffirming the company's full-year 2025 financial outlook. The expected revenue for Q2 2025 is projected to rise by approximately 7% year over year.
Mobileye is making significant strides in the mobility-as-a-service sector as well, with ongoing developments in their robotaxi solutions, particularly highlighted by the evolution of their partnership with Lyft and Marubeni in Dallas, Texas.
Mobileye's adjusted financial metrics also demonstrated strength, with adjusted diluted earnings per share (EPS) at $0.08, contrasting with a loss in the same period last year. The company's continued focus on strategic partnerships and innovative solutions underscores its commitment to maintaining leadership in the autonomous driving and advanced driver-assistance systems (ADAS) markets.
