Innoviz Q2 Revenue Surges on OEM Wins

Innoviz Technologies(NASDAQ:INVZ) reported Q2 2025 earnings on August 13, 2025, reporting revenues of $9.7 million and first-half 2025 revenues of $27.1 million, surpassing full-year 2024 results. Management reaffirmed 2025 full-year revenue guidance of $50 million to $60 million and raised non-recurring engineering (NRE) booking guidance to $30 million to $60 million for 2025, citing operational milestones and landmark OEM agreements as key drivers. This summary examines strategic customer wins, expansion into non-automotive markets, and vital financial management developments poised to affect the long-term investment thesis.Innoviz is executing on a statement of work (SOW) with a new top five global original equipment manufacturer (OEM) for a Level 3 production passenger vehicle program targeting start of production (SOP) in 2027, with hundreds of InnovizTwo units scheduled for shipment in the coming months. This follows ongoing collaborations with Volkswagen and Mobileye, inserting Innoviz into major robotaxi and shuttle platform rollouts scheduled for 2026 and beyond.This engagement opens additional addressable market opportunities across multiple vehicle platforms globally.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool