Mobileye Q3 revenue falls 2% to $492 million; full-year revenue outlook raised
Mobileye reported third-quarter 2026 revenue of $492 million, down 2% from a year earlier, while its GAAP operating loss narrowed to $82 million from $109 million. The company narrowed its full-year 2026 revenue outlook to $1,995 million to $2,020 million, with the midpoint raised by $13 million. Shareholders get a mixed picture: sales fell in the quarter, but reported losses shrank, partly due to a $52 million Israeli R&D Law incentive grant.
Key points
- Q3 2026 revenue was $492 million, down 2% from $504 million in Q3 2025, mainly due to a 5% decline in average system price.
- GAAP diluted EPS was $(0.08) versus $(0.12) a year earlier; Adjusted Diluted EPS was $0.11 versus $0.09.
- Full-year 2026 revenue guidance is $1,995 million to $2,020 million, implying 5% to 7% growth; the Adjusted Operating Income range is $380 million to $420 million, versus $365 million to $425 million previously.
- Q3 GAAP operating income benefited by $52 million from the R&D Law incentive grant; cash from operations was $303 million for the nine months ended September 26, 2026.
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.