Innoviz Technologies Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.1M | $24.3M | $20.9M | $6.0M | $5.5M | $-9.4M | $1.6M | $62.0K |
| Cost of Revenue | $42.2M | $25.4M | $32.5M | $14.8M | $10.5M | $6.4M | $2.0M | $53.0K |
| Gross Profit | $12.9M | $-1.2M | $-11.6M | $-8.8M | $-5.0M | $-15.8M | $-411.0K | $9.0K |
| Gross Margin | 23.4% | -4.8% | -55.6% | -145.4% | -91.9% | 168.4% | -26.1% | 14.5% |
| Operating Expenses | ||||||||
| Research & Development | $56.5M | $73.8M | $92.7M | $95.1M | $93.3M | $57.0M | $59.4M | $48.3M |
| SG&A Expense | $18.4M | $19.5M | $19.5M | $19.2M | $35.6M | $3.8M | $3.2M | $2.4M |
| Operating Income | $-67.7M | $-101.9M | $-132.6M | $-133.3M | $-157.7M | $-82.0M | $-69.5M | $-56.3M |
| Operating Margin | -123.0% | -420.0% | -635.2% | -2,212.9% | -2,884.2% | 875.5% | -4,410.0% | -90,743.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-67.6M | $-94.6M | $-122.8M | $-126.5M | $-153.3M | $-81.3M | $-67.3M | $-56.4M |
| Income Tax Expense | $171.0K | $167.0K | $642.0K | $325.0K | $284.0K | $183.0K | $10.0K | $32.0K |
| Net Income | $-67.8M | $-94.8M | $-123.5M | $-126.9M | $-153.6M | $-81.5M | $-67.3M | $-56.4M |
| Net Margin | -123.1% | -390.5% | -591.4% | -2,105.4% | -2,809.3% | 870.5% | -4,273.1% | -90,967.7% |
| EPS (Basic) | $-0.34 | $-0.57 | $-0.84 | $-0.94 | $-1.54 | $-1.00 | $-0.87 | $-0.69 |
| EPS (Diluted) | $-0.34 | $-0.57 | $-0.84 | $-0.94 | $-1.54 | $-1.00 | $-0.87 | $-0.69 |
| Shares Outstanding (Basic) | 199.9M | 167.2M | 147.5M | 135.2M | 102.9M | 99.1M | 95.1M | — |
| Shares Outstanding (Diluted) | 199.9M | 167.2M | 147.5M | 135.2M | 102.9M | 99.1M | 95.1M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |