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Luminar Technologies, Inc./DE (LAZR)

Earnings summaries and quarterly performance for Luminar Technologies, Inc./DE.

Recent press releases and 8-K filings for LAZR.

Luminar Announces Q1 2021 Results and Business Updates
LAZR
Earnings
Guidance Update
New Projects/Investments
  • Luminar reported Q1 2021 revenue of $5.3 million and ended the quarter with a cash position of $610 million as of March 31, 2021, after raising $154 million from warrant exercises in Q1.
  • For 2021, the company projects revenue between $25-30 million and anticipates a year-end cash position exceeding $486 million.
  • Key business developments include the completion of first production units at Celestica, expansion into aviation with Airbus UpNext, and new partnerships in China with SAIC and Pony.ai.
Nov 19, 2025, 12:48 PM
Luminar (LAZR) Reports Q3 2025 Financial Results with Revenue Growth and Capital Structure Discussions
LAZR
Earnings
Revenue Acceleration/Inflection
Debt Issuance
  • Luminar (LAZR) reported Q3 2025 revenue of $18.7 million, representing a 20% sequential increase and 21% year-over-year growth, driven by increased series production shipments, higher Non-Recurring Engineering (NRE) revenue, and growth in defense-related LSI revenue.
  • The company's GAAP gross loss improved to $(8.1) million (Non-GAAP: $(7.3) million), and Non-GAAP operating expenses declined sequentially to $43.0 million from $47.0 million in Q2 2025, primarily due to lower R&D spending and ongoing cost actions.
  • As of Q3 2025, Luminar held $74 million in cash and marketable securities. The company has entered into forbearance agreements with the majority of secured noteholders and suspended activity under its equity facilities to enable discussions on a longer-term capital structure solution.
Nov 13, 2025, 10:00 PM
Luminar Reports Q3 2025 Results Amid Strategic Review and Leadership Changes
LAZR
Earnings
Guidance Update
M&A
  • Luminar reported Q3 2025 revenue of $18.7 million, an increase of 20% sequentially and 21% year-over-year, and a GAAP gross loss of negative $8.1 million. The company ended the quarter with $74 million in cash and marketable securities.
  • The company has suspended its 2025 financial guidance and entered into forbearance agreements with secured noteholders while negotiating a longer-term capital structure solution. Luminar is also evaluating multiple preliminary proposals to purchase the entire company or certain assets.
  • Luminar faces uncertainty with its Volvo relationship, including a claim for damages and paused production, and has paused development activity with Mercedes. In response, the company is shifting its focus to non-automotive markets, particularly aerospace and defense, and elevating its LSI photonics business, which generated approximately $18 million in revenue year-to-date.
  • As part of an ongoing realignment, Luminar plans to reduce its workforce by approximately 25% by year-end. Additionally, Tom Fennimore is stepping down as CFO, with Tom Bowden appointed as the new CFO.
Nov 13, 2025, 10:00 PM
Luminar Technologies Under Investigation by Kahn Swick & Foti, LLC
LAZR
Legal Proceedings
  • Kahn Swick & Foti, LLC (KSF) has initiated an investigation into Luminar Technologies, Inc. (LAZR) to determine if its officers and/or directors breached their fiduciary duties or violated state or federal laws.
  • This investigation follows a March 2023 media report that accused Luminar of attempting to pass off a Lidwave photonic integrated circuit (PIC) as its own technology, which was displayed at a February 2023 investor conference.
  • A securities class action lawsuit against Luminar and certain executives, alleging failure to disclose material information in violation of federal securities laws, is currently ongoing.
Oct 11, 2025, 4:19 PM