Mobileye Global (MBLY) Company Report

Mobileye reported strong full-year 2025 financial results, with revenue increasing 15% to $1.9 billion and adjusted operating income rising 45% to $280 million.
For 2026, the company provided revenue guidance of $1.9 billion-$1.98 billion, indicating flattish to 5% growth, and projects EyeQ volume to be slightly above 37 million units, including 10 million units in Q1.
Operating expenses are forecast to increase by 10% to approximately $1.1 billion in 2026, primarily due to normal inflation, infrastructure for advanced products, and the inclusion of Mentee Robotics' R&D expenses.
Key strategic developments include the acquisition of Mentee Robotics to expand into humanoid robotics and securing the first two major programs for the EyeQ6 High chip with major OEMs.

Jan 22, 2026, 1:00 PM

Transcript

Mobileye Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance, and Updates on Strategic Initiatives

MBLY

Earnings

Guidance Update

M&A

Mobileye reported full year 2025 revenue of $1.9 billion, a 15% year-over-year increase, and adjusted operating income of $280 million, up 45% year-over-year, with a 15% margin.
For 2026, the company expects revenue in the range of $1.9 billion to $1.98 billion, representing flattish to 5% growth, and anticipates EyeQ volume to be slightly above 37 million units.
Operating expenses are projected to be around $1.1 billion in 2026, a 10% growth, primarily driven by normal salary and benefits inflation, additional infrastructure for advanced products, and Mentee R&D expenses.
Mobileye acquired Mentee Robotics to expand into humanoid robotics and secured the first two major programs for its EyeQ6 High chip with two of the biggest fixed OEMs.
The launch of SuperVision on Porsche and Audi programs has been pushed to Q1 2027, and no meaningful revenue impact from advanced products (Drive/Robotaxi) is expected in 2026 guidance.

Jan 22, 2026, 1:00 PM

Transcript

Mobileye Reports Strong 2025 Results, Provides 2026 Guidance, and Details Robotics Expansion

MBLY

Earnings

Guidance Update

M&A

Mobileye reported strong full-year 2025 financial results, with revenue of $1.9 billion (up 15%), adjusted operating income of $280 million (up 45%), and operating cash flow up over 50%.
For 2026 guidance, the company expects revenue between $1.9 billion and $1.98 billion (flattish to 5% growth) and EyeQ unit shipments of slightly above 37 million. Gross margin is anticipated to be down due to EyeQ5 cost headwinds and mix.
Mobileye acquired Mentee Robotics to expand into the humanoid robotics field, with Mentee R&D expenses contributing to a projected 10% increase in 2026 operating expenses to around $1.1 billion. Initial proof-of-concept deployments for Mentee Robotics are expected to be in the high tens of units in 2026.
The company expanded its Volkswagen ecosystem volume for autonomous mobility services to 100,000 units by 2033, with the first major milestone of removing safety drivers in MOIA's Robotaxi fleet expected in 2026.

Jan 22, 2026, 1:00 PM

Transcript

Mobileye Global Inc. Releases Q4 and Full-Year 2025 Results and Provides 2026 Guidance

MBLY

Earnings

Guidance Update

M&A

Mobileye Global Inc. reported a 15% year-over-year increase in full-year 2025 revenue to $1,894 million, although Q4 2025 revenue decreased 9% year-over-year to $446 million.
For Q4 2025, GAAP diluted EPS was $(0.16) and Adjusted Diluted EPS (Non-GAAP) was $0.06.
The company provided full-year 2026 financial guidance implying flat to 5% year-over-year revenue growth, with approximately 19% year-over-year revenue growth expected in Q1 2026.
Mobileye agreed to acquire Mentee Robotics, expanding its leadership in Physical AI across autonomous vehicles and humanoid robotics.
The 8-year future expected automotive revenue pipeline reached $24.5 billion at year-end 2025, representing a 42% increase since year-end 2022.

Jan 22, 2026, 12:04 PM

8-K

Mobileye Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance, and Announces Strategic Initiatives

MBLY

Earnings

Guidance Update

M&A

Mobileye reported full-year 2025 revenue of $1,894 million, a 15% increase year-over-year, and Q4 2025 revenue of $446 million, a 9% decrease year-over-year.
For Q4 2025, GAAP diluted EPS was $(0.16) and Non-GAAP Adjusted diluted EPS was $0.06.
The company provided full-year 2026 revenue guidance of $1,900 million to $1,980 million, implying flat to 5% year-over-year growth, with approximately 19% year-over-year growth expected in Q1 2026.
Strategic highlights include a new high-volume Surround ADAS program win with a major U.S. OEM, an expanded robotaxi roadmap with Volkswagen, and the agreement to acquire Mentee Robotics.

Jan 22, 2026, 12:00 PM

Press Release

Mobileye Announces Mentee Robotics Acquisition and Provides Updates on 2025 Performance and Autonomous Driving Milestones

MBLY

M&A

New Projects/Investments

Product Launch

Mobileye announced the acquisition of Mentee Robotics, signifying its entry into humanoid robotics and physical AI, which is anticipated to be a new growth engine for the company.
The company reported a strong 2025, securing 95% of RFQs with top 10 customers and growing its IQ6 Lite pipeline 3.5x compared to 2024.
Mobileye's pipeline of signed OEM contracts reached $24.5 billion over the next eight years, with $18 billion awarded since its IPO, marking a 40% increase since 2023.
In partnership with Volkswagen and MOIA, Mobileye's Level 4 ready robotaxi vehicle is expected by February 2026, with driverless services launching in the U.S. in Q3/Q4 2026 and a target of 100,000 active self-driving vehicles on the road by end of 2033.

Jan 6, 2026, 9:45 PM

Transcript

Mobileye Highlights 2025 Achievements, Future Pipeline, and Robotics Expansion

MBLY

New Projects/Investments

Product Launch

Guidance Update

Mobileye reported strong 2025 performance, winning 95% of RFQs with its top 10 customers and growing its IQ6 Lite pipeline by 3.5x compared to 2024.
The company secured a future pipeline of $24.5 billion over the next eight years, with $18 billion awarded since its IPO, marking a 40% increase since 2023. Mobileye's 2025 revenue was "a bit short of $2 billion".
Significant progress was noted in advanced products, including 19 million units for Surround ADAS with Volkswagen and a major US OEM by mid-2028, and a target of 100,000 active robotaxis by the end of 2033 through its partnership with Volkswagen and MOIA.
Mobileye is expanding into humanoid robotics through an acquisition, targeting commercial deployment in structured environments by 2028 and home use by the end of the decade, which is seen as a new growth engine.

Jan 6, 2026, 9:45 PM

Transcript

Mobileye Acquires Mentee Robotics and Updates on Autonomous Driving Pipeline and Partnerships

MBLY

M&A

Product Launch

New Projects/Investments

Mobileye announced the acquisition of Mentee Robotics, marking its entry into humanoid robotics with a roadmap for commercial deployment in structured environments by 2028 and home use by 2030.
The company reported a strong performance in 2025, winning 95% of RFQs with top 10 customers and securing a $24.5 billion pipeline for the next eight years, including $18 billion awarded since its IPO.
Mobileye is advancing its autonomous driving solutions, including 19 million units in Surround ADAS design wins with an SOP of mid-2028, and is collaborating with Volkswagen's MOIA Group to launch driverless services in the US by end of 2026 and in the EU by 2027, targeting 100,000 active self-driving vehicles by end of 2033.
Mobileye's new EyeQ7 chip, sampled and ready for production in Q3 2027, is designed for advanced AI workloads, supporting larger Vision Language Models.

Jan 6, 2026, 9:45 PM

Transcript

Mobileye Global Inc. Enters Agreement to Acquire Mentee Robotics Ltd.

MBLY

M&A

New Projects/Investments

Mobileye Global Inc. has entered into a Share Purchase Agreement to acquire Mentee Robotics Ltd..
The consideration for Mentee shares will consist of 50% cash from Mobileye Vision Technologies Ltd. and 50% Mobileye Global Common Stock from Mobileye Global Inc..
The acquisition is subject to various closing conditions, including the approval by the Israeli Tax Authority for the intended tax treatment of the Class A Stock and RSU consideration.
The Share Purchase Agreement, dated January 5, 2026, stipulates that the closing of the acquisition must occur within 180 days following its signing.

Jan 6, 2026, 9:31 PM

8-K

Mobileye Acquires Mentee Robotics

MBLY

M&A

New Projects/Investments

Mobileye has agreed to acquire humanoid-robotics startup Mentee for approximately $900 million, consisting of $612 million in cash and up to ~26.2 million Mobileye Class A shares, with the transaction expected to close in Q1 2026.
The acquisition is intended to expand Mobileye’s business beyond ADAS and autonomous driving into “physical AI,” with commercialization of Mentee's humanoid technology targeted for 2028.
The deal is projected to increase Mobileye's operating expenses by a few percentage points in 2026 , and comes as Mobileye faces ongoing profitability challenges, including an operating margin near -19.92% and a net margin near -17.34%.