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Innoviz Technologies Ltd

innoviz.tech

What Do They Do?

Sells LiDAR sensors and related perception software to automakers and automotive suppliers for passenger and commercial vehicles. Also sells LiDAR solutions for infrastructure, security and robotics applications.

How Do They Make Money?

Customers pay for LiDAR sensors, critical components and engineering services. Sensor and component sales are counted at delivery, some engineering work when accepted by the customer, and machinery adjustments over time.

FY2025 revenue

Who Are Their Customers?

It sells to automakers and automotive suppliers for vehicle programs, and serves non-automotive customers in areas such as infrastructure, security and robotics. It uses direct sales and distribution channels; non-automotive sales also go through channel partners.

Do Revenues Turn Into Profits?

No. It lost $67.8M in FY2025.

Operating income, FY2025
−123% of revenue
▼ −34% (Loss) vs FY2024 (−$101.9M, −420%)
Net income, FY2025
−123% of revenue
▼ −28% (Loss) vs FY2024 (−$94.8M, −390%)
Free cash flow, FY2025
−95% of revenue
▼ −36% (Loss) vs FY2024 (−$81.4M, −335%)

How Are They Changing?

Growing. Revenue grew 10.1x in 4 years, from $5.5M in FY2021 to $55.1M in FY2025, about 78% a year.

Dedicated non-automotive product The older report described LiDAR solutions for vehicles and a range of other industries; the latest report adds InnovizSMART, a sensor platform aimed at security, mobility, aerial, robotics and traffic-management uses.

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