Mobileye Global Inc. (MBLY) Earnings
Mobileye Global Inc. is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $0.06. MBLY has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +18.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.08 | $0.12 | +50.0% | $558M | +7.3% |
| Jan 22, 2026 | $0.06 | $0.06 | +0.0% | $446M | -12.9% |
| Oct 23, 2025 | $0.09 | $0.09 | +4.9% | $504M | +4.8% |
| Jul 24, 2025 | $0.11 | $0.13 | +18.2% | $506M | +5.4% |
| Apr 24, 2025 | $0.08 | $0.08 | +5.7% | $438M | +0.7% |
| Jan 30, 2025 | $0.11 | $0.13 | +21.0% | $490M | +2.4% |
| Oct 31, 2024 | $0.10 | $0.10 | +4.4% | $486M | +4.2% |
| Aug 1, 2024 | $0.08 | $0.09 | +12.5% | $439M | +3.3% |
| Apr 25, 2024 | $-0.06 | $-0.07 | -12.9% | $239M | +3.5% |
| Jan 25, 2024 | $0.27 | $0.28 | +3.7% | $637M | -0.1% |
| Oct 26, 2023 | $0.17 | $0.22 | +29.4% | $530M | +0.3% |
| Jul 27, 2023 | $0.13 | $0.17 | +30.8% | $454M | +0.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Revenue up 27% year over year, adjusted operating income up 61%, operating cash flow $75 million. - ADAS business strong with design wins securing long-term position with main customers, India as growth opportunity, support for Chinese OEMs' export ambitions. - Advanced products: supervision with Porsche and Drive Robotaxi with Moya in progress, production programs running, progress on supervision with first OEM directed drives in US, Robotaxi making rapid progress with Volkswagen's pre-series production and testing in LA and Orlando. - MNT side: Version 3.2 components arrived, version 4 hardware roadmap nearly complete. - Share buyback announced as cash-generative company can pursue growth opportunities and offset dilution.
Guidance
Increased 2026 revenue outlook to midpoint $1.975 billion, implying 4% year-over-year growth, underpinned by ~38 million IQ units. Adjusted operating income outlook raised to midpoint $210 million. Q2 expected to have ~9.3 million IQ units, revenue down ~6% year over year, gross margin slightly below Q1 level, operating expenses consistent with Q1 level.
Segment performance
First quarter revenue was $558 million, up 27% year over year. ADAS business is very strong with high margins and cash generation. Surround ADAS segment has the opportunity to replace base ADAS programs with higher average selling prices. Revenue contribution: ADAS business is a key driver with significant growth and strong margins, surround ADAS has potential for future revenue growth.
Risks & headwinds
Geopolitical and economic volatility, automotive development timelines and OEM confidentiality agreements limiting visibility, DRAM cost impacts on supervision ECU, regulatory challenges in Europe for homologation of autonomous vehicles.
Analyst Q&A
Q: On ADAS side, conditions on channel and customer?
A: Reaffirm January guidance, upside from China OEM export volume, treatment rates increase, safety stock inventory adjustment.
Q: Update on Menti progress?
A: Hardware version 3.2 being assembled, software integrating VLMs, proof of concept analysis ongoing.
Q: Upcoming KPIs for driver out in LA and Florida?
A: Milestones include final level four vehicle readiness, validation, closing with remote operators, commercial drives with safety driver towards end of year.
Q: Guidance EBIT flow-through vs revenue flow-through?
A: China mix with lower ASP impacts conversion, but China volumes go to new markets.
Q: NVIDIA reference design and Mobileye pitch?
A: Mobileye excels in moving from demo to production with 60,000 requirements, Volkswagen's commitment to Mobileye solutions remains.
Q: OEMs pipeline on autonomy?
A: Opportunities in supervision and surround ADAS, level 3 has potential but takes time.
Q: DRAM cost impact?
A: Relatively small business, passing costs to customers but dynamic.
Q: Surround ADAS update?
A: Three design wins, two top 10 OEMs, Indian market as growth opportunity.
Q: Goodwill impairment charge?
A: Triggered by market cap drop, goodwill from Intel acquisition in 2017.
Q: Supervision volumes?
A: Q1 shipped 20,000 units, Q2 estimated 15,000 units, full year ~50,000 units.
Q: Memory supply risk?
A: Not seeing direct imminent change from customers.
Q: India market bullishness?
A: Indian market lagging in ADAS adoption, regulation in 2027 to boost, strong with Indian OEMs including Mahindra.