MBLY

EX-99.1

2 tm2612233d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview

·Revenue of $508 million in the second quarter was relatively flat compared to Q2 2025. Operating Loss and Adjusted Operating Income in Q2 2026 improved by 59% and 46% respectively, compared to Q2 2025.

·Diluted EPS (GAAP) was $(0.03) and Adjusted Diluted EPS (Non-GAAP) was $0.19 in the second quarter of 2026.

·Full-year 2026 revenue outlook, at the midpoint, is increased by $20 million. Range narrowed to $1,970 million - $2,020 million, implying 4% - 7% year-over-year revenue growth.

·We are raising the midpoint of our full-year 2026 guidance for Adjusted Operating Income (Non-GAAP) and decreasing the midpoint for Operating Loss (GAAP) by 88% and 4%, respectively. The positive revisions are primarily related to an R&D incentive grant recognized under the Israeli Law for the Encouragement and Incentivization of Research and Development 2026 (“R&D Law”) which was enacted during the second quarter and applies from the beginning of 2026. Accordingly, the R&D incentive grant recognized this quarter was recognized for the entire first half of 2026.

·Generated net cash from operating activities of $210 million in the six months ended June 27, 2026. Our balance sheet is strong with $1.4 billion of cash and cash equivalents, marketable securities and deposits.

JERUSALEM

– July 23, 2026 – Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months ended June 27, 2026.

“The core business continued its strong momentum in Q2 as we focus our development and execution efforts on a number of advanced product launches in late 2026 and throughout 2027,” said Mobileye President and CEO Prof. Amnon Shashua. “Our foundation is robust and highly profitable, boosted by the recently enacted R&D Law which we expect to sustainably raise the margin baseline of the business. I see tremendous opportunities ahead as we work to convert heavy R&D spending over the last several years into revenue generation from advanced consumer automotive products, self-driving-system supply, robotaxi services, and humanoid robotics.”

Second Quarter 2026 Business Highlights

·Preparations for commercial robotaxi services with the Volkswagen Group company MOIA continued on-track throughout the quarter. MOIA just recently began public user testing in Hamburg, Germany with safety drivers in vehicles equipped with Mobileye’s self-driving-system.

·Our previously announced expansion into vertically-integrated commercial mobility as a service gained momentum in recent weeks. We are engaged with potential vendors for vehicle platform supply, self-driving-system installation and upfit, and fleet logistics support. We have accelerated Moovit’s execution of customer-facing app, fleet optimization, and rider engagement applications. We believe these efforts significantly expand our potential to scale robotaxi commercialization through multiple channels, including MOIA and Holon, our own service, and third-party demand generation platforms.

·We see continued traction in automaker demand for next-generation, high-volume ADAS systems, including expanded safety features and hands-free highway driving, in a cost-efficient package. In addition to multiple previously announced Surround ADAS design wins we added a high-volume Cloud-Enhanced ADAS design win with Stellantis this quarter. Gross profit per unit for this program is roughly equivalent to Surround ADAS and more than double our current average base ADAS profitability.

·Enactment of the R&D Law mentioned above occurred during Mobileye’s second quarter and applies from the beginning of 2026. We recognized approximately $110 million (GAAP) and $93 million (Non-GAAP) as an offset to Q2 R&D expenses (amounts attributable to Q1 and Q2 were roughly equivalent). For the full-year, we have incorporated $197 - $217 million (GAAP) and $180 - $200 million (Non-GAAP) into our full-year 2026 outlook. The R&D Law has no scheduled expiration date and was enacted in connection with Israel’s implementation of the OECD Pillar Two global minimum tax rules to offset the resulting higher tax burden, preserve Israel’s attractiveness for R&D investment and encourage continued R&D activity.

Second Quarter 2026 Financial Summary and Key Highlights (Unaudited)

GAAP

U.S. dollars in millions

Q2 2026

Q2 2025

% Y/Y

Revenue $508 $506 —%

Gross Profit $235 $252 (7)%

Gross Margin 46% 50% (354)bps

Operating Income (Loss) $(30) $(74) 59%

Operating Margin (6)% (15)% +872bps

Net Income (Loss) $(21) $(67) 69%

EPS - Basic

$(0.03) $(0.08) 69%

EPS - Diluted

$(0.03) $(0.08) 69%

Non-GAAP

U.S. dollars in millions

Q2 2026

Q2 2025

% Y/Y

Revenue $508 $506 —%

Adjusted Gross Profit $333 $347 (4)%

Adjusted Gross Margin 66% 69% (303)bps

Adjusted Operating Income $155 $106 46%

Adjusted Operating Margin 31% 21% +956bps

Adjusted Net Income

EX-99.1

2 tm2612233d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

Mobileye Releases First Quarter 2026 Results, Updates Full-Year Outlook, and Announces a $250 Million Share Repurchase Program

·Revenue of $558 million in the first quarter increased 27% year over year compared to Q1 2025. We are raising the midpoint of our full-year 2026 revenue guidance by 2% to reflect better-than-expected demand in the first quarter.

·Diluted EPS (GAAP) was $(4.68) and Adjusted Diluted EPS (Non-GAAP) was $0.12 in the first quarter.

·GAAP

Operating Loss was impacted by a non-cash goodwill impairment of $3,788 million related to the goodwill

asset on Mobileye’s balance sheet resulting from Intel’s acquisition of Mobileye in 2017.

·Generated $75 million of operating cash flow in the first quarter of 2026. The acquisition of Mentee Robotics Ltd. (“Mentee Robotics”) closed in early February, resulting in a reduction in our cash balance of $591 million, net of cash acquired.

·Announced an up to $250 million share repurchase authorization, intended to partially offset dilution associated with stock-based compensation and shares issued as part of the Mentee Robotics acquisition in in the first quarter.

JERUSALEM

– April 23, 2026 – Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months ended March 28, 2026.

“First quarter results reflected a stronger than expected start to 2026, and continued favorable demand trends enable us to modestly increase our 2026 outlook. We also secured an important design win with Mahindra which adds a third Surround ADAS customer and a second customer for our next-generation SuperVision product,” said Mobileye President and CEO Professor Amnon Shashua. “In parallel, we achieved significant milestones related to our robotaxi technology stack and our EyeQ6H-based Supervision L2++ and Chauffer L3 programs with VW group. Continued execution across these programs is key both to converting our advanced product pipeline into future revenue growth and to winning additional customers.”

First Quarter 2026 Business Highlights

·The Mobileye Drive / MOIA / VW ID.Buzz robotaxi ecosystem progressed significantly during the first quarter. VW and MOIA announced the kick off of pre-series production at VW’s Hanover plant in March. MOIA announced Orlando as its initial driverless launch location (in collaboration with Beep) and began on-road validation testing with Uber in Los Angeles. There are now more than 100 ID.Buzz AVs powered by Drive testing on public roads in six cities (LA, Austin, Orlando, Munich, Berlin, and Hamburg), with Oslo coming soon. We believe Mobileye Drive technology has meaningful scaling advantages over the competition and look forward to continued strong execution over the course of 2026.

·For the first time, EyeQ6 High-based SuperVision is operating in the US inside pre-production vehicles. An extended 2,000+ kilometer drive, on an unplanned route, achieved targeted mean-time-between-failure goals in urban, suburban, and highway road types, as well as severe weather, and outperformed other systems used as benchmarks.

·We announced SuperVision and Surround ADAS design wins with Mahindra. We continue to see significant potential for growth in the India market for both ADAS and AV, and are encouraged that Mahindra believes that advanced mobility products based on Mobileye solutions can serve as competitive differentiators in the mid-trim and premium vehicle segments.

First Quarter 2026 Financial Summary and Key Highlights (Unaudited)

GAAP

U.S. dollars in millions

Q1 2026

Q1 2025

% Y/Y

Revenue $558 $438 27%

Gross Profit $275 $207 33%

Gross Margin 49% 47% +202bps

Operating Income (Loss) $(3,896) $(117) *NM

Operating Margin (698)% (27)% *NM

Net Income (Loss) $(3,818) $(102) *NM

EPS - Basic

$(4.68) $(0.13) *NM

EPS - Diluted

$(4.68) $(0.13) *NM

*Not Meaningful

Non-GAAP

U.S. dollars in millions

Q1 2026

Q1 2025

% Y/Y

Revenue $558 $438 27%

Adjusted Gross Profit $370 $301 23%

Adjusted Gross Margin 66% 69% (241)bps

Adjusted Operating Income (Loss) $95 $59 61%

Adjusted Operating Margin 17% 13% +360bps

Adjusted Net Income (Loss) $96 $63 52%

Adjusted EPS - Basic

$0.12 $0.08 51%

Adjusted EPS - Diluted

$0.12 $0.08 51%

·Revenue increased 27% compared to the first quarter of 2025, primarily due to a 28% ramp up in EyeQ SoC volumes attributable to higher EyeQ demand. A portion of this growth was related to the normalization of safety stock levels at customers, after some draw down that took place in the fourth quarter of 2025.

·Gross Margin increased by nearly 2 percentage points in the first quarter of 2026 as compared to the prior year period. The increase was primarily due to similar levels of amortization of intangible assets on a significantly higher revenue base, partially offset by a higher EyeQ-related cost per unit given the different mix of EyeQ products sold.

·Adjusted Gross Margin decreased by nearly 2 percentage point

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0001910139

2026-01-22 2026-01-22

iso4217:USD

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 22, 2026

Mobileye Global Inc.

(Exact Name of the Registrant as Specified in Charter)

Delaware

001-41541

88-0666433

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

c/o Mobileye B.V.

Har Hotzvim, 1 Shlomo Momo HaLevi Street

Jerusalem, Israel

(Address of Principal Executive Offices)

9777015

(Zip Code)

Registrant’s telephone number, including area code: +972-2-541-7333

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class: Trading symbol(s) Name of exchange on which

registered

Class A common stock, $0.01 par value

MBLY

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02.   Results of Operations and Financial Condition.

On January 22, 2026 Mobileye Global Inc. issued a press release announcing its financial results for the quarter and year ended December 27, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01.   Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press release issued by Mobileye Global Inc. on January 22, 2026

104

Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MOBILEYE GLOBAL INC.

By: /s/ Moran Shemesh Rojansky

Name: Moran Shemesh Rojansky

Title: Chief Financial Officer

Date: January 22, 2026