INNOVIZ TECHNOLOGIES LTD (NASDAQ:INVZ) Tops Q3 2025 Revenue Estimates and Reaffirms Full-Year Outlook

Earnings Overview

INNOVIZ TECHNOLOGIES LTD (NASDAQ:INVZ) reported financial results for the third quarter of 2025, delivering a performance that narrowly surpassed analyst expectations on its top-line revenue. The company, a Tier-1 supplier of automotive-grade LiDAR sensors and software, also reiterated its full-year commercial and financial targets, providing a measure of forward-looking stability for investors.

Revenue and Earnings Performance

The company's third-quarter results showed a slight beat on revenue estimates, while its loss per share was slightly better than anticipated.

• Reported Revenue: $15.28 million
• Estimated Revenue: $14.96 million
• Reported Non-GAAP EPS: -$0.07
• Estimated Non-GAAP EPS: -$0.078

This quarterly performance contributes to a significant year-over-year growth story. According to accompanying news summaries, the company's year-to-date revenues have reached $42.4 million, which is approximately 2.3 times the revenue generated in the same period during 2024. The press release also highlighted that LiDAR unit shipments in the third quarter were "significantly higher" than in previous periods, underscoring the operational ramp-up.

Market Reaction

The immediate market reaction to the earnings release has been notably positive. In pre-market trading, the stock is indicating a strong opening, up approximately 4.97%. This positive price action suggests that investors are interpreting the revenue beat and the reaffirmation of full-year targets as a bullish signal. This uptick is particularly significant given the stock's performance over recent weeks, which has seen a decline of over 19% in the last two weeks and 32% over the past month. The earnings report appears to have provided a catalyst for a potential reversal of that recent negative trend.

Strategic and Forward Outlook

A key takeaway from the press release is the company's reiteration of its full-year commercial and financial targets. This provides a layer of confidence in management's ability to execute its business plan for the remainder of the year. When considering the company's outlook against Wall Street's expectations, analysts have provided estimates for the upcoming quarter and the full fiscal year 2025.

Analyst estimates for the future include:

• Q4 2025 Estimated Sales: $18.87 million
• Q4 2025 Estimated EPS: -$0.075
• Full-Year 2025 Estimated Sales: $61.45 million

By confirming its targets, Innoviz is signaling to the market that it is on track to meet or potentially exceed these external projections, which appears to be a primary driver behind the positive pre-market sentiment.

Press Release Summary

The most critical elements from the earnings announcement include the confirmation of strong commercial momentum, evidenced by the 130% year-to-date revenue growth and a significant increase in LiDAR unit shipments. Financially, the company delivered a modest beat on both revenue and earnings per share estimates. Finally, the management's decision to reiterate its full-year targets provides a clear and consistent narrative about the company's trajectory through the end of 2025.

For a more detailed breakdown of historical earnings and future analyst estimates, you can review the data here.

Disclaimer: This article is for informational purposes only and is not intended as investment advice. The analysis does not constitute a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.