Innoviz Technologies Ltd Financials

Innoviz Technologies Ltd (INVZ) reported $24.3M in total revenue for fiscal year 2024. This represents a 344.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Innoviz Technologies Ltd (INVZ) revenue grew by 344% year-over-year, from $5.5M to $24.3M in fiscal year 2024.

No, Innoviz Technologies Ltd (INVZ) reported a net income of -$94.8M in fiscal year 2024, with a net profit margin of -390.5%.

Innoviz Technologies Ltd (INVZ) reported diluted earnings per share of $-0.57 for fiscal year 2024. This represents a 63.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Innoviz Technologies Ltd (INVZ) had EBITDA of -$94.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Innoviz Technologies Ltd (INVZ) had a gross margin of -4.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Innoviz Technologies Ltd (INVZ) had an operating margin of -420.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Innoviz Technologies Ltd (INVZ) had a net profit margin of -390.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Innoviz Technologies Ltd (INVZ) generated -$81.4M in free cash flow during fiscal year 2024. This represents a 5.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Innoviz Technologies Ltd (INVZ) generated -$77.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Innoviz Technologies Ltd (INVZ) had $132.0M in total assets as of fiscal year 2024, including both current and long-term assets.

Innoviz Technologies Ltd (INVZ) invested $4.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Innoviz Technologies Ltd (INVZ) invested $73.8M in research and development during fiscal year 2024.

Innoviz Technologies Ltd (INVZ) had 169M shares outstanding as of fiscal year 2024.

Innoviz Technologies Ltd (INVZ) had a current ratio of 2.98 as of fiscal year 2024, which is generally considered healthy.

Innoviz Technologies Ltd (INVZ) had a debt-to-equity ratio of 0.67 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Innoviz Technologies Ltd (INVZ) had a return on assets of -71.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Innoviz Technologies Ltd (INVZ) had $25.4M in cash against an annual operating cash burn of $77.0M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Innoviz Technologies Ltd (INVZ) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Innoviz Technologies Ltd (INVZ) has an earnings quality ratio of 0.81x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

Innoviz Technologies Ltd (INVZ) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.