Innoviz Reports Third Quarter 2026 Results

The planned realignment targets approximately $17.5 million in annualized savings and an approximately 20% workforce reduction.

Rhea-AI Summary

Innoviz Technologies (INVZ) reported third-quarter 2026 revenue of $12.1 million and announced an operational realignment to reduce costs.

Revenue fell from $15.3 million a year earlier. Net loss widened to $19.595 million from $15.419 million, while loss per share narrowed to $0.07 from $0.08. Liquidity was approximately $54.4 million at September 30. Innoviz expects the fourth-quarter realignment, including an approximately 20% workforce reduction, to save approximately $17.5 million annually versus its current run rate and support its runway into 2028.

Updated 2026 targets include $44–$46 million revenue. Initial Perciz defense orders are shipping, and automotive projects are progressing. Innoviz attributed lower-than-expected quarterly revenue primarily to delayed non-recurring engineering services revenue after a customer shifted program timing; it expects to realize the full value in 2027.

12 points · 2 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

1 major · 15 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Operational realignment is expected to save approximately $17.5 million annually versus the current run rate. 26% of market cap
• Major pointQ3 ordinary-share issuance raised $27.824 million, net of paid issuance costs. 42% of market cap
• Moderate point. Forward-looking: it has not happened yet and may not happen.Updated 2026 targets call for $44–$46 million revenue.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Updated 2026 targets include $20–$30 million in new non-recurring engineering payment plans.
• Minor point. Forward-looking: it has not happened yet and may not happen.Innoviz expects the realignment to support its runway into 2028.

7 minor points

• Minor pointPerciz has begun delivering initial defense customer orders, with samples shipped to dozens of additional entities.
• Minor point. Forward-looking: it has not happened yet and may not happen.Innoviz believes its partnership approach could produce volume defense orders in the first half of 2027.
• Minor point. Forward-looking: it has not happened yet and may not happen.Innoviz expects defense and security to support revenue expansion and higher gross margins.
• Minor pointAutomotive projects with VW and Daimler Truck are progressing, alongside other development programs including LOXO.
• Minor point. Forward-looking: it has not happened yet and may not happen.Updated 2026 targets include 2–3 new program wins.
• Minor point. Forward-looking: it has not happened yet and may not happen.Perciz revenue is targeted at approximately 6–7% of total 2026 revenue.
• Minor pointQ3 financial income, net, increased to $1.358 million from $0.414 million a year earlier.

Negative

• Major pointOrdinary-share issuance adds dilution; Q3 weighted-average shares rose to 276,044,851 from 203,428,415 a year earlier.
• Moderate pointQ3 revenue declined to $12.098 million from $15.278 million a year earlier.
• Moderate pointQ3 gross results swung to a $1.241 million loss from a $2.298 million profit a year earlier.
• Moderate pointQ3 operating loss widened to $20.917 million from $15.799 million a year earlier.
• Moderate pointQ3 net loss widened to $19.595 million; loss per share narrowed to $0.07 from $0.08 year over year.
• Moderate pointQ3 operating cash use increased to $19.707 million from $13.729 million a year earlier.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Customer program timing delayed engineering revenue; Innoviz expects to realize its full value in 2027.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fourth-quarter realignment will reduce the workforce by approximately 20%.

7 minor points

• Minor pointQ3 operating expenses rose to $19.676 million from $18.097 million a year earlier.
• Minor pointNine-month revenue declined to $37.315 million from $42.415 million a year earlier.
• Minor pointNine-month gross results swung to a $2.127 million loss from a $10.840 million profit a year earlier.
• Minor pointNine-month operating expenses increased to $63.683 million from $57.646 million a year earlier.
• Minor pointNine-month operating loss widened to $65.810 million from $46.806 million a year earlier.
• Minor pointNine-month net loss widened to $64.321 million, or $0.27 per share, from $46.540 million, or $0.24.
• Minor pointNine-month operating cash use increased to $48.522 million from $38.787 million a year earlier.

News Explained

The Q3 cash-flow statement reports $27,824 thousand in net proceeds from ordinary-share issuance; the weighted-average share count was 276,044,851 versus 203,428,415 a year earlier, and issuing shares reduces existing holders’ ownership percentages absent offsetting changes.

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Key Figures

Q3 revenue: $12.1 million vs. $15.3 million Q3 operating expenses: $19.7 million vs. $18.1 million Q3 net loss: ($19,595) thousand vs. ($15,419) thousand +5 more

Q3 revenue

$12.1 million vs. $15.3 million

Q3 2026 vs. Q3 2025

Q3 operating expenses

$19.7 million vs. $18.1 million

Q3 2026 vs. Q3 2025

Q3 net loss

($19,595) thousand vs. ($15,419) thousand

Three months ended September 30, 2026 vs. 2025

Annualized cost savings

$17.5 million

Expected savings vs. current run rate

Workforce reduction

20%

Expected as part of the operational realignment

FY 2026 revenue target

$44–$46 million

Updated FY 2026 target

New program wins

2–3

FY 2026 operational target

New NRE payment plans

$20–$30 million

FY 2026 operational target

Previous Earnings Reports

3 past events · Latest: Aug 05

Same Type 3 events

1. Aug 05

   Q2 earnings report

   24h Move

   -3.9%

   Reported record Q2 revenue, initial defense orders, and reiterated full-year targets.

2. May 14

   Q1 earnings report

   24h Move

   -18.5%

   Revenue declined year over year while operating expenses rose; full-year targets were reiterated.

3. Nov 12

   Q3 earnings report

   24h Move

   -5.0%

   Revenue rose year over year, operating expenses fell, and full-year guidance was reiterated.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

lidar, counter-UAS, NRE, marketable securities

4 terms

lidar technical

"Innoviz LiDARs recognized by MAFAT"

Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

counter-UAS technical

"applications such as counter-UAS"

Counter-UAS (counter-unmanned aircraft systems) are tools and tactics used to detect, track, and disable or divert drones that pose a threat to people, property, or operations. Think of them as a combination of a security camera, alarm system, and net that can find an unwanted flying device and stop it before it causes harm. Investors care because demand, regulation, and deployment of these systems affect revenue, contract opportunities, legal risk, and the valuation of companies that build or use them.

NRE financial

"delay in NRE revenues as a customer shifted the timing of programs"

Non-recurring engineering (NRE) are one-time development costs a company pays to design, prototype, or set up production for a new product or system. Think of it as the upfront renovation bill before a house can be lived in: it can be large but doesn’t repeat each month. Investors care because NRE inflates short-term expenses and lowers profits now, but once paid, it can lead to lower ongoing costs and clearer future earnings if the project succeeds.

marketable securities financial

"marketable securities, and short-term restricted cash"

Marketable securities are financial assets — such as publicly traded stocks, bonds, and short-term government bills — that a company can quickly sell for cash at a known price. Investors watch them because they show how much ready cash a company can access without selling core operations, like keeping money in a highly liquid savings account versus being tied up in a house, and they affect short-term risk, financial flexibility, and balance-sheet strength.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Perciz defense and homeland security business gaining traction; engaged in active discussions with multiple strategic defense primes in Israel and abroad; Innoviz LiDARs recognized by MAFAT, Israel's Directorate of Defense Research and Development
• Automotive programs with VW, Daimler Truck, and others progressing; development projects with other customers on track
• Optimizing operations, with a realignment to be implemented in the fourth quarter; expected cost savings of approximately $17.5 million on an annualized basis vs. the current run rate
• Revenues of $12.1 million in Q3

TEL AVIV, Israel, Nov. 11, 2026 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company," "we," or "Innoviz"), a leading supplier of high-performance, automotive-grade LiDAR sensor platforms for the automotive, security, defense, and industrial markets, today provided commercial and strategic updates on its business, reported its financial results for the quarter ended September 30, 2026, and updated its financial and operational targets for 2026.

"Over the past year, we took decisive steps to diversify our business and strengthen our path to long-term growth and profitability," said Omer Keilaf, CEO and Founder of Innoviz. "We have repositioned Innoviz around two synergistic end-markets: automotive, and defense and homeland security under our Perciz brand. In defense, we are delivering initial customer orders. We are also engaged in active discussions with dozens of potential customers, including large strategic defense primes in Israel and abroad, many of which have ordered units for testing and evaluation. In September, MAFAT, Israel's Directorate of Defense Research and Development, recognized the maturity, robustness, and performance of our LiDARs and their suitability for defense applications. As warfare changes rapidly and the focus shifts to non-conventional tactics, our production-ready, automotive-grade sensors are well positioned to address today's most urgent security challenges in applications such as counter-UAS. We believe our partnership-oriented go-to-market approach could result in volume defense orders in the first half of next year. In automotive, our projects continue to progress, though third-quarter revenues were lower than expected, primarily reflecting a delay in NRE revenues as a customer shifted the timing of programs. We expect to realize the full value of these NREs in 2027. To accelerate our path to profitability, we are implementing a realignment of our operations, with expected cost savings of approximately $17.5 million on an annualized basis vs. the current run rate. The realignment supports our runway into 2028, and, together with our automotive and defense businesses, positions us for expansion."

Commercial and Strategic Updates

• Repositioned Around Two Synergistic End-Markets – Innoviz now serves two end-markets: automotive, and defense and homeland security under the Perciz brand. The Company expects defense and security to support revenue expansion and gross margin uplift, aided by shorter sales cycle times and ASPs an order of magnitude higher than in automotive, while automotive drives volume growth as programs begin ramping.
• Defense Orders Shipping – Innoviz has begun delivering initial customer orders and has shipped samples to dozens of additional entities for testing, development, and integration.
• Recognized by MAFAT – In September, MAFAT, Israel's Directorate of Defense Research and Development, recognized the maturity, robustness, and performance of Innoviz's LiDAR solutions and their suitability for defense applications. Given MAFAT's worldwide reputation and the extent to which defense capabilities are exchanged between Israel and other nations, Innoviz believes this recognition could help support potential demand among Western defense customers over time.
• Strong Engagement at AUSA – At the Association of the United States Army (AUSA) Annual Meeting and Exposition in October, Innoviz met with dozens of potential customers, including CTOs and senior leaders of leading defense companies and system integrators.
• Automotive Programs Progressing – Projects with VW and Daimler Truck are progressing, along with other Level 3 and Level 4 development programs, including work with LOXO on its Level 4 autonomous delivery platform.
• Optimizing Operations – Innoviz is implementing a realignment of its operations to accelerate its progress toward profitability. To maximize efficiencies, the Company will streamline its R&D and operations. As a result of these actions, the Company's workforce will be reduced by approximately 20%, and the Company expects the realignment to deliver cost savings of approximately $17.5 million on an annualized basis compared to its current run rate.

Q3 2026 Financial Results

Revenues in Q3 2026 were $12.1 million compared to revenues of $15.3 million in Q3 2025. The revenues resulted from a combination of NRE services and sales of LiDAR units.

Operating expenses in Q3 2026 were $19.7 million, an increase of 9% compared to operating expenses of $18.1 million in Q3 2025.

Liquidity as of September 30, 2026, was approximately $54.4 million, consisting of cash and cash equivalents, short-term deposits, marketable securities, and short-term restricted cash.

FY 2026 Financial and Operational Targets^[1]
The Company is updating its FY 2026 targets to:

• Revenues of $44–$46 million;
• 2–3 new program wins;
• Perciz revenue ~6-7% of total revenue; and
• New NRE payment plans of $20–$30 million.

Conference Call
Innoviz management will hold a web conference today, November 11, 2026, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss commercial and strategic updates, financial results for Q3 2026, and financial and operational targets. Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.

Investors are invited to attend by registering in advance here. All relevant information will be sent upon registration.

A replay of the web conference will also be available shortly after the call in the Investors section of Innoviz's website for 90 days.

About Innoviz
Innoviz is a leading provider of LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers while extending its existing sensing solutions into defense, homeland security, industrial, and smart infrastructure markets.

Innoviz's LiDAR sensors and complementary software suite are designed to deliver exceptional range, resolution, and reliability, providing accurate 3D sensing even in harsh weather conditions. Built to meet the automotive industry's strict standards for performance and safety, Innoviz's sensors are increasingly supplied for applications that demand precise, real-time spatial awareness and continuous object localization.

Operating across the U.S., Europe, and Asia, Innoviz designs solutions for automotive OEMs, system integrators, municipalities, commercial enterprises, government organizations, and other customers worldwide. Under the Perciz brand, Innoviz offers its existing automotive-grade LiDAR sensors for defense, counter-UAS, perimeter intrusion detection, and homeland security applications. For more information, visit innoviz.tech.

Join the discussion: Facebook, LinkedIn, YouTube, X

Media Contact
Media@innoviz-tech.com

Investor Contact
Investors@innoviz-tech.com

^[1] As the Company increasingly focuses on the defense market (where new program wins and NRE payment plans are less meaningful measures of performance), the Company does not currently intend to provide guidance on these metrics in future periods.

Forward-Looking Statements

This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services and products offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, and the Company's ability to successfully enter and compete in the defense and homeland security markets, expected NRE payments, the anticipated scaling of production and/or the potential volume of product units under third-party platform programs, and Innoviz's projected future operational and financial results, including revenue and NREs and the potential for synergies between the Company's automotive and defense market activities. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "potential," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.

"NRE (Non-Recurring Engineering)" is booked services that may be ordered from Innoviz usually as part of a program design win and includes, among other things, application engineering, product adaptation services, testing and validation services, standards and qualification work and change requests (usually during the lifetime of a program). NREs may be paid based on milestones over the development phase of the project which may take a few years.

Many factors could cause actual future events, and, in the case of our forward-looking revenues and NRE bookings, actual orders or actual payments, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to achieve broader market adoption of Innoviz's products and solutions, the ability to maintain and scale initial deployments and evaluations into long-term commercial relationships, the risk that initial purchase orders do not convert into anticipated volumes and that results depend on the success of third-party integrators and partners, the risks associated with the defense and homeland security market, including procurement cycles, budgetary constraints and regulatory and export control considerations, the early stage of the Company's defense and security business, the dependency on third-party platform decisions, regulatory approvals, and market conditions with respect to projected product volumes under programs, the risk that anticipated synergies between the automotive and defense markets may not materialize or that these markets have different sales cycles, regulatory regimes, and margin profiles, the ability of preliminary arrangements, including evaluation engagements and letters of intent, to result in definitive supply, development, or commercial agreements on expected terms and volumes, the possibility that NRE would be set off against liabilities and indemnities, the ability to realize the anticipated cost savings from the Company's operational realignment and the risk that the realignment disrupts operations, results in greater than expected charges, or affects the retention of key personnel, the risk that customers delay, reschedule or modify program timelines, including the timing of NRE recognition and payment, the sufficiency of the Company's liquidity and capital resources to fund its operations for the anticipated period, the ability to identify and realize additional opportunities, potential changes and developments in the highly competitive LiDAR technology and related industries, and our expectations regarding the impact of geopolitical developments in the Middle East including the evolving conflict in Israel on our ongoing operations. The foregoing list is not exhaustive. You should carefully consider such risk and the other risks and uncertainties described in Innoviz's annual report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission ("SEC") on March 4, 2026, and in other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. The agreements and letters of intent referenced in this announcement are subject to various conditions, including, in certain cases, successful completion of evaluation phases, negotiation of definitive terms, and customer election to proceed. The recognition by MAFAT referenced in this announcement does not constitute a procurement decision, contractual commitment, or commitment of future funding. There can be no assurances that any such arrangement or recognition will result in definitive agreements, firm orders, payments, or series production, or that volumes, timing, or commercial terms will align with current expectations. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.

 

 

INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
U.S. dollars in thousands (except share and per share data)
(Unaudited)
		Nine Months Ended September 30,				Three Months Ended September 30,
		2026		2025		2026		2025
Revenues	$	37,315	$	42,415	$	12,098	$	15,278
Cost of revenues		(39,442)		(31,575)		(13,339)		(12,980)
Gross profit (loss)		(2,127)		10,840		(1,241)		2,298
Operating expenses:
Research and development		40,747		40,354		12,289		12,372
Sales and marketing		6,258		4,183		2,162		1,292
General and administrative		16,678		13,109		5,225		4,433
Total operating expenses		63,683		57,646		19,676		18,097
Operating loss		(65,810)		(46,806)		(20,917)		(15,799)
Financial income, net		1,597		385		1,358		414
Loss before taxes on income		(64,213)		(46,421)		(19,559)		(15,385)
Taxes on income		(108)		(119)		(36)		(34)
Net loss	$	(64,321)	$	(46,540)	$	(19,595)	$	(15,419)
Basic and diluted net loss per ordinary share	$	(0.27)	$	(0.24)	$	(0.07)	$	(0.08)
Weighted average number of ordinary shares used in computing basic and diluted net loss per ordinary share		238,690,154		196,237,671		276,044,851		203,428,415

 

 

INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands
(Unaudited)
		September 30,		December 31,
		2026		2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	22,812	$	8,638
Short-term restricted cash		16		16
Bank deposits		22,736		54,010
Marketable securities		8,855		9,466
Trade receivables, net		10,484		9,978
Inventory		5,227		3,344
Prepaid expenses and other current assets		6,608		4,780
Total current assets		76,738		90,232
LONG-TERM ASSETS:
Restricted deposits		3,321		3,189
Property and equipment, net		19,210		19,856
Operating lease right-of-use assets, net		22,990		25,086
Other long-term assets		850		89
Total long-term assets		46,371		48,220
Total assets	$	123,109	$	138,452
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables	$	9,594	$	8,599
Deferred revenues		2,523		1,852
Employees and payroll accruals		10,244		9,027
Accrued expenses and other current liabilities		6,984		5,998
Operating lease liabilities		6,236		5,949
Total current liabilities		35,581		31,425
LONG-TERM LIABILITIES:
Operating lease liabilities		27,311		29,302
Warrants liability		-		7
Total long-term liabilities		27,311		29,309
SHAREHOLDERS' EQUITY:
Ordinary Shares of no-par value		-		-
Additional paid-in capital		922,378		875,558
Accumulated deficit		(862,161)		(797,840)
Total shareholders' equity		60,217		77,718
Total liabilities and shareholders' equity	$	123,109	$	138,452

 

 

INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
U.S. dollars in thousands
(Unaudited)
		Nine Months Ended September 30,				Three Months Ended September 30,
		2026		2025		2026		2025
Cash flows from operating activities:
Net loss	$	(64,321)	$	(46,540)	$	(19,595)	$	(15,419)
Adjustments required to reconcile net loss to net cash used in operating activities:
Depreciation and amortization		3,914		4,076		1,334		1,361
Remeasurement of warrants liability		(7)		(43)		-		(13)
Change in accrued interest on bank deposits		917		(931)		90		(277)
Change in marketable securities		(30)		(130)		(14)		(39)
Share-based compensation		11,022		11,850		3,344		3,943
Capital gain, net		(8)		-		-		-
Foreign exchange loss (gain), net		150		(1,326)		348		(43)
Change in prepaid expenses and other assets		(2,422)		1,181		(1,877)		1,312
Change in trade receivables, net		(506)		(13,768)		3,298		(8,188)
Change in inventory		(1,883)		616		134		233
Change in operating lease assets and liabilities, net		392		2,813		(1,329)		422
Change in trade payables		1,402		858		(4,785)		5,422
Change in accrued expenses and other liabilities		970		(244)		927		(1,293)
Change in employees and payroll accruals		1,217		939		(1,083)		163
Change in deferred revenues		671		1,862		(499)		(1,313)
Net cash used in operating activities		(48,522)		(38,787)		(19,707)		(13,729)
Cash flows from investing activities:
Purchase of property and equipment		(3,885)		(3,210)		(1,667)		(286)
Proceeds from sales of property and equipment		11		3		7		-
Investment in bank deposits		(42,530)		(77,900)		(22,600)		(19,200)
Withdrawal of bank deposits		72,980		52,350		12,880		18,900
Investment in restricted deposits		(100)		(120)		(100)		(120)
Investment in marketable securities		(18,551)		(29,898)		(8,862)		(6,967)
Proceeds from sales and maturities of marketable securities		19,192		32,611		9,649		6,904
Net cash provided by (used in) investing activities		27,117		(26,164)		(10,693)		(769)
Cash flows from financing activities:
Issuance of ordinary shares and warrants, net of issuance costs		-		37,289		-		-
Issuance of ordinary shares under the Sales Agreement, net of paid issuance costs		7,987		8,419		(83)		8,419
Issuance of ordinary shares, net of paid issuance costs		27,824		-		27,824		-
Proceeds from exercise of options		43		710		-		445
Net cash provided by financing activities		35,854		46,418		27,741		8,864
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(275)		1,054		(254)		(15)
Increase (decrease) in cash, cash equivalents and restricted cash		14,174		(17,479)		(2,913)		(5,649)
Cash, cash equivalents and restricted cash at the beginning of the period		8,654		25,381		25,741		13,551
Cash, cash equivalents and restricted cash at the end of the period	$	22,828	$	7,902	$	22,828	$	7,902

 

 

Share-based compensation expenses:
		Nine Months Ended September 30,				Three Months Ended September 30,
		2026		2025		2026		2025
Cost of revenues	$	2,708	$	4,118	$	791	$	1,509
Research and development		3,504		4,557		1,045		1,302
Sales and marketing		650		552		214		180
General and administrative		4,160		2,623		1,294		952
	$	11,022	$	11,850	$	3,344	$	3,943

 

 

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SOURCE Innoviz Technologies

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Innoviz's third-quarter 2026 revenue and net loss?

Innoviz recorded $12.098 million in revenue and a $19.595 million net loss in Q3 2026. A year earlier, revenue was $15.278 million and net loss was $15.419 million. Basic and diluted loss per share narrowed to $0.07 from $0.08.

What is Innoviz's updated 2026 outlook?

Innoviz targets $44–$46 million in 2026 revenue, 2–3 new program wins and $20–$30 million in new non-recurring engineering payment plans. Perciz revenue is targeted at approximately 6–7% of total revenue.