Innoviz Technologies Ltd. income statement

In fiscal 2025, Innoviz Technologies Ltd. reported revenue of $55.1m, up 127.0% on the year before, operating income of −$67.7m (a -123.0% margin) and net income of −$67.8m, or −$0.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Innoviz Technologies Ltd.: income statement, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	0	2	−9	5	6	21	24	55
Cost of revenue	0	2	6	10	15	32	25	42
Gross profit	0	−0	−16	−5	−9	−12	−1	13
Research and development	48	59	57	93	95	93	74	56
Selling and marketing	6	6	5	24	10	9	7	6
General and administrative	2	3	4	36	19	20	19	18
Operating income	−56	−69	−82	−158	−133	−133	−102	−68
Income before tax	−56	−67	−81	−153	−127	−123	−95	−68
Income tax	0	0	0	0	0	1	0	0
Net income	−56	−67	−82	−154	−127	−123	−95	−68
Diluted EPS	−$4.14	−$5.22	−$5.99	−$1.54	−$0.94	−$0.84	−$0.57	−$0.34
Diluted shares (average)	15m	16m	17m	103m	135m	147m	167m	200m
EBITDA	−56	−68	−79	−154	−126	−123	−94	−62

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Innoviz Technologies Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Innoviz Technologies Ltd.