Financials · INVZ

Innoviz Technologies Ltd. (INVZ) financials

For fiscal 2025 (ended Dec 31, 2025), Innoviz Technologies Ltd. reported $55.09M of revenue and -$67.80M of net income.

Revenue, FY2025
$55.09M
Revenue growth, YoY
+127.0%
Net income, FY2025
-$67.80M
Net margin
-123.1%
Free cash flow, FY2025
-$52.17M
EPS, diluted, FY2025
-$0.34
Cash
$8.64M
P/S
1.17
Market cap
$64.4M
Annual revenue$55.09M
FY2018FY2025
Annual net income-$67.80M
FY2018FY2025
Annual free cash flow-$52.17M
FY2018FY2025

INVZ revenue and earnings growth

INVZ revenueFY2025$55.09M

FY YoY
+127.0%

INVZ revenue was $55.09M for fiscal 2025 (ended Dec 31, 2025), up 127.0% from fiscal 2024. It rose in each of the last 4 fiscal years. Fiscal 2025 is the highest of the 8 fiscal years on file.

INVZ net incomeFY2025-$67.80M

INVZ net income was -$67.80M for fiscal 2025 (ended Dec 31, 2025), compared with -$94.76M in fiscal 2024.

INVZ EPSFY2025-$0.34

INVZ diluted EPS was -$0.34 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.57 in fiscal 2024.

INVZ free cash flowFY2025-$52.17M

INVZ free cash flow was -$52.17M for fiscal 2025 (ended Dec 31, 2025), compared with -$81.37M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Revenue$55.09M$24.27M$20.88M$6.03M$5.47M-$9.36M$1.57M$62.0K
Cost of revenue$42.18M$25.43M$32.49M$14.79M$10.49M$6.41M$1.99M$53.0K
Gross profit$12.90M-$1.16M-$11.61M-$8.76M-$5.02M-$15.77M-$411.0K$9.0K
Research and development$56.48M$73.82M$92.68M$95.11M$93.34M$57.03M$59.38M$48.32M
Selling, general and admin$18.41M$19.47M$19.54M$19.18M$35.56M$3.75M$3.19M$2.44M
Operating income-$67.73M-$101.92M-$132.60M-$133.35M-$157.65M-$81.98M-$69.46M-$56.26M
Pre-tax income-$67.62M-$94.59M-$122.81M-$126.55M-$153.28M-$81.33M-$67.29M-$56.37M
Income tax$171.0K$167.0K$642.0K$325.0K$284.0K$183.0K$10.0K$32.0K
Net income-$67.80M-$94.76M-$123.45M-$126.87M-$153.56M-$81.51M-$67.30M-$56.40M
EPS, basic-$0.34-$0.57-$0.84-$0.94-$1.54-$5.99-$5.22-$4.14
EPS, diluted-$0.34-$0.57-$0.84-$0.94-$1.54-$5.99-$5.22-$4.14
Diluted shares199.9M167.2M147.5M135.2M102.9M16.5M15.5M15.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Cash and equivalents$8.64M$25.36M$26.28M$55.95M$24.54M$50.77M$73.43M$19.20M
Short-term investments$9.47M$11.96M$13.34M$41.68M$11.61M$0--
Receivables$9.98M$6.04M$7.39M$1.76M$513.0K$2.51M$1.02M-
Inventory$3.34M$1.91M$1.87M$4.24M$4.26M$2.16M$1.34M-
Current assets$90.23M$82.62M$160.46M$187.55M$274.43M$57.91M$111.80M-
Total assets$138.45M$132.05M$219.23M$255.43M$327.22M$72.56M$123.86M-
Current liabilities$31.43M$27.77M$37.23M$32.43M$21.66M$17.79M$14.70M-
Short-term debt-----$275.0K$246.0K-
Long-term debt----$0$2.22M$2.33M-
Total debt----$0$2.50M$2.57M-
Shareholders' equity$77.72M$78.93M$153.29M$192.02M$298.80M-$223.75M-$145.71M-$80.66M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Operating cash flow-$47.92M-$76.95M-$93.05M-$93.41M-$82.52M-$61.94M-$69.22M-$39.38M
Capital expenditures$4.25M$4.41M$6.58M$22.57M$3.78M$5.12M$5.85M$6.85M
Free cash flow-$52.17M-$81.37M-$99.63M-$115.98M-$86.31M-$67.06M-$75.08M-$46.23M
Investing cash flow-$21.39M$75.47M$1.06M$125.35M-$281.60M$29.59M-$40.57M$40.16M
Financing cash flow$51.47M$224.0K$61.86M$609.0K$337.18M$8.94M$163.12M$594.0K
Stock-based compensation$15.95M$19.68M$22.32M$19.45M$64.74M$3.20M$2.17M$1.38M
Depreciation and amortization$5.87M$7.79M$9.19M$7.47M$3.96M$2.66M$1.67M$660.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Revenue growth, YoY127.0%16.2%246.4%10.2%--694.5%2440.3%-
Gross margin23.4%-4.8%-55.6%-145.4%-91.9%--26.1%14.5%
Operating margin-123.0%-420.0%-635.2%-2212.9%-2884.2%--4410.0%-90743.5%
Net margin-123.1%-390.5%-591.4%-2105.4%-2809.3%--4273.1%-90967.7%
Free cash flow margin-94.7%-335.3%-477.3%-1924.6%-1579.0%--4766.7%-74567.7%
Return on equity-87.2%-120.1%-80.5%-66.1%-51.4%---
Return on assets-49.0%-71.8%-56.3%-49.7%-46.9%-112.3%-54.3%-
Current ratio2.872.984.315.7812.673.257.61-
Debt to equity----0.00---

Source: XBRL data Innoviz Technologies Ltd. files with the SEC, latest filing dated Mar 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

INVZ peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
INVZ$55.09M+127.0%-$67.80M-123.1%$64.4M
TT$23.23B+10.3%$3.16B13.6%$92.12B
MGA$42.01B-1.9%$829.00M2.0%$15.85B
ALSN$5.24B+70.8%$583.00M11.1%$10.31B
BWA$14.24B+0.4%$478.00M3.4%$10.13B
ALV$11.07B+4.3%$624.00M5.6%$8.71B
APTV$16.71B+4.1%$769.00M4.6%$8.01B
MOD$3.63B+35.1%$130.20M3.6%$5.48B
LEA$23.79B+3.5%$584.40M2.5%$5.28B

INVZ FAQ

9 questions
  • What is INVZ revenue?
    Innoviz Technologies Ltd. (INVZ) reported $55.09M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 127.0% from the year before.
  • Is INVZ profitable?
    No. Innoviz Technologies Ltd. reported a net loss of $67.80M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does INVZ have?
    Innoviz Technologies Ltd. reported $8.64M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is INVZ revenue growing?
    Innoviz Technologies Ltd.'s revenue changed +127.0% in fiscal 2025, to $55.09M.
  • What is INVZ gross margin?
    Innoviz Technologies Ltd.'s gross profit was $12.90M on $55.09M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 23.4%.
  • What is INVZ free cash flow?
    Innoviz Technologies Ltd. generated -$52.17M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$47.92M less capital expenditures.
  • What is INVZ earnings per share?
    Diluted earnings per share were -$0.34 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did INVZ last report financial results?
    The latest statements here come from Innoviz Technologies Ltd.'s 20-F filed on Mar 4, 2026, covering the period ended Dec 31, 2025.
  • Where does this INVZ financial data come from?
    Quantisnow builds these statements from the structured XBRL data Innoviz Technologies Ltd. files with the SEC. It is provided for information only and is not investment advice.