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Mobileye Global (MBLY) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 23, 2026

Mobileye Global (MBLY) reported revenue of $558M for the first quarter 2026 (Q1 2026), +27% from a year earlier and +25% from the quarter before. Operating margin was -698.2%, net loss $3.8B (684.2% of revenue).

Revenue$558M
Year over year+27%
Quarter over quarter+25%
Operating margin-698.2%
Net earnings−$3.8B

Mobileye Global, Q1 2026: revenue $558M (+27% year over year), operating margin -698.2%, net loss $3.8B, operating cash flow $75.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$558M+25%+27%
Operating profit−$3.9B——
Net earnings−$3.8B——
Operating cash flow$75.0M-34%-31%
Free cash flow$45.0M-48%-53%

What changed

Revenue was $558.0M in Q1 2026, up 27% year over year and up 25% from the previous quarter.

Gross margin was 49.3%, up 2.0 points from Q1 2025. Operating costs exceeded revenue by $3,896.0M, an operating margin of -698.2%. Operating expenses grew 1187% against revenue growth of 27%. The fastest-growing cost line was General & admin (+72%). The quarter ended with a net loss of $3,818.0M, wider than the previous quarter's $127.0M loss.

Operating cash flow was $75.0M (down 31% year over year). Non-cash charges added back $133.0M of depreciation and amortization and $80.0M of share-based compensation. Working capital and other items added $3,680.0M. Capital expenditures of $30.0M left free cash flow of $45.0M.

Questions

What was Mobileye Global's revenue in the first quarter 2026?

Mobileye Global (MBLY) reported revenue of $558M for the first quarter 2026 (Q1 2026), +27% from a year earlier and +25% from the quarter before.

Was Mobileye Global profitable in the first quarter 2026?

Operating loss was $3.9B (-698.2% of revenue) and net loss $3.8B.

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Source: Mobileye Global 10-Q on SEC EDGAR.