Innoviz Technologies NASDAQ: INVZ reported record second-quarter revenue of $18.1 million as higher recognition of non-recurring engineering, or NRE, revenue tied to customer milestones helped lift results. The lidar developer also said it is expanding into defense and homeland-security applications through its new Perciz brand, citing an initial multimillion-dollar order and a growing customer pipeline.
Innoviz Technologies Ltd. (INVZ) Q2 2026 Earnings Call Transcript
Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 153,304 | $116,700 | $59,481.95 | -$57,218.05 | -49.03% |
Bank Hapoalim B.M. Bank Hapoalim B.M. | 15,700 | $26,000 | $6,297.27 | -$19,702.73 | -75.78% |
| NA Nizar Araji National Bank Of Canada /FI/ | 7,700 | $13,773 | $2,986.83 | -$10,786.17 | -78.31% |
Point72 Asset Management LP Point72 Asset Management LP | 12,494 | $9,510 | $4,635.27 | -$4,874.73 | -51.26% |
Jeff Ameen Spire Wealth Management | 2,003 | $2,323.93 | $859.29 | -$1,464.64 | -63.02% |
| Automobile Components Industry | Consumer Discretionary Sector | Omer David Keilaf CEO | NASDAQ (CM) Exchange | M5R635108 CUSIP |
| IL Country | 372 Employees | - Last Dividend | 6 Apr 2021 Last Split | 5 Apr 2021 IPO Date |
Innoviz Technologies Ltd. stands as a leading name in the field of automotive LiDAR technology, dedicated to advancing safe autonomous driving on a global scale. The company's core mission is to manufacture and supply automotive-grade LiDAR sensors and comprehensive perception software, aiming to democratize autonomous driving technologies for a wide range of vehicles, from passenger cars to heavy-duty trucks. Headquartered in Rosh Haayin, Israel, Innoviz Technologies has widened its operational footprint to encompass strategic markets across Europe, Asia Pacific, the Middle East, Africa, and North America. With a commitment to innovation and excellence, the company leverages both direct sales strategies and distribution networks to reach its diversified customer base, which includes major automakers and companies in the transportation and logistics sectors.
As a flagship product, InnovizOne is a solid-state LiDAR sensor specifically engineered for adoption by automakers and service providers in the mobility sector, including robotaxis, shuttles, trucks, and delivery companies. Distinguished for its automotive-grade quality, InnovizOne is engineered to support mass production, enabling widespread application for vehicles that seek autonomy. This product marks a critical milestone in the pursuit of widespread autonomous driving, offering a reliable, scalable solution for the industry.
Building on the foundation laid by InnovizOne, InnovizTwo represents the next evolution in LiDAR sensor technology. Tailored to meet the nuanced demands of all autonomy levels, this automotive-grade LiDAR sensor stands out for its versatile application potential and the innovative option to integrate the LiDAR's perception application directly. InnovizTwo is developed to streamline the transition towards autonomous driving, providing a robust foundation for vehicles requiring detailed environmental perception and data analysis.
Innoviz's perception application software seamlessly transforms raw point cloud data collected by Innoviz LiDAR sensors into actionable perception outputs. This critical process enables vehicles to accurately understand and interact with their surroundings, a fundamental component for achieving safe autonomy. Designed to complement Innoviz's LiDAR products, this software application enhances the overall capability of autonomous systems, facilitating more intelligent decision-making and navigation capabilities for autonomous vehicles.