Mobileye reported revenue of USD 1.65 billion for the full year ending December 28, 2024, a decrease of 20%. The company’s financial income, net, was USD 62 million for the same period. Mobileye recorded a benefit for income tax of USD 73 million in 2024, which was mainly attributed to deferred tax effects related to goodwill impairment recognized during the year. The company noted that the decrease in revenue was primarily due to a decline in sales of its advanced driver-assistance system (ADAS) solutions, including its Premium ADAS offerings. Mobileye continues to derive the majority of its revenue from the sale of EyeQ system-on-chip (SoC) products to original equipment manufacturers (OEMs). During 2024, Mobileye recognized a non-cash goodwill impairment expense for its main reporting unit, following an impairment analysis conducted in the third quarter. The financial results are presented on a standalone basis and may differ from segment reporting under Intel due to variations in corporate overhead allocation and consolidation thresholds. Mobileye highlighted that income from investments in money market funds and short-term deposits contributed to financial income, while fluctuations in foreign exchange rates impacted financial expenses. The company operates in several key markets, including the United States, Israel, Europe, China, and Japan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobileye Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-014300), on February 12, 2026, and is solely responsible for the information contained therein.