StockWatch
·
EDP Services
Quarterly ResultAug 6, 2026, 07:03 AM

Arbe Q2 Revenue $0.7M, Net Loss Reduced to $9.1M; Appoints New CFO

AI Summary

Arbe Robotics Ltd. announced its second quarter 2026 financial results, reporting a 133% increase in revenue to $0.7 million, up from $0.3 million in the prior year. The company also reduced its net loss to $9.1 million from $10.2 million in Q2 2025, and operating expenses decreased to $9.8 million. Arbe reaffirmed its full-year 2026 revenue guidance of $4 million to $6 million and reported $41.9 million in cash and equivalents. Additionally, the company announced the appointment of Assaf Pereg as the new Chief Financial Officer, effective August 30, 2026, succeeding Karine Pinto-Flomenboim.

Key Highlights

  • Q2 2026 revenue increased 133% to $0.7 million from $0.3 million in Q2 2025.
  • Q2 2026 net loss reduced to $9.1 million, compared to $10.2 million in Q2 2025.
  • Operating expenses decreased to $9.8 million in Q2 2026 from $11.3 million in Q2 2025.
  • Cash, cash equivalents, and short-term bank deposits totaled $41.9 million as of June 30, 2026.
  • Reaffirmed full-year 2026 revenue guidance in the range of $4 million to $6 million.
  • Assaf Pereg appointed as incoming Chief Financial Officer, effective August 30, 2026.
  • Began deliveries of radar systems for defense and homeland security projects.
  • Arbe's radar systems integrated into robotaxi vehicles for on-road trials.