Quarterly ResultAug 5, 2026, 04:21 PM
Innoviz Q2 Revenue $18.1M; Launches Perciz Defense Brand, Secures $3.5M Orders
AI Summary
Innoviz Technologies reported record second-quarter 2026 revenue of $18.1 million, a significant increase from $9.7 million in Q2 2025. The company announced its strategic expansion into the defense and homeland security markets with the launch of its Perciz brand and secured its first multimillion-dollar orders totaling $3.5 million. Innoviz also provided updates on its automotive programs, including progress with VW, Mobileye, and Daimler Truck, and the development of a LiDAR-based perception stack with a top 10 global OEM. Despite an operating loss of $18.4 million, the company reiterated its full-year 2026 revenue outlook of $67-$73 million.
Key Highlights
- Launched Perciz brand for defense and homeland security markets.
- Received first multimillion-dollar defense orders totaling $3.5 million.
- Q2 2026 record revenue of $18.1 million, up from $9.7 million in Q2 2025.
- Reiterated FY 2026 revenue outlook of $67-$73 million.
- Appointed Maj. Gen. (Ret.) Yoav Har-Even to the Board of Directors.
- Developing LiDAR-based perception stack with a top 10 global OEM.
- Q2 2026 operating expenses were $19.1 million.
- Liquidity was $48.5 million as of June 30, 2026.
Price Impact
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