Mobileye Q2 Adjusted Operating Income +46%; Raises FY26 Guidance

Mobileye Global Inc. reported its second quarter 2026 financial results, with revenue remaining relatively flat at $508 million. The company demonstrated significant improvements in profitability, with GAAP operating loss improving by 59% to $(30) million and Adjusted Operating Income increasing by 46% to $155 million. These improvements were largely attributed to an R&D incentive grant of $110 million (GAAP) recognized under a new Israeli law. Mobileye also raised its full-year 2026 revenue outlook and significantly increased its Adjusted Operating Income guidance by 88% at the midpoint, reflecting a positive outlook.