Mobileye Global Inc
For the period ended Jun 29, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 7, 2024
MBLY$5.63-3.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · Three months ended · Six months ended | ||||||||||||
| · June 29, · July 1, · · June 29, · July 1, | ||||||||||||
| U.S. dollars in millions, except per share amounts · 2024 · 2023 · · 2024 · 2023 | ||||||||||||
| Revenue | | $439 | | $454 | | $678 | | $912 | ||||
| Cost of revenue | | | 230 | | | 230 | | | 415 | | | 481 |
| Gross profit | | | 209 | | | 224 | | | 263 | | | 431 |
| Research and development, net | | | 256 | | | 211 | | | 499 | | | 446 |
| Sales and marketing | | | 28 | | | 29 | | | 62 | | | 62 |
| General and administrative | | | 19 | | | 17 | | | 34 | | | 37 |
| Total operating expenses | | | 303 | | | 257 | | | 595 | | | 545 |
| Operating income (loss) | | | (94) | | | (33) | | | (332) | | | (114) |
| Other financial income (expense), net | | | 13 | | | 15 | | | 30 | | | 23 |
| Income (loss) before income taxes | | | (81) | | | (18) | | | (302) | | | (91) |
| Benefit (provision) for income taxes | | | (5) | | | (10) | | | (2) | | | (16) |
| Net income (loss) | | $(86) | | $(28) | | $(304) | | $(107) | ||||
| Earnings (loss) per share attributed to Class A and Class B stockholders: | | | | | | | | | | | | |
| Basic and diluted | | $(0.11) | | $(0.04) | | $(0.38) | | $(0.13) | ||||
| Weighted-average number of shares used in computation of earnings (loss) per share attributed to Class A and Class B stockholders (in millions): | | | | | | | | | | | | |
| Basic and diluted | | | 806 | | | 805 | | | 806 | | | 803 |
| Net income (loss) | | | (86) | | | (28) | | | (304) | | | (107) |
| Other comprehensive income (loss) | | | — | | | — | | | — | | | 9 |
| TOTAL COMPREHENSIVE INCOME (LOSS) | | $(86) | | $(28) | | $(304) | | $(98) | ||||
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