Mobileye shrugs off trade tensions with strong Q1 results
Autonomous systems maker reports robust sales and maintains full-year outlook.
Israeli-American autonomous driving systems maker Mobileye is maintaining its annual revenue forecast for 2025, despite growing concerns over the impact of new U.S. tariff policies on the global automotive industry.
The Intel-controlled company expects to end the year with revenue in the range of $1.7–$1.8 billion. On the bottom line, Mobileye projects an adjusted (non-GAAP) net profit of $175–$260 million.
Mobileye believes the new tariffs—set to take effect in early May and targeting imports from China and European countries—will have only an indirect impact on its operations. This is because the company primarily sells its systems to global component suppliers, who then distribute them to automakers, rather than selling directly to the car manufacturers.
A potential risk could arise if the tariffs lead to a significant decline in vehicle sales in the U.S. market, which in turn could reduce demand for Mobileye’s systems.
“Based on strong revenue trends to-date and our own analysis of likely production impacts of the current tariff conditions (including the most recent third party forecasts), we continue to expect to deliver revenue and profitability within the guidance range. While uncertainty has clearly risen, our original outlook was designed to account for some amount of macro deterioration in 2025,” said Mobileye President and CEO Professor Amnon Shashua. “Business development activity was strong in Q1. In fact, Q1 was one of the largest quarters on record in terms of projected future volumes from design wins. Among other important wins, notable achievements were an ADAS design win with a customer we haven’t had since 2016, our first Surround ADAS design win with Volkswagen Group, and acceleration for our Mobileye Drive robotaxi solution.”
Mobileye released its guidance alongside financial results for the first quarter of 2025. The company reported $438 million in revenue—an 83% jump from the first quarter of 2024, which had been its weakest since the onset of inventory buildup among its customers.
On the bottom line, Mobileye reported a net loss of $102 million, or 13 cents per share. Excluding accounting adjustments and one-time items, the company posted an operating profit of $59 million and a net profit of $63 million. Cash flow from operations totaled $109 million for the quarter.
