Mobileye Global Inc (NASDAQ:MBLY) reported better-than-expected first-quarter financial results and raised FY26 revenue outlook on Thursday.
Revenue rose 27% year over year to $558 million, topping the $515.501 million estimate, while adjusted diluted EPS of 12 cents beat the 9 cents estimate.
“First quarter results reflected a stronger than expected start to 2026, and continued favorable demand trends enable us to modestly increase our 2026 outlook. We also secured an important design win with Mahindra which adds a third Surround ADAS customer and a second customer for our next-generation SuperVision product,” said CEO Professor Amnon Shashua.
Mobileye raised its full-year 2026 revenue guidance to $1.935 billion–$2.015 billion. …