Mobileye

Sales slipped a little, but Mobileye's bottom line still got better. Core profit rose 20 percent to 89 million dollars, and the loss under standard accounting shrank 25 percent to 82 million dollars. They also raised their full year sales outlook to between 1.995 and 2.02 billion dollars, which would mean 5 to 7 percent growth for 2026.

EyeQ chip shipments jumped 11 percent in the first nine months of 2026, while global car production fell about 1 percent. New wins with a top 5 Asian automaker, a top 10 Japanese automaker, and an expanded Stellantis deal that now reaches Europe add crowd sourced road maps on top of the camera chip. That means more dollars per car once those programs hit the road.

Revenue fell 2 percent from a year ago to 492 million dollars. Mobileye shipped more chips, but the average price per system dropped 5 percent because more orders came from Chinese car makers exporting cars with less software inside. The share of each sale they keep after production costs slipped from 67 percent to 64 percent.

A new Israeli research law added about 51 million dollars to core profit this quarter. Take that away and core profit would have been roughly 38 million dollars, about half of last year's 74 million. The cash from the grant will not arrive until 2028, and this year's numbers still include a 3.8 billion dollar writedown on past acquisitions.