---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050649"
form_type: "8-K"
ticker: "MBLY"
cik: "0001910139"
company_name: "Mobileye Global Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:29:36.426365+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mobileye Q1 revenue up 16% to $458M; cuts 2023 SuperVision forecast on China EV headwinds

## Summary
- GAAP diluted EPS $(0.10) loss vs $(0.08) in Q1 2022; adjusted diluted EPS $0.14, down from $0.16.
- Revenue $458M (+16% YoY); EyeQ revenue grew 11%, SuperVision drove remainder.
- Reduced 2023 SuperVision shipment guidance due to lower EV demand in China, impacting annual outlook.
- Operating cash flow $171M; cash and equivalents $1.2B, zero debt as of April 1, 2023.
- SuperVision launches on track: Polestar 4 in Q4 2023, Zeekr 001 Europe late 2023; design win pipeline expected >$6.7B.

## SEC filing metadata
- accession: 0001104659-23-050649
- form_type: 8-K
- ticker: MBLY
- cik: 0001910139
- company_name: Mobileye Global Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1910139/000110465923050649/0001104659-23-050649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1910139/000110465923050649/tm2313666d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050649
- JSON: https://secwatch.observer/filing/0001104659-23-050649.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050649.txt

## Key facts
- Earnings Releases
  Mobileye Global Inc. reported the three months ended April 1, 2023 results: revenue $458 million, net income $ (79 ), EPS $(0.10).
  - Period: the three months ended April 1, 2023
  - Revenue: $458 million
  - Net income: $ (79 )
  - EPS: $(0.10)
  - Result: reported results
  source text: EXHIBIT 99.1 Exhibit 99.1 Mobileye Discloses First Quarter 2023 Results, Updates 2023 Guidance and Provides Business Update · Revenue increased 16% year over year to $458 million in the first quarter. · Diluted EPS (GAAP) was $(0.10) and Adjusted Diluted EPS (Non-GAAP) was $0.14 in the first quarter. · Average System Price 1 increased to $53.9 in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910139/000110465923050649/0001104659-23-050649-index.htm
- Earnings Releases
  Mobileye Global Inc. updated its 2023 guidance (lowered).
  - Period: 2023
  - Guidance: lowered
  - Result: guidance update
  source text: Due to a number of headwinds lowering EV demand in China, we have reduced our 2023 SuperVision shipment forecast which is negatively impacting our annual financial guidance as explained below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910139/000110465923050649/0001104659-23-050649-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
