---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-084516"
form_type: "8-K"
ticker: "MBLY"
cik: "0001910139"
company_name: "Mobileye Global Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:58:56.008605+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mobileye Q2 revenue down 1% to $454M; GAAP EPS -$0.04, adjusted EPS $0.17

## Summary
- GAAP operating loss $33M vs income $10M a year ago; adjusted operating income $140M, down 23%.
- Gross margin 49% flat YoY; adjusted gross margin 72%, down 3pp on higher EyeQ chip costs.
- Main customer de-stocked SuperVision units in Q2; near-term launches remain on track with 5 models by Q1 2024.
- Porsche SuperVision design win announced; VW Group expanding cloud-enhanced ADAS and Drive testing.
- Balance sheet strong with $1.1B cash, zero debt; operating cash flow $197M for six months.

## SEC filing metadata
- accession: 0001104659-23-084516
- form_type: 8-K
- ticker: MBLY
- cik: 0001910139
- company_name: Mobileye Global Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1910139/000110465923084516/0001104659-23-084516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1910139/000110465923084516/tm2321797d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-084516
- JSON: https://secwatch.observer/filing/0001104659-23-084516.json
- Plain text: https://secwatch.observer/filing/0001104659-23-084516.txt

## Key facts
- Earnings Releases
  Mobileye Global Inc. reported the quarter ended July 1, 2023 results: revenue $454 million, net income $ (28), EPS $(0.04).
  - Period: the quarter ended July 1, 2023
  - Revenue: $454 million
  - Net income: $ (28)
  - EPS: $(0.04)
  - Result: reported results
  source text: EXHIBIT 99.1 Exhibit 99.1 Mobileye Discloses Second Quarter 2023 Results, Updates Guidance and Provides Business Update · Revenue decreased 1% year over year to $454 million in the second quarter. · Operating Margin and Adjusted Operating Margin both improved meaningfully versus the first quarter of 2023. · Diluted EPS (GAAP) was $(0.04) and Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910139/000110465923084516/0001104659-23-084516-index.htm

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