Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and develops perception software that enables the mass production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; Innoviz360, a 360-degree LiDAR for automotive and non-automotive applications; and perception application, a software application that turns the InnovizOne LiDAR's raw point cloud data into perception outputs to provide scene perception and deliver an automotive-grade ASIL B(D) solution. It operates in Europe, Asia Pacific, the Middle East, Africa, and North America. Innoviz Technologies Ltd. was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.
Revenue of Innoviz Technologies Ltd. (INVZ)
Revenue in 2023 (TTM): $20.88 M
According to Innoviz Technologies Ltd.'s latest financial reports the company's current revenue (TTM) is $20.88 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Innoviz Technologies Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $20.88 M | $-11,614,000 | $-123,410,000 | $-122,812,000 | $-123,454,000 |
| 2022 | $6.03 M | $-8,764,000 | $-125,877,000 | $-126,547,000 | $-126,872,000 |
| 2021 | $5.47 M | $-5,022,000 | $-153,693,000 | $-153,275,000 | $-153,559,000 |
| 2020 | $-9,364,000 | $-15,771,000 | $-79,322,000 | $-81,328,000 | $-81,511,000 |
| 2019 | $1.58 M | $-411,000 | $-67,784,000 | $-67,291,000 | $-67,301,000 |
| 2018 | $62 K | $9 K | $-55,601,000 | $-56,368,000 | $-56,400,000 |