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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 17M | 188.5% |
| Gross Profit | 7M | 1195.4% |
| Cost of Revenue | 10M | 89.7% |
| Operating expense | 31M | 58.8% |
| Net Income | -13M | 32% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 157M | 19% |
| Total Liabilities | 49M | 7.1% |
| Total Equity | 108M | 36.5% |
| Shares Outstanding | 169M | 23.5% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -19M | 5.1% |
| Cash from financing | 38M | 68514.5% |
EPS
Financial Highlights for Innoviz Technologies in Q1 '25
Innoviz Technologies reported a revenue of 17M, which is a 188.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 7M, marking a 1195.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 10M, a 89.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 31M, showing a 58.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -13M, showing a 32% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Innoviz Technologies with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
