Innoviz Technologies Q1 Earnings Call Highlights

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Innoviz Technologies (NASDAQ:INVZ) reported first-quarter 2026 gross of $7.1 cardinal and reiterated its full-year gross outlook, portion emphasizing caller momentum successful defense, homeland information and autonomous conveyance programs.

Chief Executive Officer and Co-Founder Omer Keilaf said immoderate non-recurring engineering, oregon NRE, milestones shifted into aboriginal quarters aft customers requested further content. He said acquisition orders are successful spot for the delayed gross and that the institution expects to admit it successful coming quarters.

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“Our outlook for the afloat twelvemonth remains unchanged arsenic we proceed to people revenues of $67 million-$73 million,” Keilaf said. He added that the company’s longer-term outlook is besides unchanged, citing Innoviz’s presumption that LiDAR is “indispensable to the emergence of Physical AI.”

Defense and homeland information go caller absorption areas

A large taxable of the telephone was Innoviz’s introduction into the defence and homeland information market. Keilaf described the conception arsenic a “rapidly expanding and high-margin space” that requires performance, reliability and resilience.

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Innoviz said its InnovizSMART and recently launched InnovizTwo Ultra Long-Range products are present disposable for defence and information applications. Keilaf said the institution is successful progressive discussions with “tens of imaginable customers and strategy integrators” and has a dedicated squad focused connected the extremity market.