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Innoviz Technologies Ltd's Business Segments
Innoviz Technologies Ltd's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 55
Regions Reported
3
Annual Results
Revenue Share by Region -
- EMEA82%
- North America13.2%
- Asia Pacific0.2%
Revenue by Geographic Region -
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| EMEA | $ 45 | 82% |
| North America | $ 7 | 13.2% |
| Asia Pacific | $ 0 | 0.2% |
Description of Innoviz Technologies Ltd
Innoviz Technologies Ltd. is an Israeli-based company that specializes in developing cutting-edge LiDAR (Light Detection and Ranging) technology for autonomous vehicles. Founded in 2016 by Omer Keilaf and Oren Rosenzweig, the company aims to provide advanced perception solutions to enable the widespread adoption of autonomous driving.
One of Innoviz's key products is its InnovizOne LiDAR sensor, which is a compact, high-resolution sensor designed specifically for automotive applications. The sensor utilizes a solid-state design, making it more reliable, durable, and cost-effective compared to traditional mechanical LiDAR systems. It provides a comprehensive 360-degree view of the vehicle's surroundings, enabling accurate detection, tracking, and classification of objects, even at long ranges and in challenging weather conditions.
The InnovizOne LiDAR sensor utilizes a combination of advanced hardware and software to deliver highly accurate and detailed 3D point cloud data. Its long-range scanning capabilities (up to 250 meters) and high resolution (up to 0.1 degrees) ensure that autonomous vehicles can make informed decisions quickly, enhancing safety and efficiency on the road.
Additionally, Innoviz provides a complementary perception software suite called InnovizAPP. This software processes the point cloud data captured by the LiDAR sensor and converts it into actionable insights for autonomous driving systems. It offers real-time object detection, classification, and tracking, as well as advanced features like semantic segmentation and free-space detection. The software is highly customizable and can be easily integrated into existing autonomous driving platforms.
Innoviz's LiDAR technology is built on solid-state design, using micro-electro-mechanical systems (MEMS) technology and semiconductor components. This approach eliminates any moving parts, thereby reducing the risk of mechanical failure and improving the overall reliability of the system. Moreover, the solid-state design enables mass production of the sensors, leading to lower costs and wider accessibility.
The company has gained significant recognition within the autonomous vehicle industry, securing partnerships with major automotive manufacturers and suppliers. Innoviz's LiDAR technology has been integrated into vehicles from major companies like BMW and Magna International, demonstrating its potential to shape the future of autonomous driving.
Innoviz has also attracted substantial investments from prominent venture capital firms and strategic investors. The company has raised over $252 million in funding, enabling it to further develop its technology, expand its product portfolio, and accelerate its global deployment.
In summary, Innoviz Technologies Ltd. is a leading Israeli-based company that specializes in LiDAR technology for autonomous vehicles. Its solid-state InnovizOne LiDAR sensor and advanced perception software suite, InnovizAPP, provide accurate and detailed 3D perception capabilities for autonomous vehicles, contributing to the advancement and safety of autonomous driving technology. With its innovative technology, strong partnerships, and significant funding, Innoviz is well-positioned to play a major role in shaping the future of autonomous vehicles.
One of Innoviz's key products is its InnovizOne LiDAR sensor, which is a compact, high-resolution sensor designed specifically for automotive applications. The sensor utilizes a solid-state design, making it more reliable, durable, and cost-effective compared to traditional mechanical LiDAR systems. It provides a comprehensive 360-degree view of the vehicle's surroundings, enabling accurate detection, tracking, and classification of objects, even at long ranges and in challenging weather conditions.
The InnovizOne LiDAR sensor utilizes a combination of advanced hardware and software to deliver highly accurate and detailed 3D point cloud data. Its long-range scanning capabilities (up to 250 meters) and high resolution (up to 0.1 degrees) ensure that autonomous vehicles can make informed decisions quickly, enhancing safety and efficiency on the road.
Additionally, Innoviz provides a complementary perception software suite called InnovizAPP. This software processes the point cloud data captured by the LiDAR sensor and converts it into actionable insights for autonomous driving systems. It offers real-time object detection, classification, and tracking, as well as advanced features like semantic segmentation and free-space detection. The software is highly customizable and can be easily integrated into existing autonomous driving platforms.
Innoviz's LiDAR technology is built on solid-state design, using micro-electro-mechanical systems (MEMS) technology and semiconductor components. This approach eliminates any moving parts, thereby reducing the risk of mechanical failure and improving the overall reliability of the system. Moreover, the solid-state design enables mass production of the sensors, leading to lower costs and wider accessibility.
The company has gained significant recognition within the autonomous vehicle industry, securing partnerships with major automotive manufacturers and suppliers. Innoviz's LiDAR technology has been integrated into vehicles from major companies like BMW and Magna International, demonstrating its potential to shape the future of autonomous driving.
Innoviz has also attracted substantial investments from prominent venture capital firms and strategic investors. The company has raised over $252 million in funding, enabling it to further develop its technology, expand its product portfolio, and accelerate its global deployment.
In summary, Innoviz Technologies Ltd. is a leading Israeli-based company that specializes in LiDAR technology for autonomous vehicles. Its solid-state InnovizOne LiDAR sensor and advanced perception software suite, InnovizAPP, provide accurate and detailed 3D perception capabilities for autonomous vehicles, contributing to the advancement and safety of autonomous driving technology. With its innovative technology, strong partnerships, and significant funding, Innoviz is well-positioned to play a major role in shaping the future of autonomous vehicles.
The Company operates a single segment in the LiDAR Sensors market. The Chief Executive Officer serves as the Chief Operating Decision Maker, responsible for resource allocation, business performance assessment, and budget monitoring on a consolidated basis. Segment profit or loss aligns with the Company's consolidated net income or loss, and segment assets correspond to consolidated assets. External customer revenues were $55,089 thousand in 2025, $24,268 thousand in 2024, and $20,876 thousand in 2023. Geographic revenue is reported by customer delivery location, primarily from Europe, Middle East, and Africa—including Germany—followed by North America, Israel, and Asia Pacific. The Company's long-lived assets are mainly located in Israel, with smaller amounts in Germany and other locations. Major customers represent significant portions of revenues and trade receivables; Customer A accounted for 81% of revenues in 2025 and 73% of trade receivables as of December 31, 2025.