Mobileye Global

Q2 FY2026 EarningsQ2 FY2026 results significantly beat consensus expectations across key profitability metrics, despite top-line revenue being largely in-line. Revenue of $508M slightly exceeded the $482.2M expected, while Adjusted EPS of $0.19 crushed the $0.0575 consensus mean. The outperformance was primarily driven by a newly enacted Israeli R&D incentive grant, which provided a $110M GAAP ($93M Non-GAAP) benefit to operating expenses. Consequently, management raised full-year 2026 Adjusted Operating Income guidance by 88% at the midpoint to $395M, well above previous trajectories.