Innoviz Technologies stock reports record Q2 revenue

Published on 10/06/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Innoviz Technologies stock was last at USD 0.33 on October 5, 2026, after a 7.91 percent daily drop. Q2 revenue reached USD 18.1 million, while 2026 guidance stayed at USD 67 million-USD 73 million.

INVZ, IL0011745804, Illustration mit AI erstellt.

Innoviz Technologies stock (ISIN IL0011745804) was last at USD 0.33 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, down 7.91 percent from the prior close. The company entered its second half with record Q2 revenue, defense orders and unchanged full-year guidance, according to Yahoo Finance in the August 5, 2026 earnings-call transcript.

Q2 revenue reaches USD 18.1 million

Innoviz reported all-time record Q2 2026 revenue of USD 18.1 million, with the quarter benefiting from customer milestone recognition and a return to positive gross margin, according to Yahoo Finance.

The quarterly revenue figure was up 85.5 percent year over year, while operating income was negative USD 18.4 million and net income was negative USD 18.5 million for Q2 2026, according to Ticker Nerd. The contrast between record sales and continuing losses leaves milestone timing and production scale as the central operating test.

Defense expands the revenue mix

Management reiterated 2026 revenue guidance of USD 67 million-USD 73 million and expects up to 10 percent of revenue to come from non-automotive physical artificial intelligence applications, mainly defense and security, according to Yahoo Finance.

The company said its first multimillion-dollar defense order covers several hundred LiDAR units for counter-drone and perimeter-security deployments. Six companies had publicly announced defense or security engagement with Innoviz, while discussions continued with dozens of potential customers in the Q2 2026 call.

Analyst target stays far above price

MarketBeat reports a Hold consensus from 2 analysts, split between 1 Buy and 1 Sell, with an average, high and low price target of USD 2.00 as of October 6, 2026. Against the USD 0.33 Nasdaq price, the target lies 506.06 percent above the stock.

The market is valuing the near-term execution risk sharply: Innoviz stock is down 84.8 percent from its 52-week high of USD 2.54, while its 52-week low is USD 0.29. For investors, the key comparison is clear: the revenue trajectory improved in Q2 2026, but losses remain substantial and the defense strategy still has to convert orders into recurring volume.

Innoviz stock trades near yearly low

Innoviz Technologies stock was last at USD 0.33 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, with a daily change of negative 7.91 percent and a market capitalization of USD 95.9 million.