Israeli autonomous vehicle technology firm Mobileye reported a 15% year-on-year revenue increase in Q2 2025, reaching US$506 million.

Operating profit rose 21% to US$106 million, while net cash flow from operations hit US$322 million.

Net profit was 13 cents per share, excluding accounting expenses.

The company now holds US$1.7 billion in cash reserves.

Mobileye raised its full-year revenue forecast to between US$1.765 billion and US$1.885 billion, indicating 7% to 14% growth from 2024. This follows a revenue decline in 2024 and weaker results in 2023.

CEO Amnon Shashua highlighted that progress in autonomous vehicle tech could be key for growth.

Mobileye has deals with Volkswagen and Uber to launch robotaxi services in Los Angeles and is also partnering with Lyft.