Innoviz more than doubles 2025 revenue to $55.1M; VW ID. Buzz series start slated for late 2026

Innoviz Technologies/InnovizTwo lidar

Innoviz reported 2025 revenue of $55.1 million, up from $24.3 million, with a net loss of $67.8 million. It said VW's ID. Buzz Level 4 vehicle is slated for start of production later in 2026, Level 3 programs with VW Group and Mobileye for 2027, and that it has begun shipping InnovizTwo sensors for Daimler's truck fleet.

• Gross profit $12.9M vs a $1.2M loss in 2024; operating expenses down about 20%
• 2026 targets: $67-73M revenue and 2-3 new program wins
• Several carmakers have Level 3 requests for quotes in 2026, aiming at a 2028 ramp