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Innoviz posts record $18.1M quarter; ID. Buzz with nine lidars testing in six cities
Innoviz TechnologiesInnovizTwo lidar
Innoviz reported record second-quarter 2026 revenue of $18.1 million, up from $9.7 million, and a net loss of $18.5 million. The VW ID. Buzz on Mobileye Drive, carrying nine Innoviz lidars, is testing in Los Angeles, Orlando, Austin, Munich, Hamburg and Oslo, and Innoviz sees about 150,000 extra lidar units from Mobileye's robotaxi business.
- Liquidity about $48.5M at June 30, plus ~$30M raised in a July 29 offering
- First defense orders of about $3.5M for several hundred lidars
- Reiterated 2026 revenue guidance of $67-73M